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Quebec move to follow CPP changes ‘good news’: ACPM

Quebec move to follow CPP changes ‘good news’: ACPM

The Quebec government has announced a plan to expand the Quebec Pension Plan in line with reforms to the Canada Pension Plan. As part of…

  • By: Ryan Murphy
  • November 3, 2017 September 13, 2019
  • 11:56
Panel recommends public drug, dental benefits for low-income Ontarians

Panel recommends public drug, dental benefits for low-income Ontarians

A new report on income security in Ontario is recommending that the provincial government expand the provision of essential health benefits to all low-income people…

  • By: Staff
  • November 3, 2017 September 13, 2019
  • 08:30
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DB plans see boost from Canadian equities amid modest performance in third quarter

Canadian defined benefit pension plans experienced a modest third quarter, according to separate reports by BNY Mellon Asset Management Canada Ltd. and Northern Trust Corp.…

  • By: Staff
  • November 2, 2017 January 20, 2021
  • 08:45
Lawyer asserts priority claim for Sears retirees in CCAA proceedings

Lawyer asserts priority claim for Sears retirees in CCAA proceedings

Representative counsel for Sears Canada Inc.’s retirees has sent a letter to the monitor, FTI Consulting Inc., and all parties involved in the Companies’ Creditors Arrangement…

  • By: Staff
  • November 1, 2017 September 13, 2019
  • 15:16
Caisse commits $50M loan to U.S. residential solar power company

Caisse commits $50M loan to U.S. residential solar power company

The Caisse de dépôt et placement du Québec is committing a $50-million loan to a group of solar energy systems set up by California-based Sunrun Inc. The loan…

  • By: Staff
  • November 1, 2017 September 13, 2019
  • 15:00
Just one-fifth of employers have formal strategy around employee financial wellness

Just one-fifth of employers have formal strategy around employee financial wellness

Nearly three-quarters (74 per cent) of Canadian employers feel they have a responsibility to help their employees with their financial wellness, according to a new survey by…

  • By: Staff
  • November 1, 2017 September 13, 2019
  • 10:14
Four ideas to mitigate challenges of Canada’s retirement savings gap

Four ideas to mitigate challenges of Canada’s retirement savings gap

Macroeconomic trends such as longer lives, a lack of access to pensions and retirement supports, a low-growth environment, and persistent lack of financial literacy and…

  • November 1, 2017 September 13, 2019
  • 08:00
New Goldcorp agreement includes pension, benefits improvements

New Goldcorp agreement includes pension, benefits improvements

A new collective agreement reached by United Steelworkers members at mining company Goldcorp Inc. in Timmins, Ont. includes improvements to pensions and benefits. Some 280…

  • By: Staff
  • October 31, 2017 September 13, 2019
  • 15:00
Two-thirds of institutional investors use ESG analysis

Two-thirds of institutional investors use ESG analysis

Two-thirds of institutional investors consider environmental, social and governance factors, according to a survey conducted by RBC Global Asset Management Inc. The survey, which questioned 434 institutional…

DB solvency ratios stay steady for another quarter: FSCO

DB solvency ratios stay steady for another quarter: FSCO

Solvency ratios for defined benefit pension plans regulated by the Financial Services Commission of Ontario have stayed relatively stable, according to the organization’s quarterly report.…

  • By: Staff
  • October 30, 2017 September 13, 2019
  • 09:00
Union-led, multi-employer pension considering transition to target-benefit plan

Union-led, multi-employer pension considering transition to target-benefit plan

More than 500 members of United Steelworkers Local 1568 who are employed by Canadian Nuclear Laboratories have reached a collective agreement that includes moving into a new…

Are group TFSAs a suitable replacement for outgoing Canada savings bond program?

Are group TFSAs a suitable replacement for outgoing Canada savings bond program?

The Canadian government will discontinue the Canada savings bond and Canada premium bonds program on Nov. 1, 2017. While existing bonds will continue as usual until they…

Pension ambassadors: Who’s praising DB plans and why?

Pension ambassadors: Who’s praising DB plans and why?

While the sustainability of defined benefit pension plans have long been a central talking point in the industry, they took a real hit during the 2008…

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

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

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…

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…

  • 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…