Latest news in Benefits Canada News

Alberta rules out Quebec pension model despite promise to wait for public feedback

Finance Minister Nate Horner says if Alberta abandons the Canada Pension Plan to run its own stand-alone fund, it will not adopt Quebec’s model, which…

71% of Canadian women say inflation is impacting their mental health: survey

Nearly three-quarters (71 per cent) of women say financial struggles due to inflation are impacting their mental health and finances are becoming more of a…

  • By: Staff
  • October 16, 2023 October 13, 2023
  • 09:00
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Women holding more board seats, but overall diversity still lagging: report

Among Canadian companies providing disclosure for 2023, women held 29 per cent of board seats, up from 26 per cent in 2022, according to Osler…

  • By: Staff
  • October 16, 2023 October 13, 2023
  • 09:00
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Survey finds 66% of asset owners increasing allocations to private markets

Two-thirds (66 per cent) of large institutional asset owners say they plan to increase their allocations to private markets over the coming year, according to…

  • By: Staff
  • October 13, 2023 October 13, 2023
  • 15:00

How flexible dress codes can support DEI amid post-pandemic return to office

As more employees return to the office following the coronavirus pandemic, a one-size-fits-all approach to dress codes no longer works, says Farzeen Mawji, national practice…

  • By: Sadie Janes
  • October 13, 2023 October 13, 2023
  • 09:00
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Canada among top countries for work-life balance: report

Canada ranks No. 9 among the top 10 countries with the best work-life balance, according to a new report by Remote Technology Inc. The report…

  • By: Staff
  • October 13, 2023 October 12, 2023
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on the Association of Canadian Pension Management’s response to the Canadian Association of Pension Supervisory Authorities’ draft risk management guideline was the most-read story…

  • By: Staff
  • October 13, 2023 October 12, 2023
  • 09:00

Editorial: Weighing the benefits of participation in a multi-employer pension plan

Whether it’s in the magazine, on the website or at our various defined contribution pension plan events, Benefits Canada is regularly writing about how DC plans are…

Head to head: Is ROI the responsibility of HR or finance?

While one human resources professional says HR has the greatest impact on return on investment, the other says it’s a shared responsibility and a stronger…

How Redbrick’s flexible holiday policy is supporting employee well-being, workplace DEI goals

While Canadian culture has long been described as a mosaic, employers’ holiday policies are more likely to tie statutory holidays to Christian celebrations than reflect…

  • By: Blake Wolfe
  • October 13, 2023 October 12, 2023
  • 08:57

2023 Top 50 DC Plans Report: Unleashing the power of multi-employer pension plans

Increased volatility, stubborn inflation and erratic interest rates are making for financially uncertain times, where it can be more reassuring to seek safety in shared…

How are institutional investors considering alternative credit amid rising interest rates?

While the University of British Columbia’s staff pension plan already boasts a sizable investment in alternative credit, it still has room for more. “Overall, we…

  • By: Blake Wolfe
  • October 13, 2023 October 12, 2023
  • 08:55

Sustainable investments key for York University’s endowment fund

According to York University’s Arijit Banik, there’s only one way forward for environmental, social and governance standards: it’s time for an evolution. The treasurer responsible…

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Ontario Teachers’ adding partner to oversee container company, Caisse water solutions investment going private

The Ontario Teachers’ Pension Plan is partnering with an infrastructure investment company to oversee its container firm SeaCube Container Leasing. The pension fund will enter…

  • By: Staff
  • October 12, 2023 October 11, 2023
  • 11:00
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FSRA pension plan administration guidance requires clarity, consistency, says ACPM

The Financial Services Regulatory Authority of Ontario’s proposed guidance on pension plan administrator roles and responsibilities requires more clarity and consistency, according to the Association…

  • By: Staff
  • October 12, 2023 October 11, 2023
  • 09:00

60% of employees willing to take pay cut in exchange for flexible, remote working: survey

Sixty per cent of Canadian employees say they’d be willing to accept a lower salary in exchange for flexible working hours or a remote working…

  • By: Staff
  • October 12, 2023 October 11, 2023
  • 09:00
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California workers will get five sick days under new law

Workers in California will soon receive a minimum of five days of paid sick leave annually, instead of three. The new law, which takes effect in January,…

Latest GM Canada, Unifor deal includes DB pension changes, benefits enhancements

Canadian auto workers, GM reach tentative contract agreement, mirroring Ford deal

General Motors and the union representing Canadian auto workers reached a tentative contract agreement Tuesday, ending a strike that began just after midnight. About 4,300…

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74% of U.S. employers increasing benefits, compensation communications: survey

Three-quarters (74 per cent) of U.S. employers say they increased their communications about compensation and benefits in 2023, according to a new survey by Arthur J.…

  • By: Staff
  • October 11, 2023 October 10, 2023
  • 09:00
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Canadian equities still ahead of bond market despite early losses in October

Canadian institutional investors are still in a sweet spot with the relationship between stocks and bonds in 2023, despite a difficult start to October for…

B.C. Municipal Pension Plan appointing Chelsea Kittleson as executive director

The British Columbia Municipal Pension Plan is appointing Chelsea Kittleson as executive director, effective Nov. 15, 2023. She joins the pension plan from the British…

  • By: Staff
  • October 10, 2023 October 6, 2023
  • 11:00

Thomson Reuters supporting employee mental health with resources, education sessions

Thomson Reuters Corp. is supporting employee mental health by creating opportunities for workers to connect with each other and highlighting resources to support mental health…

  • By: Sadie Janes
  • October 10, 2023 October 6, 2023
  • 09:00
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67% of asset owners say ESG factors increasingly material to investment policy: survey

Two-thirds (67 per cent) of institutional asset owners believe environmental, social and governance factors have become more material to investment policies in the past five…

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