The newly minted University Pension Plan is tackling environmental, social and governance issues head on by partnering with the 30% Club, Canadian Coalition for Good…
Canada’s economy will undergo volatility and inflationary acceleration as the nation recovers from the coronavirus pandemic, warns the governor of the Bank of Canada. “The process…
Members of the Pension Investment Association of Canada saw their managed assets grow by 7.4 per cent in 2020, according to a new report. In…
Employees choosing to retire or quit could rise in the second half of 2021 alongside the coronavirus pandemic receding, according to a report by the…
Diversity, equity and inclusion is top of mind for many plan sponsors these days. And, while issues around retirement and pensions likely aren’t the key focus…
Aon and Willis Towers Watson are confirming the European Commission’s conditional approval of the two companies’ proposed merger. “This is a major step that demonstrates continued progress…
The Ontario-based engineering consultancy firm C.F. Crozier and Associates Inc. is going beyond offering typical benefits, such as eye, dental and mental-health care, and providing…
The funded position for an average Canadian defined benefit pension plan improved slightly on both a solvency and accounting basis in June, according to a new…
More than 2,000 workers at a Vale nickel mine in Sudbury, Ont., are continuing their strike after their union, United Steelworkers Local 6500, rejected the…
More than 125,000 Canadians became active members in a registered pension plan in 2019, according to a new report by Statistics Canada. It found the number…
Colleges and Institutes Canada is the latest employer to join the Colleges of Applied Arts and Technology’s DBplus pension plan. The organization, which is the…
It’s a welcome development that so many pension fund managers are increasingly preoccupied with the ethical implications of their investments and incorporating data to ensure…
The 830 locked-out employees at Reliance Home Comfort sites in Ontario are heading back to work after their union ratified a new contract with the…
Allowing increased retirement savings pooling and portability can help improve efficiency, as well as pension plan member retention and continuity, according to a policy recommendation…
The combination of several innovations in defined contribution pension plan design can dramatically improve retirement readiness across income levels, according to a new report by…
An article on British Columbia’s updated pension standards, including the introduction of auto-escalation for defined contribution pension plans, was the most-read article on BenefitsCanada.com this past…
An article on a recent Ontario Superior Court decision related to surplus pension assets was the most-read article on BenefitsCanada.com this past week. Here are…
A recent Ontario Superior Court decision related to surplus pension assets was a rubber stamp of the monitor’s recommendations, rather than a decision with precedential…
The federal government’s recent announcement that it will make the employee ownership trust tax exemption permanent is a major incentive for employers to transition their…
The Ontario Pension Board is communicating its long-term strategic plan to members through a new interactive online page. The platform, dubbed ‘On the Horizon’, is…
In times of increased economic uncertainty, the number of tough financial choices facing the average person seems to rise exponentially. Clashing priorities battle it out:…
PepsiCo Canada may be known for quenching thirst and satisfying snack cravings, but the organization’s leadership recently identified another kind of demand: clearer, more personalized…
Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…
Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…