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Philips falls to Q4 loss as it pays off pension risks

Philips falls to Q4 loss as it pays off pension risks

Dutch electronics giant Philips says it fell to a fourth-quarter net loss of 39 million euros ($42 million) as it paid of pension risks and…

Alternative assets taking on new prominence: survey

Alternative assets taking on new prominence: survey

Global institutional investors agree it’s challenging to find diversification among traditional asset classes, with 54% saying that stocks and bonds are too highly correlated to…

Ontario business confidence drops to five-year low

Ontario business confidence drops to five-year low

Business confidence in the Ontario economy is at a five-year low, according to a new report. The Ontario Chamber of Commerce (OCC), in partnership with…

ACPM urges government to delay ORPP

ACPM urges government to delay ORPP

The Association of Canadian Pension Management (ACPM) has asked the Ontario government to delay the implementation of the Ontario Retirement Pension Plan (ORPP) by one year. In a letter to…

Sounding Board: National drug bulk-buying agreement should represent all Canadians

Sounding Board: National drug bulk-buying agreement should represent all Canadians

This past week, Canada joined with the provinces to look at bulk-purchasing prescription drugs.  That prompted the Canadian Life and Health Insurance Association (CLHIA) to…

Layoff notices suspended for newsroom workers: union president

Layoff notices suspended for newsroom workers: union president

The union representing striking newsroom employees at Canada’s largest independent daily newspaper says the company has suspended 18 layoff notices that were sent out hours…

Greeks protesting pension and tax reforms block highways

Greeks protesting pension and tax reforms block highways

Greek farmers angry at planned pension and tax reforms have expanded their campaign of blocking highways and closed a border crossing to Bulgaria. About 1,500…

Working group formed to tackle national pharmaceutical strategy

Working group formed to tackle national pharmaceutical strategy

A meeting of health ministers has wrapped up in Vancouver, with what the federal government calls a “first step” toward improving Canada’s healthcare system. Federal…

Ontario pension solvency down at end of 2015

Ontario pension solvency down at end of 2015

The median solvency ratio of defined benefit (DB) pension plans in Ontario was down very slightly in the fourth quarter of 2015, to 83% on December 31 compared…

  • By: Staff
  • January 22, 2016 September 13, 2019
  • 10:37
Goodwill staff will be paid: CEO

Goodwill staff will be paid: CEO

The CEO of Goodwill Industries of Toronto, Eastern, Central and Northern Ontario says laid-off staff will be paid by the end of the day. Keiko…

EY highlights well-being benefits in January campaign

EY highlights well-being benefits in January campaign

EY has launched a new health and well-being campaign for its 5,000 Canadian employees. The campaign – New Year, New You – focuses on a…

Employers want to be heard on national healthcare: report

Employers want to be heard on national healthcare: report

While Canadian employers agree that coverage of prescription drugs is an important part of the national healthcare system, they have strong viewpoints and concerns about…

Stock market tumble could keep pension funds behind

Stock market tumble could keep pension funds behind

The slide on Wall Street could damage public employee pension funds around the U.S. And the burden could end up falling on taxpayers. Stocks have been…

Canada Life facing gov’t financial sanctions following delayed benefits access for public employees

The federal government has begun imposing financial sanctions on the Canada Life Assurance Co. after months of outcry from public servants, retirees and their families who…

  • By: Staff
  • May 3, 2024 May 3, 2024
  • 15:00

ESG standards helping institutional investors realize positive annualized returns: study

Environmental, social and governance standards have helped investors generate positive annualized returns, with environmental investments leading the pack globally, according to a new study from…

  • By: Staff
  • May 3, 2024 May 3, 2024
  • 15:00

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

A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

CPPIB sells 2.78% stake in India logistics firm

The Canada Pension Plan Investment Board is selling 2.78 per cent of its stake in India-based supply chain and logistics operator Delhivery Ltd. The total…

  • By: Staff
  • May 1, 2024 May 1, 2024
  • 15:00

Funded ratio of 100 largest U.S. corporate DB pension plans declines to 98.4% in fiscal 2023: report

The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according…

  • By: Staff
  • May 1, 2024 April 30, 2024
  • 09:00

Expert panel: Have hedge funds budged on hurdle rates?

Even though it has been two years since the U.S. Federal Reserve started rapidly hiking interest rates, hedge fund managers aren’t more likely to have…