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Canadians expect lottery winnings, CPP to fund retirement

One-third of Canadians hope to fund their retirement costs by winning the lottery, according to a study.

Ontario plans minimum wage increase

Ontario plans minimum wage increase

Ontario plans to increase the minimum wage to $11 per hour on June 1, 2014, up from the current level of $10.25 an hour.

  • By: Staff
  • January 30, 2014 September 13, 2019
  • 12:18
Four key ETF trends in 2014

Four key ETF trends in 2014

The Canadian exchange-traded fund industry experienced impressive growth in 2013 and its ongoing success will be determined by how well providers respond to key investor…

  • By: Staff
  • January 30, 2014 September 13, 2019
  • 10:34
Hedge funds report strong returns

Hedge funds report strong returns

Hedge funds reported gains of 11.08% in 2013, their best net returns since 2010, according Preqin’s Hedge Fund Analyst.

  • By: Staff
  • January 30, 2014 September 13, 2019
  • 10:32
Ontario pension plan details coming in spring

Ontario pension plan details coming in spring

The province of Ontario expects to announce details of its provincial pension plan in a few months, according to the premier.

Employers won’t have to offer myRAs

Employers won’t have to offer myRAs

The U.S. Department of the Treasury says employers will not be required to offer the new retirement savings account, myRA, to their workers.

  • By: Staff
  • January 30, 2014 September 13, 2019
  • 10:00
AIMCo opens London office

AIMCo opens London office

Alberta Investment Management Corp. has opened an office in London, its first outside of Canada.

  • By: Staff
  • January 30, 2014 September 13, 2019
  • 09:59
Great-West to offer VRSPs

Great-West to offer VRSPs

Great-West Life Group Retirement Services is developing a voluntary retirement savings plan solution to help meet the needs of Quebec workers who don't have a…

  • By: Staff
  • January 30, 2014 September 13, 2019
  • 09:58
Ontario proposes major changes to workplace legislation

Ontario proposes major changes to workplace legislation

Last month, the Ontario government introduced Bill 146, the Stronger Workplaces for a Stronger Economy Act, 2013. Bill 146 implements some of the recommendations made…

Keohane, Denison to Consult on Ontario Pension Fix

Keohane, Denison to Consult on Ontario Pension Fix

Six experts to consult on retirement security.

U.S. plans new retirement account

U.S. plans new retirement account

In Tuesday night's State of the Union, U.S. President Barack Obama unveiled plans for a new retirement savings account.

  • By: Staff
  • January 29, 2014 September 13, 2019
  • 10:40
Are mentally healthy employees more productive?

Are mentally healthy employees more productive?

Employers need to focus on the relationship between mental health and productivity moving forward, explained Bill Morneau, executive chairman of Morneau Shepell, at the company’s…

Ontario picks six for advisory group on provincial pension

Ontario picks six for advisory group on provincial pension

The Government of Ontario has assembled an advisory group to advise it on how to strengthen retirement income security.

  • By: Staff
  • January 28, 2014 September 13, 2019
  • 16:22

Penad Pension acquiring DB pension plan, group benefits administration company

Penad Pension Services Ltd. is acquiring Ontario-based SeclonLogic Inc., a defined benefit pension plan and group benefits administration software solutions company. “I am confident that…

  • By: Staff
  • April 14, 2021 April 13, 2021
  • 09:00

Scotiabank CEO calling on feds to increase childcare spending

The head of the Bank of Nova Scotia is urging Ottawa to top up the annual Canada Child Benefit and increase childcare expense deductions, ahead…

Sobeys reinstating ‘hero pay’ for employees amid third wave of pandemic

Sobeys Inc. is reinstating a lockdown bonus for employees in areas with renewed stay-at-home orders, said a statement by the grocery retailer, which also noted…

Upward pressure increasing on Canadian bond real yields: report

Inflation break-evens at multi-year highs and higher nominal yields are putting some upward pressure on real yields in Canada, according to a new report by…

  • By: Staff
  • April 13, 2021 April 13, 2021
  • 12:00

Market rally boosts DB pension plans’ funding levels: report

A first-quarter rally in both the equity markets and bond yields have propelled defined benefit pensions to their best funded positions in more than a…

When the bubble bursts, what you don’t own will make all the difference

Sir John Templeton once said, “Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.” He was describing the…