The median solvency ratio of Canadian pension plans rose in the third quarter of 2016, according to the Mercer Pension Health Index, but the quarterly…
The private equity arm of the Ontario Municipal Employees Retirement System has sold its stake in a U.S.-based network of dental practices. Yesterday, the pension…
The existing Canada Pension Plan is on sustainable financial footing at its current contribution rate and its assets are projected to grow from $285 at…
Caisse de dépôt et placement du Québec will invest US$500 million in Sedgwick Claims Management Services Inc., a third-party claims administrator with offices in the…
As contract negotiations between the City of Saskatoon and its transit workers heat up, the parties are in disagreement about the nature of the central…
The new contract ratified yesterday between General Motors of Canada Co. and Unifor includes a special one-time, lump-sum payment of $1,500 for all employees who…
Most of the growth in the Canadian life and health insurance industry in 2015 came from the pensions and retirement market, the Canadian Life and…
The Canada Pension Plan Investment Board has signed a memorandum of understanding with the People’s Republic of China’s National Development and Reform Commission to offer…
The union representing workers at U.S. Steel Canada Inc. is cautiously optimistic a proposed acquisition of the company by a U.S.-based holding company will lead…
Manulife Financial has introduced an online planning program for employees who participate in its workplace retirement savings plans. The program, Retirement Redefined, includes personalized planning…
In its response to a consultation launched in June, the Association of Canadian Pension Management says the federal government’s “30-per-cent rule” needlessly inhibits pension plan…
Great-West Life is piloting an online financial program with about 5,000 plan members aimed at improving their financial outcomes. The program, called Wayfinder, allows plan…
The Bank of Canada’s governor says today’s era of stubbornly low interest rates means it’s time to revisit retirement planning and temper business investment expectations.…
Canadian plan members reported a significant drop in the amount they believe they need to retire — from roughly $1.4 million in 2023, 2024 and…
While the percentage of plan members who describe their personal financial situation as significantly or somewhat better than last year decreased from 42 per cent…
Methodology improvements are pushing the life expectancy of Canadian retirees and surviving spouses by roughly one year to age 65 as of Jan. 1, 2024,…
In its 2026 budget on Thursday, the Ontario government proposed doubling the pension benefits guarantee fund’s monthly guarantee limit from $1,500 to $3,000 for all…
The bankruptcy of the Hudson Bay Co. and subsequent loss of promised supplemental employee/executive retirement plan benefits to executives has caused many to rethink the…
Derek Dobson, chief executive officer and plan manager at the Colleges of Applied Arts and Technology’s pension plan, is departing the organization following a formal…
Bell Canada’s defined benefit and defined contribution pension plans are both overseen by the same pension committee. The meeting cadences differ, but the committee leans…
Employers can reinforce the value of their workplace retirement plans by communicating to plan members about the importance of having money later versus money now,…
The Financial Services Regulatory Authority of Ontario is marking its fourth annual Pension Awareness Day today by encouraging employees to understand their employer-sponsored retirement plan…
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…