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Prescription drug cap, pensions at heart of Labrador strike

Prescription drug cap, pensions at heart of Labrador strike

A prescription drug cap is among the issues in a strike by United Steelworkers union members in western Labrador. The union members work for the Iron…

Ontario passes budget measures amending pension, PRPP acts

Ontario passes budget measures amending pension, PRPP acts

The Ontario government passed its 2018 budget measures on Tuesday, including amendments to the Pension Benefits Act and the Pooled Registered Pension Plans Act. The amendments…

  • By: Staff
  • May 8, 2018 September 13, 2019
  • 16:30
Behavioural changes key to managing financial health like a chronic condition

Behavioural changes key to managing financial health like a chronic condition

May is the perfect time of year to address employees’ financial health, as they’ve just gone through the stress of filing their tax returns. As well, May…

  • May 8, 2018 September 13, 2019
  • 08:00

Ontario DB pension plan solvency up despite equity troubles

In spite of volatile public equity markets, the median solvency ratio for Ontario’s defined benefit pension plans was slightly higher at 95 per cent for the…

  • By: Staff
  • May 7, 2018 January 20, 2021
  • 16:45
Canadians rank money as greatest stress: survey

Canadians rank money as greatest stress: survey

More than a third (41 per cent) of Canadians rank money as their greatest stress, according to a new survey commissioned by the Financial Planning Standards…

  • By: Staff
  • May 7, 2018 September 13, 2019
  • 16:45
Hub International acquires Quebec benefits brokerage

Hub International acquires Quebec benefits brokerage

Hub International Ltd. has acquired yet another benefits brokerage: Quebec-based Les Avantages Sociaux Delta Inc. Based in the Montreal area, Delta provides support and actuarial…

  • By: Staff
  • May 7, 2018 September 13, 2019
  • 10:05
Pension plans showing positive results despite challenges for equities

Pension plans showing positive results despite challenges for equities

Canadian pension plans eked out a small return of almost 0.4 per cent for the first quarter of 2018, according to CIBC Mellon Global Securities…

  • By: Staff
  • May 7, 2018 September 13, 2019
  • 09:56
CPP enhancement could reduce money invested in Canada

CPP enhancement could reduce money invested in Canada

Upcoming enhancements coming to the Canada Pension Plan will lead to a reduction in investment in Canadian enterprises, a new paper from the Fraser Institute…

  • By: Staff
  • May 4, 2018 September 13, 2019
  • 09:08
Latest CPP additions to cost $900 million by 2050: chief actuary

Latest CPP additions to cost $900 million by 2050: chief actuary

A suite of additional features planned for the Canada Pension Plan will mean an extra $900 million in costs by 2050, Canada’s chief actuary is…

  • By: Staff
  • May 3, 2018 September 13, 2019
  • 08:30
Have your say: Will new multi-employer schemes revive DB plans?

Have your say: Will new multi-employer schemes revive DB plans?

April has been a busy month for the world of defined benefit pension plans. In recent weeks, both the OPSEU Pension Trust and the Colleges…

Ontario Teachers’ appoints senior managing director of infrastructure, natural resources

Ontario Teachers’ appoints senior managing director of infrastructure, natural resources

The Ontario Teachers’ Pension Plan has appointed Dale Burgess as senior managing director of infrastructure and natural resources. Burgess has been serving as interim head…

  • By: Staff
  • May 2, 2018 September 13, 2019
  • 09:38
New report tracks Canadian pension funds’ rising interest in Asia-Pacific

New report tracks Canadian pension funds’ rising interest in Asia-Pacific

Investments from pension funds accounted for 25 per cent of Canadian investment in the Asia-Pacific region between 2013 and 2017. Their share was up from…

  • By: Staff
  • May 2, 2018 September 13, 2019
  • 09:34
Ontario rolls out several parts of new DB framework

Ontario rolls out several parts of new DB framework

Several of the regulations under Ontario’s new framework for defined benefit pension plans are coming into effect today. “It’s the most comprehensive we’ve seen certainly…

52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey

While more than two-thirds (69 per cent) of private sector workers in the U.S. have access to an employer-sponsored retirement savings plan, just half (52…

  • By: Staff
  • April 29, 2024 April 29, 2024
  • 15:00

Chipotle expanding benefits offering to focus on career development, student debt

In anticipation of 25 per cent to 35 per cent growth in Canada by the end of 2024, restaurant chain Chipotle Mexican Grill Inc. is making…

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

A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00

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

An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

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…

Feds seeking to boost domestic investments by Canadian institutional investors: budget

In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Just a third of U.K pension plan members feel they’ve saved enough to retire: survey

Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

Clear, flexible regulations needed for target-benefit plans: report

Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

OPB working with employers to receive salary information of employees impacted by Bill 124

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

How Ontario pay transparency legislation will impact employers

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…

Desjardins using budget workshops, interactive game to support employee financial wellness

Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…