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Top 10 health and benefits stories of 2016

Top 10 health and benefits stories of 2016

There was a lot to talk about in the health and benefits space in 2016, from the continuing climb of drug plan costs, questions around…

  • By: Staff
  • December 28, 2016 September 13, 2019
  • 08:54
OMERS invests in Equitable Group

OMERS invests in Equitable Group

Equitable Group Inc. has completed a private placement of the company’s 809,585 common shares with the Ontario Municipal Employees Retirement System for $61.76 per share…

  • By: Staff
  • December 23, 2016 September 13, 2019
  • 10:59
Alberta extends deadline for private sector pension governance policies

Alberta extends deadline for private sector pension governance policies

Pension plans administrators in Alberta’s private sector will have another year to put a governance policy in place. Under Bill 10, published in 2012, the…

Former New York pension official accused of accepting $100,000 in bribes

Former New York pension official accused of accepting $100,000 in bribes

Federal authorities allege that a former official at the pension fund for New York state public employees took bribes that included prostitutes, strippers, cocaine and a…

Continue employee benefit tax exemption, health associations urge

Continue employee benefit tax exemption, health associations urge

Groups representing nine health-care professions are urging the federal government to reconsider axing the employer-sponsored health-care tax exemption. Removing the exemption would discourage employers from offering…

  • By: Staff
  • December 23, 2016 September 13, 2019
  • 09:11
AIMCo appoints two new directors to its board

AIMCo appoints two new directors to its board

Alberta Investment Management Corp. has appointed Phyllis Clark and Ken Kroner to its board of directors, effective Jan. 1, 2017. Clark served as vice-president of…

  • By: Staff
  • December 23, 2016 September 13, 2019
  • 07:36
BASF enhances compassionate care, bereavement policies

BASF enhances compassionate care, bereavement policies

BASF Canada Inc. is enhancing its compassionate and bereavement policies for about 550 non-unionized employees across Canada. Effective Jan. 1, 2017, the chemicals company will…

Canadian pensions’ solvency ratio jumped at end of 2016: Mercer

Canadian pensions’ solvency ratio jumped at end of 2016: Mercer

The solvency ratio of Canadian pension plans increased significantly between the third and fourth quarters of 2016, according to Mercer’s latest pension health index. The median…

  • By: Staff
  • December 22, 2016 September 13, 2019
  • 10:00
Non-adherence a concern for plan sponsors

Non-adherence a concern for plan sponsors

If employees don’t take their medications as required, their non-adherence can affect not only themselves but also their employer. Non-adherence involves many issues, Chris Goguen,…

Toromont’s story of continued drug plan redesign

Toromont’s story of continued drug plan redesign

Toromont Industries Ltd., a construction equipment business with about 3,500 employees, has been on a long journey to revamp its drug plan after it noticed…

Face to Face: Drug Plan Management Toronto

Face to Face: Drug Plan Management Toronto

With the cost of health benefits projected to rise by another eight per cent in 2017, plan sponsors have yet another incentive to find ways…

Debunking myths in drug plan management

Debunking myths in drug plan management

There was a solid interactive element to Benefits Canada’s Face to Face Drug Plan Management Forum as participants took part in a live-polling session on…

Prof calls for better accounting of productivity impact of drugs

Prof calls for better accounting of productivity impact of drugs

With the cost of health care rising, employers would do well to consider the productivity impacts of illness on their business, participants at Benefits Canada’s…

Average Canadian DB pension plan’s funded solvency position up 2.8% in February: report

The funded position of a typical defined benefit pension plan rose both on a solvency basis (2.8 per cent) and an accounting basis (2.3 per…

  • By: Staff
  • March 28, 2024 March 28, 2024
  • 15:00

47% of Canadian employees relying on workplace benefits to improve well-being: report

Nearly half (47 per cent) of Canadian employees say they’re interested in improving their well-being and plan on using workplace benefits to do so, according…

  • By: Staff
  • March 28, 2024 March 27, 2024
  • 09:00

Expert Panel: CPPIB taking steps to face shifting investment landscape in China

The decision by the Canada Pension Plan Investment Board this month to reduce 10 per cent of its China equity team based in Hong Kong…

Ontario continues work on infrastructure bank, target-benefit pension plan framework

In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…

  • By: Staff
  • March 27, 2024 March 27, 2024
  • 15:00

Hydro-Quebec’s $185 billion expansion plan getting institutional investor attention: report

A new $185 billion plan by Hydro-Quebec to build out increased power capacity is gaining attention from institutional investors, according to a report by Bloomberg.…

  • By: Staff
  • March 27, 2024 March 26, 2024
  • 15:00

New York State Common Retirement Fund curbing oil and gas investments

The New York State Common Retirement Fund is restricting its exposure in eight integrated oil and gas companies, including divesting a portion of its investment…

  • By: Staff
  • March 26, 2024 March 26, 2024
  • 15:00