Great-West Lifeco Inc. is merging three of its insurance brands, combining Great-West Life Assurance Co. and its two subsidiaries, London Life and Canada Life. The…
Canadian defined benefit pension plans’ solvency position rose in the first quarter of 2019, according to two new pension indexes. Representing the solvency ratio of a…
The Caisse de dépôt et placement du Québec is acquiring a 30 per cent stake in a subsidiary of U.S. communications infrastructure firm Vertical Bridge Holdings.…
The federal government’s 2019 budget proposed changes that could affect the viability and attractiveness of stock options as a recruitment and retention tool for certain…
The union representing University of Saskatchewan support workers is one step closer to striking in an ongoing dispute regarding its members’ wages and pensions. Canadian Union of Public Employees…
How can search terms help predict elections? Do parents secretly favour boys over girls? For Seth Stephens-Davidowitz, a former data scientist at Google and the…
Multiple stakeholder groups are praising the 2019 federal budget’s proposal to amend tax rules to allow for late-life and variable annuity structures. The proposed advanced…
The British Columbia Investment Management Corp. said on April 4, 2019 it will vote against the proposed merger of Goldcorp Inc. and Newmont Mining Corp.,…
Jim Keohane is retiring from his role as president and chief executive officer of the Healthcare of Ontario Pension Plan in March 2020. “Jim is well-respected…
The Ontario Pension Board has appointed Chris Kautzky as its new chief investment officer. Set to start May 1, 2019, Kautzky will succeed Ken Lusk who’s…
Alongside recent reforms to funding rules for Ontario-registered defined benefit pension plans, the Ontario government also made changes to the pension benefits guarantee fund, including improvements…
The Association of Canadian Pension Management has mixed feelings about the federal government’s proposed methods for enhancing retirement security in the wake of the high-profile Sears Canada…
Employees at Glencore Canada’s Brunswick Smelter operation are considering striking over what their union is calling “never-ending” concession demands from the company on pensions and…
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…