Latest news in Benefits Canada News

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60% of global DC pension plan members say inflation impacting retirement plans: survey

Nearly two-thirds (60 per cent) of global defined contribution pension plan members say they’re thinking differently about retirement amid rising inflation, according to a new survey…

  • By: Staff
  • October 24, 2023 October 24, 2023
  • 15:00

IMCO joining network of employee ownership coalition

The Investment Management Corp. of Ontario is joining Ownership Works, a non-profit organization dedicated to implementing broad-based employee ownership programs, as a founding investor partner.…

  • By: Staff
  • October 24, 2023 October 24, 2023
  • 11:00

40% of Canadian employers offering higher starting salaries amid hiring challenges: survey

The majority (92 per cent) of Canadian employers say they face challenges hiring skilled talent and 40 per cent say they plan to increase starting…

  • By: Staff
  • October 24, 2023 October 23, 2023
  • 09:00
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CPPIB reports $79BN exposure to green and transition assets

The Canada Pension Plan Investment Board says it will meet its goal of holding $130 billion in green and transition assets by 2030, according to…

  • By: Staff
  • October 24, 2023 October 23, 2023
  • 09:00

Lululemon wins award for holistic absence management programs

Lululemon Athletica Inc.’s holistic approach to absence management led to a win at Benefits Canada’s 2023 Workplace Benefits Awards on Oct. 20. The apparel company won in the…

  • By: Sadie Janes
  • October 24, 2023 October 23, 2023
  • 09:00
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Georgia to pay for gender affirmation care for public employees

The state of Georgia will start paying for gender affirmation care for state employees, public school teachers and former employees covered by a state health…

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Survey finds 32% of U.S. institutional investors increasing allocations to private assets

Nearly a third (32 per cent) of U.S. institutional investors say they plan to increase their private asset allocations over the next two years, primarily…

  • By: Staff
  • October 23, 2023 October 19, 2023
  • 09:00

Who are the winners of the 2023 Workplace Benefits Awards?

Benefits Canada is proud to announce the winners of the 2023 Workplace Benefits Awards. The awards, which were presented at the end of the 2023 Healthy…

57% of U.S. workers experiencing some level of burnout: survey

More than half (57 per cent) of U.S. workers say they’re currently experiencing at least moderate levels of burnout, according to a new report by…

  • By: Staff
  • October 20, 2023 October 19, 2023
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on how flexible dress codes can support diversity, equity and inclusion was the most-read story on BenefitsCanada.com over the last week. Here are the five…

  • By: Staff
  • October 20, 2023 October 19, 2023
  • 09:00

How employers can promote employee health during flu season

The option to work remotely can help employees get through flu season, but employers also need to ensure no one pushes themselves to work while…

  • By: Sadie Janes
  • October 20, 2023 October 19, 2023
  • 09:00
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36% of U.S. employers disclosing individual pay ranges to employees: survey

More than a third (36 per cent) of U.S. employers say they disclose individual pay ranges to employees and nearly half (46 per cent) are…

  • By: Staff
  • October 20, 2023 October 19, 2023
  • 09:00

BCI acquiring U.S. fiber communications provider

The British Columbia Investment Management Corp. is acquiring U.S.-based fiber communications solutions provider Consolidated Communications Holdings Inc. in a joint transaction with private investment firm…

  • By: Staff
  • October 19, 2023 October 19, 2023
  • 11:00
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Trudeau chides Smith for Alberta pension-exit debate, promises to defend stability of CPP

Prime Minister Justin Trudeau entered the Alberta pension-exit debate Wednesday, saying the federal government will fight any threat to the stability of the Canada Pension…

What do historically low interest rates mean for DB pension de-risking?

Climate, cybersecurity risks increasing for federally regulated pension plans: OSFI outlook

Climate and cybersecurity are the leading risk factors concerning Canadian pension plan administrators, according to a pension lawyer. Susan G. Seller, a pension and benefits…

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Canada’s retirement system ranks No. 12 out of 47 countries but has room for improvement: report

Canada’s retirement system ranks No. 12 out of 47 countries but has room for improvement amid a challenging economy and ageing population, according to a…

  • By: Staff
  • October 19, 2023 October 18, 2023
  • 09:00

Gen Z workers want to retire at 61, but 99% facing obstacles to saving for retirement: survey

While U.S. generation Z workers want to retire at age 61, 99 per cent of these employees say they’re facing obstacles to saving for a…

  • By: Staff
  • October 19, 2023 October 18, 2023
  • 09:00

Iversoft appointing Steph Barlow as chief people officer

Iversoft is appointing Steph Barlow to the role of chief people officer. Barlow joined the Ottawa-based organization in 2017 as people and culture specialist and…

  • By: Staff
  • October 18, 2023 October 18, 2023
  • 15:00

National pharmacare program will cost $40BN annually with shift of $14BN in private insurance

The Parliamentary Budget Office is confirming the insurance industry’s projection that a single-payer model of national pharmacare program will cost $40 billion annually as a result…

  • By: Staff
  • October 18, 2023 October 17, 2023
  • 09:00

2023 Risk Management Conference: How UPP is focusing on active investing in its climate action plan

During the launch of the University Pension Plan, Barbara Zvan, its president and chief executive officer, knew getting to know the plan’s members was vital to its…

Average DB pension plan returns -3.8% in September: report

The funded position of a typical Canadian defined benefit pension plan increased on a solvency and an accounting basis as of Sept. 30, according to…

  • By: Staff
  • October 17, 2023 October 17, 2023
  • 11:00
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With Ford, GM employees set to join CAAT’s DBplus pension, what’s next for U.S. auto workers?

While U.S. auto workers would like to see their pension plans converted from defined contribution to defined benefit, it may be more challenging than it…

  • By: Joe Hornyak
  • October 17, 2023 October 17, 2023
  • 11:00

66% of employees with health benefits report good overall well-being: survey

Two-thirds of (66 per cent) of Canadian employees who have employer-provided health benefits say their overall well-being is good or excellent, compared to fewer than…

  • By: Staff
  • October 17, 2023 October 18, 2023
  • 09:00

How employers can support ergonomics, reduce chronic pain amid return to office

Employers can support ergonomics by maintaining a proper workstation, providing education and offering proper paramedical coverage, says Dr. Crystal Draper, senior manager of professional practice…

  • By: Sadie Janes
  • October 17, 2023 October 16, 2023
  • 09:00

Survey finds 34% of employees in Canada willing to switch jobs in the next year

A third (34 per cent) of employees say they’re willing to change jobs in the next 12 months, according to a new survey by EY. The…

  • By: Staff
  • October 17, 2023 October 16, 2023
  • 09:00