General Motors of Canada Co. and Unifor have averted a strike, reaching a tentative agreement that includes moving new employees into a defined contribution pension plan…
Canada’s digitally savvy millennials are the most educated, culturally-diverse generation to come along. But like their grandparents, they fear market volatility and often prefer to…
It has been four years since the federal government passed legislation to enable pooled registered pension plans as a vehicle to boost retirement savings. In…
Caisse de dépôt et placement du Québec, along with the Québec Manufacturing Fund and Namakor Holdings, has acquired all outstanding shares of human-machine interface company…
On Sept. 12, an Indian e-commerce company called Snapdeal changed its logo and announced that goods from its marketplace would be shipped in vermilion boxes.…
Imperial Oil Ltd. is implementing a number of changes to its defined benefit pension plan which will take effect for current employees from Jan. 1,…
The New Brunswick Public Service Pension Plan’s joint board of trustees has approved a full cost of living increase of 1.4 per cent for its…
The Ontario Teachers’ Pension Plan will use part of its $13.2-billion surplus to restore some inflation protection for teachers who retired after 2009, according to the…
The Ontario Municipal Employees Retirement System is changing its additional voluntary contributions program to allow pension members to keep non-locked-in funds in their voluntary account…
Public service employers that offer job stability, workplace flexibility and technological resources are likely to attract new talent, according to a new survey by global…
More than half (56 per cent) of Canadian pre-retirees aged 50 or older don’t have a retirement savings plan, according to research commissioned by the…
As Unifor moves ahead in its contract negotiations with the Detroit Three, the union said part of the conversation will be around the automakers’ pension…
The federal government’s bid to expand the Canada Pension Plan is being put under the microscope, including an examination of the impact it could have…
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…