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The Co-operators enters joint venture with Medavie Blue Cross

The Co-operators enters joint venture with Medavie Blue Cross

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…

  • By: Staff
  • May 25, 2017 September 13, 2019
  • 09:00
Caisse funds plastic manufacturer IPL acquisition

Caisse funds plastic manufacturer IPL acquisition

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…

  • By: Staff
  • May 25, 2017 September 13, 2019
  • 08:47
WSIB drug changes shifted claims to other insurers: report

WSIB drug changes shifted claims to other insurers: report

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…

  • By: Staff
  • May 24, 2017 September 13, 2019
  • 10:30
Sounding Board: Modern defined benefit plans combine the best of DB and DC pensions

Sounding Board: Modern defined benefit plans combine the best of DB and DC pensions

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,…

33% of employees don’t unplug from work during vacation: survey

33% of employees don’t unplug from work during vacation: survey

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…

  • By: Staff
  • May 24, 2017 September 13, 2019
  • 09:38
Global smart beta allocations reach new high: survey

Global smart beta allocations reach new high: survey

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…

  • By: Staff
  • May 24, 2017 September 13, 2019
  • 09:02
Ontario urged to consider minimum standard for health benefits

Ontario urged to consider minimum standard for health benefits

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…

  • By: Jann Lee
  • May 23, 2017 September 13, 2019
  • 11:30
Have your say: Should other provinces follow Ontario’s lead on solvency reform?

Have your say: Should other provinces follow Ontario’s lead on solvency reform?

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, staff don’t see eye to eye on summer perks: survey

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,…

  • By: Staff
  • May 23, 2017 July 6, 2023
  • 09:45
Ontario announces long-awaited DB solvency reforms

Ontario announces long-awaited DB solvency reforms

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…

Boeing allegations ‘baseless and outrageous’: Caisse

Boeing allegations ‘baseless and outrageous’: Caisse

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…

  • By: Staff
  • May 19, 2017 September 13, 2019
  • 10:20
Move to 18-month parental leave criticized as ‘misguided’

Move to 18-month parental leave criticized as ‘misguided’

The federal government’s plan to extend employment insurance parental benefits to 18 months is “misguided” and “sets a bad precedent,” according to a number of…

New principal at Mercer

New principal at Mercer

Kevin Hendershot has joined Mercer as a principal at its Toronto office. Hendershot’s previous experience includes client management roles at Accenture, Allstream Inc. and Microsoft Corp. “Kevin is…

  • By: Staff
  • May 18, 2017 September 13, 2019
  • 19:39

Caisse invests up to €300 million in European data centre operator, CPPIB sells Amitra Capital

The Caisse de dépôt et placement du Québec is among a group of investors providing up to €750 million in financing to Vantage Data Centers.…

  • By: Staff
  • May 17, 2024 May 17, 2024
  • 14:25

CGI Group promoting mental-health support through leadership tool, employee recognition

CGI Group Inc. is promoting Mental Health Awareness Month for employees through multiple initiatives, including an event to share experiences and a new leadership tool.…

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

An article on the value that deferred profit-sharing plans can offer to small- and medium-sized employers was the most-read article on Benefits Canada.com this week.…

  • By: Staff
  • May 17, 2024 May 16, 2024
  • 09:00

Funding limitations in private markets push co-investment deals: report

Amid a challenging private market fundraising landscape, the flow of co-investment deals increased dramatically in 2023, according to a report by alternative investment management and…

  • By: Staff
  • May 16, 2024 May 15, 2024
  • 11:00

Reliance on premium technology stocks limiting diversification for institutional investors: expert

Institutional investors are limiting portfolio diversification through overexposure to a selected group of U.S. technology stocks, says Alec Murray, senior vice-president and head of equity…

BCI sells $1 billion worth of private equity holdings to investment firm

The British Columbia Investment Management Corp. is selling more than US$1 billion worth of private equity funds to Ardian, a France-based independent private equity investment…

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