Overall prescription medication costs for Canada’s public drug plans rose by 9.9 per cent in 2015-16, according to a new report by the Patented Medicine…
Asset owners increase exposure to factors.
Co-operators Life Insurance Co. has enlisted group benefits provider Medavie Blue Cross to administer its existing and future group benefits policies in Quebec. The partnership…
Caisse de dépôt et placement du Québec is one of three equity investors funding Quebec-based IPL Inc.’s acquisition of California-based Macro Plastics Inc. for US$150…
Ontario’s Workplace Safety and Insurance Board spent 33 per cent less on prescription drugs in 2015 than it did in 2010. The board has claimed the…
Modern defined benefit pension plans provide the retirement income security Canadians want with the stable and predictable costs that employers desire. And, with recent changes,…
Canadian employees continue to find it difficult to disconnect from the office when they’re on vacation, according to new research by staffing firm Accountemps. The…
The percentage of global institutional investors reporting an existing smart beta index allocation has reached a new peak of 46 per cent, up from 36…
Ontario’s Ministry of Labour released a report today that makes 173 recommendations on provincial workplace standards, including employees’ entitlements to benefits. The report suggests numerous…
While Ontario’s proposed solvency changes for defined benefit pension plans may help plan sponsors with funding obligations, they may put plan members in a more precarious…
Canadian employers are beginning to offer season-specific benefits as summer draws near, but what’s being offered doesn’t line up with what employees are looking for,…
Ontario’s defined benefit pension plans will have to fund themselves on a solvency basis only if their funded status falls below 85 per cent, the government…
The Caisse de dépôt et placement du Québec is defending itself against what it calls “baseless allegations” by the Boeing Co. as the U.S. Department…
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…
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…
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…
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…
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…
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…