Canada is the eighth-largest investor in new coal projects around the world, according to a new report by German non-profit organization Urgewald. Of the top 100…
Some $2.5 billion of group annuity purchases were placed during the first three quarters of 2017, in line with the total annual sales for the…
Despite coming improvements to public pension plans, Canada will still be about 10 percentage points behind the average net replacement rate for the typical worker…
The Desjardins Group is going carbon neutral as part of several actions the company plans to address climate change. In a release, the company pointed to…
The British Columbia Court of Appeal has dismissed injured veterans’ pension claims against the federal government because they had “no chance of success.” “It’s difficult…
Canadian xennials, those aged 34 to 40, are finding that the pressing expenses of daily life are getting in the way of saving for retirement, according…
Hiram Walker & Sons Ltd. and Unifor Local 2027 have ratified a four-year collective agreement that includes moving to a defined contribution plan for future…
The Workplace Safety and Insurance Board is taking a more holistic approach to workplace wellness by putting financial fitness on the same pedestal as physical…
More Canadians are working past age 65, according to the latest census data from Statistics Canada. Almost one in five (19.8 per cent) Canadians older than 65…
Poor financial well-being is a growing problem, impacting Canadian employees’ on-the-job performance, health and absenteeism rates, according to a new survey by Willis Towers Watson.…
In its sixth year of offering employees educational workshops during Financial Literacy Month, Western University has changed its approach this time by delivering information on a…
Compared to other high-income countries, Canada is doing very little to prepare for the “greying of society,” according to a new study by public policy think-tank…
Independent governance has been one of the key factors in the success of Canadian public pension plans, according to a new report commissioned by the World…
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…