The Ontario government has introduced a bill that, if passed, will enact several changes to the Pension Benefits Act. “This is a significant step,” says Stephanie…
For nearly 20 years, strong demand for office properties in major city centres around the world drove a lot of the total returns from real estate…
The Financial Services Commission of Ontario has appointed Morneau Shepell Ltd. to take over the continuing administration of Stelco Inc.’s five existing defined benefit pension plans as…
ArcelorMittal Dofasco, ESIT Advanced Solutions Inc. and Toronto-Dominion Bank are among the companies named as top employers for Canadians over 40. The 2018 list, part…
With Amazon.com Inc.’s Alexa service and related devices to be available in Canada in December, Manulife Financial Corp. has developed a capability for the voice-activated digital…
Great-West Life Assurance Co. has partnered with digital health-care provider Dialogue to offer its virtual health-care platform as part of its group benefits plans. The platform, which can…
Over the past 10 years, assets in pension plans registered in Alberta have reached $54 billion, an increase of 149 per cent, according to a new…
Ontario’s fall economic statement confirmed a number of previously announced frameworks for the province’s pension, health-care and employment programs, including a look at addressing decumulation. The…
Nearly half (49 per cent) of Canadians don’t consider an inheritance part of their long-term financial future, according to a new survey by investment firm Edward…
The Toronto Transit Commission condoned the benefits fraud involving millions of dollars for orthopedic claims, the union representing workers is arguing in a number of…
How private debt has evolved post-2008.
Amidst rising populism, the realities of labour will keep people moving across borders.
Bond yields are likely to remain low in light of the Bank of Canada’s wait-and-see-approach in its October interest rate decision, says CIBC Asset Management Inc.’s Patrick…
Ontario will do away with sick note requirements for short absences as part of a larger effort to ease the administrative burden on doctors. The…
An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…
In 2023, diabetes medications remained the leading drug category for eligible private insurance claims for the second consecutive year, according to Telus Health’s annual drug…
The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from…
Renowned American businessman and investor Charlie Munger once said, “You have to keep learning if you want to become a great investor. When the world…
The funded ratio of the average Canadian defined benefit pension plan, excluding the effect of asset smoothing, reached 124 per cent as at March 31,…