Latest news in Benefits Canada News

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

An article on how employers can support workers’ savings amid the rising cost of living was the most-read story on BenefitsCanada.com over the last week. Here…

  • October 6, 2023 October 5, 2023
  • 09:00
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CAPSA pension risk management guideline too divergent, says ACPM

The Canadian Association of Pension Supervisory Authorities’ draft guideline for pension plan risk management covers too many topics and audiences, limiting its practical applicability, according…

  • By: Staff
  • October 6, 2023 October 5, 2023
  • 09:00
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Just 20% of U.S. workers feel connected to their organization’s culture: survey

Just two in 10 (roughly 20 per cent) U.S. employees strongly agree they’re connected to their organization’s culture, according to a new survey by Workhuman…

  • By: Staff
  • October 5, 2023 October 5, 2023
  • 15:00

Study finds institutional investors are most concerned about geopolitics and inflation

More than half of global institutional investors are worried about the ongoing effects geopolitical risk (55 per cent) and rising inflation (53 per cent) will…

  • By: Staff
  • October 5, 2023 October 4, 2023
  • 11:00

Survey finds majority of employers say attraction, retention increasingly impacting total rewards decisions

Amid a challenging labour market, Canadian employers say attraction (64 per cent) and retention (57 per cent) are the top challenges impacting total rewards decisions,…

IMCO committing 20% of its portfolio to climate solutions by 2030

The Investment Management Corp. of Ontario is allocating 20 per cent of its portfolio to climate solutions by 2030, aiming to reduce its carbon emissions…

  • By: Staff
  • October 5, 2023 October 5, 2023
  • 09:00

80% of SME workers consider benefits before accepting new role: survey

The majority (80 per cent) of Canadian employees say they consider a small- and medium-sized employer’s health benefits before accepting a new role and 73 per cent…

  • By: Staff
  • October 5, 2023 October 6, 2023
  • 09:00
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Majority of U.S. DB pension plan sponsors expect to divest liabilities over next 4 years: survey

Nine in 10 (89 per cent) U.S. defined benefit pension plan sponsors say they’re expecting to completely divest their plan liabilities in roughly four years,…

  • By: Staff
  • October 4, 2023 October 4, 2023
  • 15:00
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Employers play crucial role in supporting employees’ savings amid rising cost of living: expert

As Canadians struggle to save amid the rising cost of living, employers play a crucial role in facilitating savings options for their employees, says Doug Crowe, vice-president…

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Institutional investors must evolve green asset review processes as interest in transition assets grow

As institutional investors become increasingly interested in assets supporting the energy transition, they must evolve their assessment processes in order to meet new standards, according…

BCI investing in new loan operator, Canadian pension-backed Swedish battery maker to open facility in Quebec

The British Columbia Investment Management Corp. is part of an investing group backing a new financial operator from Centerbridge Partners and Wells Fargo & Co.…

  • By: Staff
  • October 3, 2023 October 2, 2023
  • 11:00

Median solvency ratio of Canadian DB pension plans up in Q3: reports

The median solvency ratio of defined benefit pension plans in Canada increased during the third quarter of 2023, according to separate reports from Mercer and Aon.…

  • By: Staff
  • October 3, 2023 October 3, 2023
  • 11:00

Just 17% of workers aged 50+ confident they can maintain a comfortable lifestyle in retirement: survey

Only 17 per cent of U.S. employees aged 50-plus and 23 per cent of retirees are very confident they’ll be able to maintain a comfortable…

  • By: Staff
  • October 3, 2023 October 2, 2023
  • 09:00

Walmart Canada supporting employee enrichment, well-being by covering education costs

Walmart Canada is supporting employees’ ongoing education by covering the cost of tuition, books and course fees for programs at some of Canada’s top universities.…

Study finds full integration of sustainable investing expected to surge in next five years

As sustainable investing continues to gain widespread acceptance among institutional investors, full integration is projected to surge in the next five years, according to a…

  • By: Staff
  • October 3, 2023 October 2, 2023
  • 09:00

Average cost of employer-sponsored health benefits expected to decline to 5% in 2024: report

The average cost of employer-sponsored health benefits in Canada is expected to decline to five per cent in 2024, down from 7.5 per cent in 2023,…

  • By: Staff
  • October 2, 2023 October 4, 2023
  • 15:00

Survey finds a third of Canadian workers finding cost a barrier to accessing mental-health support

A third (32 per cent) of Canadian employees say cost/affordability is the top barrier to getting mental-health support, according to the latest mental-health index by…

  • By: Staff
  • October 2, 2023 October 1, 2023
  • 09:00
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92% of LGBTQ2S+ workers consider company’s inclusion reputation when job searching: survey

The vast majority (92 per cent) of global LGBTQ2S+ employees say they consider potential employers’ reputations around LGBTQ2S+ inclusion when searching for a job, according…

  • By: Staff
  • October 2, 2023 September 28, 2023
  • 09:00

Report finds employees less likely to say employer making positive changes to support mental health in 2023

While employees’ overall view of their employer’s workplace mental-health efforts are on the rise, workers were 49 per cent less likely to say their employer…

  • By: Staff
  • September 29, 2023 September 27, 2023
  • 15:00

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

An article on the new agreement between Ford of Canada and Unifor was the most-read story on BenefitsCanada.com over the last week. Here are the five most…

  • By: Staff
  • September 29, 2023 September 28, 2023
  • 09:00

Truth and Reconciliation: KPMG in Canada focusing on education, recruitment efforts

KPMG in Canada is marking the National Day for Truth and Reconciliation by educating employees and employer clients on issues impacting Indigenous Canadians. The organization…

  • By: Blake Wolfe
  • September 29, 2023 September 28, 2023
  • 09:00
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Canadian insurers paid out record $114BN in health, retirement benefits in 2022: CLHIA

Canada’s life and health insurers paid out a record $114 billion in health and retirement benefits last year, up $11 billion since before the coronavirus…

  • By: Staff
  • September 29, 2023 September 28, 2023
  • 09:00
Caisse investing in U.S.-based fintech company

Caisse adds exposure to fintech, CPPIB and BCI-owned grain company acquisition to be reviewed

The Caisse de dépôt et placement du Québec is increasing its exposure to fintech opportunities. The investment organization was among investors in a $71 million…

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Canadian institutional investors monitoring dispute with India

Canadian institutional investments in India could cool down if escalation between the two countries continues, according to a trade and investment lawyer. John Boscariol, a…

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Competitive pension risk transfer costs climb from 100.2% to 100.5% in August: report

The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process increased from 100.2 per cent of a plan’s accounting…

  • By: Staff
  • September 28, 2023 September 27, 2023
  • 10:30