Former employees of the now-shuttered Northern Pulp mill in Pictou, N.S., will see their pension fund made whole and fully wound up due to the…
Canadian pension risk transfers reached an estimated transaction volume of $1.7 billion during the third quarter of 2025, according to a new report by Telus…
The International Centre for Pension Management is making two new appointments to its management team, effective immediately. Adrian Trollor will move into the role of…
An article on the federal government’s notification to public employees on early retirement options was the most-read story on BenefitsCanada.com this past week. Here are…
When Grand River Hospital and St. Mary’s General Hospital merged in April 2025, leaders weren’t just bringing together two sites and two cultures, they also…
Heightened volatility could make defined benefit pension plan sponsors pause before deciding how to approach the use of favourable financial positions resulting in surpluses. While…
The Canada-Wide Industrial Pension Plan has surpassed $1 billion in assets. In a press release, the CWIPP attributed its steady growth to increasing membership, ongoing…
Alberta is moving to insulate its Crown investment corporation from potential legal liabilities and protect companies in the province from lawsuits accusing them of greenwashing.…
The median solvency ratio of Ontario defined benefit pension plans increased to 124 per cent during the third quarter of 2025, an increase of two…
While earlier generations of Canadian retirees fared well despite limited financial literacy thanks to simpler pension systems, today’s employees face a more complicated journey through…
Size matters when it comes to Canada’s much-vaunted model of pension investment. Sebastien Betermier, an associate professor of finance at McGill University’s Desautels Faculty of…
While emerging forms of artificial intelligence such as agentic AI may hold promises and challenges for pension plan sponsors, the human touch remains important when…
Two shared-risk pension plans for former employees of New Brunswick-based Fraser Papers Inc. are de-risking via annuity buy-in transactions totalling $114 million. A board of…
An article on one of Pratt & Whitney Canada’s wins in Benefits Canada’s 2025 Workplace Benefits Awards was the most-read story on BenefitsCanada.com this past…
The Ontario Pension Board is appointing Joanna Carson as chief financial officer, effective Nov. 10. In the role, she’ll oversee the OPB’s corporate finance, procurement,…
Roughly six in 10 (60 per cent) U.S.-based defined contribution pension plan sponsors say they want to retain assets in the plan, often by limiting…
While the total number of pension plans in B.C. declined to 610 in 2024, overall membership increased by four per cent to 1.34 million members,…
The funded status of a typical defined benefit pension plan in Canada increased on both a solvency basis and on an accounting basis in September,…
Alberta’s Local Authorities Pension Plan is lowering its 2026 contribution rates and providing members with a cost-of living adjustment due to the plan’s strong financial…
The average funded ratio of the typical Canadian defined benefit pension plan rose four per cent in the third quarter of 2025 to 134 per…
Some former Hudson’s Bay Co. employees have filed a class-action lawsuit seeking a share of the defunct retailer’s pension surplus. The court filing was made…
Canada’s retirement income system ranked No. 24 out of 52 countries, earning a B grade with an overall score of 70.4 out of 100, according…
An article on recent private equity investments by the Canada Pension Plan Investment Board was the most-read story on BenefitsCanada.com this past week. Here are…
Dutch authorities are summoning the Healthcare of Ontario Pension Plan on alleged evasion of dividend withholding tax worth more than €200 million. Last week, the…
Canadian public sector employees continue to outpace private sector workers in defined benefit pension plan membership, according to a new report by the Fraser Institute.…