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Labourers’ pension fund invests in energy storage developer

Labourers’ pension fund invests in energy storage developer

The Labourers’ Pension Fund of Central and Eastern Canada has invested $11 million in NRStor Inc., a private Toronto-based energy storage project developer. In addition…

  • By: Staff
  • February 6, 2017 September 13, 2019
  • 09:00
Benefits plan must cover medical pot, human rights commission rules

Benefits plan must cover medical pot, human rights commission rules

The Nova Scotia Human Rights Commission has ruled a benefits plan must cover a member’s medical marijuana prescription. “Employee benefit plans are not required to cover…

Many older Canadians don’t take drugs as prescribed due to cost: study

Many older Canadians don’t take drugs as prescribed due to cost: study

An argument for national pharmacare is the number of older Canadians who either don’t fill prescriptions or skip doses because they’re too expensive, a new study published in…

  • By: Staff
  • February 3, 2017 September 13, 2019
  • 10:35
OPTrust reveals results of climate change stress test

OPTrust reveals results of climate change stress test

OPSEU Pension Trust took a step to deepen the discussion institutional investors are having about climate change by releasing its own climate change scorecard this…

Why Canadians aren’t contributing to RRSPs: survey

Why Canadians aren’t contributing to RRSPs: survey

Fewer Canadians plan to contribute to registered retirement savings plans this year compared to last year (46 per cent versus 50 per cent), though the…

  • By: Staff
  • February 3, 2017 September 13, 2019
  • 09:05
Pension fund assets make up 75% of responsible investing in Canada: report

Pension fund assets make up 75% of responsible investing in Canada: report

More than a third (38 per cent) of assets under management in Canada incorporate a responsible investment strategy, up from 31 per cent two years…

  • By: Staff
  • February 2, 2017 September 13, 2019
  • 13:47
AIMCo enters financing partnership with Calgary oil and gas company

AIMCo enters financing partnership with Calgary oil and gas company

Alberta Investment Management Corp. has entered into a strategic financing relationship with Razor Energy Corp., an oil and gas company headquartered in Calgary, Alta. AIMCo…

  • By: Staff
  • February 2, 2017 September 13, 2019
  • 13:00
Liberals won’t tax health and dental plans: Trudeau

Liberals won’t tax health and dental plans: Trudeau

The benefits industry is welcoming comments from Prime Minister Justin Trudeau yesterday that suggested his government doesn’t plan to tax employee health and dental plans. “The…

  • By: Jann Lee
  • February 2, 2017 September 13, 2019
  • 11:04
Workplace psychological health on the rise, study finds

Workplace psychological health on the rise, study finds

Canadian workplaces have become psychologically safer over the past seven years, according to two studies commissioned by the Great-West Life Centre for Mental Health in…

Hamilton hospital hosts back-to-basics financial education series

Hamilton hospital hosts back-to-basics financial education series

St. Joseph’s Healthcare Hamilton went back to the basics of budgeting and planning when it hosted a recent series of financial education sessions for employees. The…

Sports lessons for the business world highlighted at 2017 Benefits and Pension Summit

Sports lessons for the business world highlighted at 2017 Benefits and Pension Summit

Whether on the rink or in the boardroom, consistency is key to success. “Anyone can get lucky and have a good game,” says Ross Bernstein,…

Loblaw Buys $350M in Annuities

Loblaw Buys $350M in Annuities

Head of pensions looks to reduce risk from its inflation-linked DB plans.

Younger employees want health benefits that meet their needs: survey

Younger employees want health benefits that meet their needs: survey

Only 37 per cent of millennial and generation Z employees who have access to workplace health benefits feel their plan fully meets their needs., according…

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