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New N.B. public pension investment manager returns 6.2% in 2016

New N.B. public pension investment manager returns 6.2% in 2016

Vestcor Investment Management Corp. has posted a 6.16 per cent overall investment return for the year ending Dec. 31, 2016. Formerly known as the New…

  • By: Staff
  • August 23, 2017 September 13, 2019
  • 09:00
CPP at age 65 is affordable, for now

CPP at age 65 is affordable, for now

Employees’ retirement plans are affected by how long they stay in the workforce. Whether or not they work past 65 often depends on government policy,…

Workers would take pay cut, reduced vacation to work flexibly: survey

Workers would take pay cut, reduced vacation to work flexibly: survey

Nearly a third (29 per cent) of employees would take a pay cut to work flexibly, while 22 per cent would take reduced vacation time…

  • By: Staff
  • August 23, 2017 September 13, 2019
  • 09:00
Cubic Health appoints new VP of benefit plan solutions

Cubic Health appoints new VP of benefit plan solutions

Cubic Health Canada Inc. has appointed Ellen Brooks as vice-president of benefit plan solutions. In the new role, Brooks will be responsible for helping the…

  • By: Staff
  • August 23, 2017 September 13, 2019
  • 08:45
Caisse acquires Quebec-based packaging company

Caisse acquires Quebec-based packaging company

The Caisse de dépôt et placement du Québec has acquired Gelpac Inc., a manufacturer of packaging solutions for industrial products and consumer goods. Based in…

  • By: Staff
  • August 23, 2017 September 13, 2019
  • 08:00
Have your say: Are public pension plans positive for taxpayers?

Have your say: Are public pension plans positive for taxpayers?

Public pension plans have received flak over the years, with critics calling for greater transparency around liabilities and fairness for taxpayers. The Canadian Federation of…

  • By: Staff
  • August 22, 2017 September 13, 2019
  • 09:54
Latin America remains attractive for investment despite political uncertainty

Latin America remains attractive for investment despite political uncertainty

Despite political troubles in Venezuela and Brazil, Latin America’s economy is a broadly positive story with small pockets of unrest, according to Jim Barrineau, co-head…

Ontario Teachers’ invests in U.S. wood-fire grill company

Ontario Teachers’ invests in U.S. wood-fire grill company

As barbecue season continues in full swing, the Ontario Teachers’ Pension Plan has announced its involvement in an investment in a U.S.-based wood-fired grill company.…

  • By: Staff
  • August 21, 2017 September 13, 2019
  • 17:00
Mental-health first aid training targets rising disability concerns in electricity sector

Mental-health first aid training targets rising disability concerns in electricity sector

With mental health as an aspect of workplace disability on the rise in the electricity sector, Electricity Human Resources Canada has introduced an online portal…

New DC-style benefits platform available to employers, advisors

New DC-style benefits platform available to employers, advisors

Benecaid Health Benefits Solutions Inc. is introducing a new online health benefits platform this month. The online app, Honeybee, allows employers to offer their health…

  • By: Jann Lee
  • August 21, 2017 September 13, 2019
  • 09:30
CLHIA calls for further action following release of Alberta dental fee guide

CLHIA calls for further action following release of Alberta dental fee guide

While the new Alberta dental fee guide published last week is a “step in the right direction,” more changes are required to bring dental fees…

  • By: Staff
  • August 21, 2017 September 13, 2019
  • 09:00
Number of OAS beneficiaries to swell as boomers reach retirement

Number of OAS beneficiaries to swell as boomers reach retirement

The coming retirement of the baby-boomer generation will have a hefty impact on Canada’s old-age security program, according to the latest actuarial report by the Office…

  • By: Staff
  • August 18, 2017 September 13, 2019
  • 10:54
CPPIB to acquire stake in large U.S. power generator

CPPIB to acquire stake in large U.S. power generator

The Canada Pension Plan Investment Board is acquiring a stake in an independent power generator in the United States for $949 million. The CPPIB is…

  • By: Staff
  • August 18, 2017 September 13, 2019
  • 10:40

Ontario to do away with sick note requirement for short absences

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…

  • By: Staff
  • April 24, 2024 April 24, 2024
  • 15:00

Ontario court sides with IBM in pension benefits rectification case

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…

Diabetes medications remain leading drug category for eligible claims in 2023: report

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…

  • By: Staff
  • April 24, 2024 April 23, 2024
  • 09:00

WISE Trust returns 7.9% in 2023, net assets increase to $4 billion

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…

  • By: Staff
  • April 23, 2024 April 23, 2024
  • 15:00

Expert panel: How institutional investors are adapting to a post-pandemic global economy

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…

Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report

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,…

  • By: Staff
  • April 23, 2024 April 22, 2024
  • 09:00