Latest news in Benefits Canada News

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Half of European employers say employees complying with in-person work policies: survey

Just half (52 per cent) of European employers say their employees comply with in-person work policies, according to a new survey by employment law firm…

  • By: Staff
  • November 9, 2023 November 8, 2023
  • 09:00
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Survey finds 76% of U.S. employees concerned about ability to save for retirement

While more than three-quarters (79 per cent) of U.S. employees say they’re satisfied with their employer-sponsored pension plan, 76 per cent say they’re concerned about…

  • By: Staff
  • November 8, 2023 November 8, 2023
  • 15:00

PIAC urging feds to open consultation on cessation of real return bonds

The Pension Investment Association of Canada is urging the federal government to open a comprehensive consultation regarding the cessation of real return bonds. In an open…

  • By: Staff
  • November 8, 2023 November 7, 2023
  • 09:00

CPP maximum pensionable earnings increasing to $68,500 in 2024

The maximum pensionable earnings under the Canada Pension Plan is increasing to $68,500 in 2024, up from $66,600 in 2023. The employee and employer contribution…

  • By: Staff
  • November 8, 2023 January 2, 2024
  • 09:00
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Ontario plans to require salary ranges be included in job postings

Under new legislation announced Monday, Ontario employers could soon be required to include salary ranges in job postings and disclose if artificial intelligence is part…

Canadian DB pension plans return -1.99% in third quarter of 2023: report

Canadian defined benefit pension plans generated a median return of negative 1.99 per cent in the third quarter of 2023, according to the BNY Mellon…

  • By: Staff
  • November 7, 2023 November 7, 2023
  • 09:00
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Expert panel: How employers can align their benefits plan and DEI strategy

The documentation of formal diversity, equity and inclusion policies and approaches is one of the most significant changes to the Canadian workplace over the last…

  • By: Kim Siddall
  • November 7, 2023 November 6, 2023
  • 09:00
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Just 31% of U.S. workers say their employer has asked for input on hybrid, remote working: survey

Just a third (31 per cent) of U.S. employees say their employers has asked for their input on remote and hybrid working arrangements, according to…

  • By: Staff
  • November 6, 2023 November 6, 2023
  • 15:00

BMO providing paid leave top-up to military reservists on deployment, training

The Bank of Montreal is extending paid leave benefits to employees who are reservists with the Canadian Armed Forces. These employees will receive up to…

TD Synnex modernizing benefits plan, supporting plan members’ mental health

TD Synnex Canada is modernizing its employee benefits plan by getting the best value for money while still protecting employees from a mental-health and well-being…

  • By: Staff
  • November 6, 2023 November 9, 2023
  • 09:00

Alberta would need to negotiate international agreements if it quits CPP: Freeland

Federal Finance Minister Chrystia Freeland says if Alberta were to quit the Canada Pension Plan it would require a “complex and multi-year process” of negotiating…

Coverage of the 2023 DC Investment Conference

Since the onset of the coronavirus pandemic three years ago, the global economy has faced a bumpy ride, led by the lingering public health crisis,…

2023 DC Investment Forum: Silver linings for retirement savings, investment trends and younger generations

Defined contribution pension plan members are currently in a different place, especially the younger generations, who are likely feeling as though their financial priorities don’t…

2023 DC Investment Forum: The importance of strategic asset allocation in target-date funds

Since defined contribution plan members will experience a wide variety of market conditions over the course of their working lives and into retirement, it’s important…

2023 DC Investment Forum: How real assets in DC plans can give members a ‘much smoother ride’

In volatile market environments, adding real assets to defined contribution pension plan portfolios has the ability to provide diversification benefits and give members a “much…

2023 DC Investment Forum: Why DC plan sponsors should consider a distinct credit exposure

While fixed income has long had the reputation of being the conservative and stable supporting partner in the traditional balanced portfolio, unbundling fixed income into…

2023 DC Investment Forum: How longevity risk pooling can help DC plan members meet their retirement income needs

Larry, a hypothetical defined contribution plan member, is facing a difficult calculus as he prepares to retire. Between his personal and DC plan savings, he’s…

2023 DC Investment Forum: Target-date fund glide paths evolving to meet DC plan member needs

Plotting out a glide path is the most important part of designing a target-date fund — not only does it take members on a roughly…

Survey finds only a third of Canadians are factoring chronic conditions into retirement plans

Among baby boomers with a chronic physical or mental-health condition that requires medication or treatment (49 per cent), a third (32 per cent) have changed…

  • By: Staff
  • November 3, 2023 November 2, 2023
  • 15:00

Fidelity Canada wins award for focusing on flexibility amid return-to-office rollout

Fidelity Canada’s flexible return-to-office rollout landed the company a win in the Future of Work Strategy category at Benefits Canada’s 2023 Workplace Benefits Awards. In September…

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Feds name advisory group for national strategy for drugs for rare diseases

The federal government is appointing members to an implementation advisory group to support the launch of its national strategy for drugs for rare diseases. The members…

  • By: Staff
  • November 3, 2023 November 7, 2023
  • 09:00

Ontario Infrastructure Bank to leverage public sector pension investments

The Ontario government is launching an infrastructure bank that will leverage investments by public sector pension plans and other Canadian institutional investors. In its fall…

  • By: Staff
  • November 3, 2023 November 2, 2023
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on Lululemon Athletica Inc.’s win in the Financial wellness category at Benefits Canada‘s 2023 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the last week.…

  • By: Staff
  • November 3, 2023 November 2, 2023
  • 09:00
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Caisse acquiring Brazilian power company, BCI closing $1.25BN bond issuance

The Caisse de dépôt et placement du Québec is acquiring Brazil-based power transmission network company Integração Transmissora de Energia in a deal worth $108.5 million.…

  • By: Staff
  • November 2, 2023 November 1, 2023
  • 11:00

Lululemon’s use of video, social media in benefits communications results in award win

Lululemon Athletica Inc.’s thorough and innovative approach to benefits communications resulted in a win at Benefits Canada‘s 2023 Workplace Benefits Awards on Oct. 20. The apparel company won…

  • By: Sadie Janes
  • November 2, 2023 November 7, 2023
  • 09:00