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Central banks have pulled the trigger. Now what?

Central banks have pulled the trigger. Now what?

After a week that saw coronavirus worries wallop equity markets into correction territory, the U.S. Federal Reserve announced a 0.5 per cent rate cut on…

B.C. introducing legislation for paid domestic, sexual violence leave

British Columbia is tabling legislation that would grant up to five days of paid leave for workers affected by domestic or sexual violence. The leave…

  • By: Staff
  • March 4, 2020 November 23, 2020
  • 09:45
IBM Canada investing in local CSR programs

IBM Canada investing in local CSR programs

In the war for talent, corporate social responsibility programs are another weapon companies can wield to attract and retain staff, says Jennifer Roynon, corporate social…

Institutional investors planning to allocate more to private assets: survey

Institutional investors planning to allocate more to private assets: survey

Close to a quarter (23 per cent) of institutional investors said they plan to reduce their cash balances, according to a new survey by BlackRock…

  • By: Staff
  • March 3, 2020 November 12, 2020
  • 15:45
CPPIB among investors in U.S. autonomous driving company

CPPIB among investors in U.S. autonomous driving company

The Canada Pension Plan Investment Board is among a group of organizations participating in the first external investment round for Waymo, a California-based autonomous driving technology…

  • By: Staff
  • March 3, 2020 November 12, 2020
  • 15:15
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Virus spread prompts Fed to slash rates in surprise move

In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizeable half-percentage point Tuesday in an effort to support the economy…

Scotiabank expanding parental leave top-up, adding virtual health care

Scotiabank is expanding its maternity and parental leave top-up pay for Canadian employees and providing access to a virtual health-care program. Eligible employees will receive…

  • By: Staff
  • March 3, 2020 November 23, 2020
  • 09:15
Arbitration clause doesn’t offend employment standards legislation, rules B.C. court

Arbitration clause doesn’t offend employment standards legislation, rules B.C. court

The British Columbia Supreme Court has ruled that a clause in an employment agreement mandating arbitration as a way of resolving wrongful dismissal disputes doesn’t…

PSP part of consortium taking majority stake in video-telematics company

PSP part of consortium taking majority stake in video-telematics company

The Public Sector Pension Investment Board, along with a consortium of other investors, is acquiring a majority stake in Lytx Inc., a video-telematics company. The…

  • By: Staff
  • March 2, 2020 November 12, 2020
  • 15:30
Ontario Teachers’ appoints new board member

Ontario Teachers’ appoints new board member

The Ontario Teachers’ Pension Plan is appointing Cindy Forbes to its board, effective immediately. Currently, Forbes is global chief analytics officer at Manulife Financial Corp.…

  • By: Staff
  • March 2, 2020 November 12, 2020
  • 15:15

Morneau Shepell selling benefits consulting business to Hub

Morneau Shepell Ltd. is selling its benefits consulting business to Hub International Ltd. The benefits component of Morneau Shepell’s consulting business, which represents about three…

  • By: Staff
  • March 2, 2020 November 23, 2020
  • 09:55
City of Vancouver uses anti-bullying day to promote respectful workplace conduct

City of Vancouver uses anti-bullying day to promote respectful workplace conduct

While Pink Shirt Day started in elementary schools as a way to take a stand against bullying, the City of Vancouver uses the day to encourage a…

SHARE, Groupe Investissement Responsable launching Canadian proxy voting company

Ontario Teachers’ appoints new board member

Cindy Forbes is joining the board of the Ontario Teachers’ Pension Plan effective immediately. Currently, Forbes is the global chief analytics officer for Manulife Financial…

  • By: Staff
  • March 2, 2020 December 13, 2020
  • 09:28

Canada Life facing gov’t financial sanctions following delayed benefits access for public employees

The federal government has begun imposing financial sanctions on the Canada Life Assurance Co. after months of outcry from public servants, retirees and their families who…

  • By: Staff
  • May 3, 2024 May 3, 2024
  • 15:00

ESG standards helping institutional investors realize positive annualized returns: study

Environmental, social and governance standards have helped investors generate positive annualized returns, with environmental investments leading the pack globally, according to a new study from…

  • By: Staff
  • May 3, 2024 May 3, 2024
  • 15:00

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

A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

CPPIB sells 2.78% stake in India logistics firm

The Canada Pension Plan Investment Board is selling 2.78 per cent of its stake in India-based supply chain and logistics operator Delhivery Ltd. The total…

  • By: Staff
  • May 1, 2024 May 1, 2024
  • 15:00

Funded ratio of 100 largest U.S. corporate DB pension plans declines to 98.4% in fiscal 2023: report

The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according…

  • By: Staff
  • May 1, 2024 April 30, 2024
  • 09:00

Expert panel: Have hedge funds budged on hurdle rates?

Even though it has been two years since the U.S. Federal Reserve started rapidly hiking interest rates, hedge fund managers aren’t more likely to have…