Latest news in Benefits Canada News

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Average Canadian DB pension plan returns -4% in Q3 2023: reports

The average Canadian defined benefit pension plan returned negative four per cent in the third quarter of 2023, according to two new reports. The RBC…

  • By: Staff
  • November 2, 2023 November 1, 2023
  • 09:00

Nearly half of U.S. SMEs offering retirement savings plans to boost attraction, retention efforts: survey

While more than two-thirds (69 per cent) of U.S. small- and medium-sized employers say the main reason they offer a retirement savings plan is to help…

  • By: Staff
  • November 1, 2023 November 2, 2023
  • 15:00

Flight Centre wins award for mental-health training, efforts to reduce stigma

Flight Centre Travel Group’s efforts to support employee mental health amid the ongoing impact of the coronavirus pandemic resulted in a win at Benefits Canada’s…

  • By: Blake Wolfe
  • November 1, 2023 October 31, 2023
  • 09:00

Survey finds 53% of Canadian employees feel negatively about work, 30% feeling overworked

More than half (53 per cent) of Canadian employees say they feel negatively about work and 30 per cent feel tired and overworked, according to…

  • By: Staff
  • November 1, 2023 November 1, 2023
  • 09:00
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68% of U.S. employees plan to stay with their current employer, citing pay and benefits: survey

More than two-thirds (68 per cent) of U.S. employees say they plan to stay with their current employer, up from 64 per cent in 2022…

  • By: Staff
  • October 31, 2023 October 31, 2023
  • 15:00

Institutional investors’ class action lawsuits aim to affect corporate governance changes

While many institutional investors participate in class action lawsuits against investee companies to recover assets lost due to malfeasance, others do so to be activists,…

  • By: Joe Hornyak
  • October 31, 2023 October 30, 2023
  • 11:00

Telus Communications’ commitment to psychologically safe workplace leads to award win

Telus Communications Inc.’s proactive approach to fostering employee mental health led to its win in the Mental-health program category for companies with more than 1,000…

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Canada Labour Code amendments will exempt some employees from hours-of-work requirements

New amendments to the Canada Labour Code will exempt some employees from the legislation’s hours-of-work requirements. “These amendments are a rare example of changes that…

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84% of employers say they’re concerned about a retirement income crisis: survey

As a majority (84 per cent) of Canadian employers say they’re concerned about an emerging retirement income crisis, they also agree that, without access to…

  • By: Staff
  • October 31, 2023 October 30, 2023
  • 09:00
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Survey finds 74% of workers say it’s important for employers to offer retirement savings options

Roughly three-quarters (74 per cent) of Canadian employees say it’s important for their employer to offer a retirement savings option, according to the latest mental-health…

  • By: Staff
  • October 30, 2023 October 30, 2023
  • 15:00

Ontario’s guidance for target-benefit MEPPs undermines incentives for plan sponsors: ACPM

The Ontario Ministry of Finance’s proposed guidance for multi-employer target-benefit pension plans undermines incentives for employers to contribute towards their employees’ retirement savings, including cost certainty,…

  • By: Staff
  • October 30, 2023 November 2, 2023
  • 09:00

BNP Paribas wins award for DEI-focused workplace culture, inclusion strategy

BNP Paribas in Canada’s extensive efforts to embed diversity, equity and inclusion policies into its business practices took home the award in the DEI program category…

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Normandin Beaudry partnering with MBWL International to expand cross-border reach

Normandin Beaudry is partnering with MBWL International, a joint venture between U.K.-based Barnett Waddingham, U.S.-based Milliman Inc. and Germany-based Lurse. This new partnership will enable…

  • By: Staff
  • October 27, 2023 October 27, 2023
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article announcing the winners of Benefits Canada‘s 2023 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…

  • By: Staff
  • October 27, 2023 October 26, 2023
  • 09:00

Lululemon’s retirement savings plans, financial literacy initiatives lead to award win

Lululemon Athletica Inc.’s extensive financial wellness offerings led to a win at Benefits Canada‘s 2023 Workplace Benefits Awards on Oct. 20. The apparel company won in the Financial…

  • By: Sadie Janes
  • October 27, 2023 October 26, 2023
  • 09:00

Finance ministers to meet on Alberta’s proposal to leave Canada Pension Plan

Finance Minister Chrystia Freeland has agreed to convene a meeting with provincial and territorial finance ministers to discuss Alberta’s proposal to withdraw from the Canada…

How Texas’ Teacher Retirement System is incorporating AI into pension governance

While artificial intelligence represents a new cornerstone for institutional investors’ operational tasks, corporate governance will be essential to ensure the risks are properly managed, according…

Caisse pledging to allocate up to $8BN to Quebec managers by 2028

The Caisse de dépôt et placement du Québec is aiming to more than double the size of the assets it entrusts to Quebec external managers to…

  • By: Staff
  • October 26, 2023 October 25, 2023
  • 11:00

Dalhousie University providing menopause-inclusive workplace through support group, manager training

Dalhousie University is ensuring a menopause-inclusive workplace by offering resources such as a monthly support group for employees and manager training. “We took a leap…

Flight Centre lands win for monthly wellness challenges, health programs for hybrid, remote employees

Flight Centre Travel Group’s holistic approach to employee wellness resulted in a win at Benefits Canada’s 2023 Workplace Benefits Awards on Oct. 20. The company…

  • By: Blake Wolfe
  • October 26, 2023 October 24, 2023
  • 09:00

Market share of responsible investing AUM increases to 49% in 2023: report

The market share of responsible investment assets under management rose slightly in 2022, from 47 per cent to 49 per cent, even as AUM in…

  • By: Staff
  • October 26, 2023 October 25, 2023
  • 09:00
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Saskatchewan Pension Plan expanding variable benefits to all members

The Saskatchewan Pension Plan is expanding its variable benefit option to all retiring plan members across Canada. The option, which was previously only available to…

  • By: Staff
  • October 25, 2023 October 25, 2023
  • 15:00
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Bank of Canada holds key interest rate at 5%, keeps door open to more rate hikes

The Bank of Canada held its key interest rate steady at five per cent, but hasn’t ruled out future rate hikes as price pressures remain…

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Survey finds U.S. employers are targeting health-care costs, mental health for 2024

More than two-thirds (69 per cent) of U.S. employers say they’re focused on managing health-care plan costs, following a projected cost increase of 6.4 per…

  • By: Staff
  • October 25, 2023 October 24, 2023
  • 09:00

CAA Club Group’s enhanced health benefits, wellness app leads to award win

CAA Club Group’s commitment to supporting employee health and wellness led to a win in the Health/wellness program category for employers with more than 1,000…

  • By: Blake Wolfe
  • October 25, 2023 October 24, 2023
  • 09:00