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Sears Canada seeking to suspend special payments as pension found to be 81% funded

Sears Canada seeking to suspend special payments as pension found to be 81% funded

Facing a monthly obligation to put $3.7 million a month into its pension plan to make up for a funding shortfall, Sears Canada Inc. is…

  • By: Staff
  • June 23, 2017 September 13, 2019
  • 10:05
Employers urged to address ‘serious public health issue’ of poor sleep

Employers urged to address ‘serious public health issue’ of poor sleep

While employees with poor sleep habits are more likely to see an impact on their work, treatment can make a significant difference to their quality…

Home Capital to pay $1.65B owed to HOOPP from Buffett loan

Home Capital to pay $1.65B owed to HOOPP from Buffett loan

Home Capital Group Inc. will end its $2-billion credit agreement with the Healthcare of Ontario Pension Plan just months after it entered into the deal…

  • By: Staff
  • June 22, 2017 September 13, 2019
  • 14:35
Medavie Blue Cross adds smoking-cessation services to chronic disease benefit

Medavie Blue Cross adds smoking-cessation services to chronic disease benefit

Medavie Blue Cross is adding heart health and smoking-cessation services to its extended health benefit designed to help manage chronic disease. The health benefit already…

  • By: Staff
  • June 22, 2017 September 13, 2019
  • 14:35
Employers must prepare for retirees’ ‘encore’ careers

Employers must prepare for retirees’ ‘encore’ careers

Over the next decade, employers will have to create workplace programs that recognize employees’ careers beyond retirement, speakers on a panel at an event in…

Deadline coming fast for Workplace Benefits Awards

Deadline coming fast for Workplace Benefits Awards

Does your absence management strategy, pension plan or health and wellness program deserve to be recognized? Benefits Canada’s annual Workplace Benefits Awards is now open…

  • By: Staff
  • June 21, 2017 September 13, 2019
  • 20:16
B.C. benefits trust successful in double-dipping case

B.C. benefits trust successful in double-dipping case

When it comes to wage indemnity benefits, employees can’t double-dip even if they’ve been successful in a human rights case, the Supreme Court of British…

Sears faces $300M retirement benefit shortfall as retailer seeks CCAA protection

Sears faces $300M retirement benefit shortfall as retailer seeks CCAA protection

While Sears Canada Inc. shareholders deal with stock losses as the company moves to file for bankruptcy protection, pension plan members and retirees face worries over…

  • By: Staff
  • June 21, 2017 September 13, 2019
  • 20:11
Doctor shopping for erectile dysfunction drugs cited in new report on Toronto benefits plan

Doctor shopping for erectile dysfunction drugs cited in new report on Toronto benefits plan

The City of Toronto’s auditor general is raising yet more concerns about benefits fraud after discovering employees may have shopped around for doctors to get…

  • By: Staff
  • June 21, 2017 September 13, 2019
  • 10:25
City of Saskatoon thwarted in bid to pay administration costs from pension plan

City of Saskatoon thwarted in bid to pay administration costs from pension plan

The City of Saskatoon’s failed attempt to unilaterally change the terms of its pension plan has produced an arbitration ruling that will likely make it…

Status of QPP ‘frustrating for everybody’ one year after CPP deal

Status of QPP ‘frustrating for everybody’ one year after CPP deal

While today marks the one-year anniversary of Ottawa reaching an agreement with most of the provinces to expand the Canada Pension Plan, the future of…

  • By: Jann Lee
  • June 21, 2017 September 13, 2019
  • 08:45
Alternative investing requires more transparency: survey

Alternative investing requires more transparency: survey

Though alternative investing has become more mainstream, best practices around transparency requirements are lagging behind demand, according to a new survey by Northern Trust. The…

  • By: Staff
  • June 21, 2017 September 13, 2019
  • 08:15
Ontario Teachers’ to acquire equity interest in global HR company

Ontario Teachers’ to acquire equity interest in global HR company

The Ontario Teachers’ Pension Plan Board is acquiring a majority of the outstanding equity interests in global human resources company CareerBuilder. The proposed transaction, which…

  • By: Staff
  • June 20, 2017 September 13, 2019
  • 14:30

Young Canadian employees have lowest levels of well-being: report

Among working generations of Canadians, employees aged 20 to 29 have the lowest general well-being, reporting a score of 46.9 out of 100, according to…

  • By: Staff
  • April 25, 2024 April 24, 2024
  • 09:00

73% of OPB plan members want ESG considerations included in investment decisions: survey

Roughly seven in 10 (73 per cent) Ontario Pension Board plan members believe environmental, social and governance factors should play a critical role in the…

  • By: Staff
  • April 25, 2024 April 24, 2024
  • 09:00

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…

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