How Canadian Tire connects retirement to profits
Canadian Tire Corp. was an early adopter of profit sharing as a way to include all of its employees in the success of the company,…
- By: Marg Bruineman
- April 15, 2016 September 13, 2019
- 00:06
Canadian Tire Corp. was an early adopter of profit sharing as a way to include all of its employees in the success of the company,…
In recent years, Canada’s largest companies have struggled with the inherent ups and downs of managing risk in their defined benefit pension plans. Two employer-sponsored…
For many people, the mere mention of European Union rules conjures up images of red tape and bureaucratic minefields. So it’s hardly surprising that Europe’s…
The Ontario Pension Board, the administrator of Ontario’s public service pension plan, ended 2015 with an annual investment return of 6.14 per cent. Net investment…
Is the 70-per-cent income replacement rate an accurate measure of retirement security? And are current investment solutions appropriate for an environment of lower returns and…
A new bill for the Ontario Retirement Pension Plan introduced today will also include an option for other provinces to join in as Ontario moves…
When it comes to reducing pension risk, there’s an interesting dynamic between desire and ability. During periods when the desire to de-risk is high, the…
I had an excellent chat with an employer client recently about why the concept of employee consumerism hasn’t really caught on in Canada. Is it a…
With Ontario Premier Kathleen Wynne vowing to implement major reforms to political fundraising in Ontario, what has the pension and benefits industry been up to…
As plan sponsors grapple with improving engagement around capital accumulation plans, analyzing big data is one way to help employees make the most of them. “Big data allows…
The majority (88%) of U.S. employees are stressed or worried on some level about their personal financial situation, according to a new survey by Workplace…
Caisse de dépôt et placement du Québec is investing $18 million to support the creation of a new entity launched by Moment Factory, an internationally…
As employers struggle to determine the right governance structure for their defined contribution pension plans, one company going through the process found it could do…
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…
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…
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…
A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…
Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…
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.…
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,…
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…
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…
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 Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
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…