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Benefits exchanges predicted for Canada as plans continue to evolve

Benefits exchanges predicted for Canada as plans continue to evolve

Unlimited vacation, free parking, car allowances, concierge services such as food delivery, dog walking and housecleaning are just some of the new perks several companies…

  • By: Jann Lee
  • November 25, 2016 September 13, 2019
  • 09:30
Ontario spent $800K on ads after cancelling ORPP

Ontario spent $800K on ads after cancelling ORPP

The Ontario government spent $793,925 on new advertising out of the budget for the Ontario Retirement Pension Plan after cancelling the program, according to documents…

Ontario establishes gender wage gap working group

Ontario establishes gender wage gap working group

Ontario is furthering its work to close the gender wage gap by established a working group to help guide the province’s action plan. The group,…

  • By: Staff
  • November 25, 2016 September 13, 2019
  • 09:07
‘Room for change’ in benefits plans, conference told

‘Room for change’ in benefits plans, conference told

As employers continue to grapple with rising benefits costs, there’s “room for change” in what their plans cover, a speaker at Innovative Medicines Canada’s conference…

Strong returns cited as RCMP pension deficit shrinks

Strong returns cited as RCMP pension deficit shrinks

The financial status of the Royal Canadian Mounted Police pension plans showed significant improvement as returns for one of them hit a high of 16.3…

Accompass appoints vice-president to compensation practice

Accompass appoints vice-president to compensation practice

Accompass Inc. has appointed Anne Peiris as a vice-president in its compensation practice. With more than 15 years of experience in the industry, Peiris has…

  • By: Staff
  • November 24, 2016 September 13, 2019
  • 09:00
Sounding Board: Holy grail of higher returns comes with a catch

Sounding Board: Holy grail of higher returns comes with a catch

Investors have seen fixed-income yields pushed lower as central banks venture into uncharted policy waters. Meanwhile, equities are once again vacillating in the face of…

Manitoba to introduce pooled retirement pension plans

Manitoba to introduce pooled retirement pension plans

The government of Manitoba has announced it will introduce pooled retirement pension plans as a new option to help the province’s employees save for retirement.…

  • By: Jann Lee
  • November 23, 2016 September 13, 2019
  • 10:30
New medical marijuana policy for veterans cuts reimbursement allowance by seven grams

New medical marijuana policy for veterans cuts reimbursement allowance by seven grams

The government is implementing a new reimbursement policy for veterans claiming marijuana for medical purposes, reducing the allowance from 10 grams per day to three…

OPSEU and government reach agreement on retiree benefits

OPSEU and government reach agreement on retiree benefits

The government of Ontario and the Ontario Public Service Employees Union have reached an agreement on post-retirement benefits for members of the OPSEU pension plan,…

  • By: Staff
  • November 23, 2016 September 13, 2019
  • 09:12
AIMCo enters strategic partnership with Savanna Energy Services

AIMCo enters strategic partnership with Savanna Energy Services

Alberta Investment Management Corp. has entered into a strategic financing relationship with Savanna Energy Services, an energy service provider headquartered in Calgary, Alta. The financing…

  • By: Staff
  • November 23, 2016 September 13, 2019
  • 09:05
Caisse and partner invest in North American ambulance company

Caisse and partner invest in North American ambulance company

Caisse de dépôt et placement du Québec and fund manager Clearspring Capital Partners are investing in Quebec-based Demers Ambulances, enabling it to consolidate its market…

  • By: Staff
  • November 23, 2016 September 13, 2019
  • 09:05
A primer on treatments for inflammatory bowel disease

A primer on treatments for inflammatory bowel disease

Inflammatory bowel disease is on the rise, particularly among children. And at a cost to the Canadian economy of approximately $2.8 billion a year, early…

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

AIMCo returns 6.9% in 2023, driven by equities, fixed income

The Alberta Investment Management Corp.’s total fund generated a net return of 6.9 per cent in 2023, 1.8 percentage points below its 8.7 per cent benchmark.…

  • By: Staff
  • April 22, 2024 April 23, 2024
  • 15:00