After more than nine months of bargaining, Canada Post and the Canadian Union of Postal Workers reached a tentative deal last night. The new agreements…
The replacement income level generated by capital accumulation plans has increased over the past four months, according to Eckler Ltd.’s capital accumulation plan income tracker.…
Pensions may be the hot-button issue of the ongoing labour dispute between Canada Post and the Canadian Union of Postal Workers, but union representatives argue a gender pay…
In managing a pension plan, every basis point of investment return and expense ratio and every unit of risk matter. While that has always been…
As the Northern Transportation Co. Ltd. seeks protection from its creditors amid financial difficulties, the Public Service Alliance of Canada and the Union of Canadian…
As negotiations continue between Canada Post and the Canadian Union of Postal Workers, the strike action that was to start from midnight on Sunday has…
A report released by the Office of the Superintendent of Financial Institutions this month projects that the federal government’s plan to cancel the increase in the…
For all it’s worth, I have already given the recent Canada Pension Plan enhancement a passing grade. As I noted in our firm’s July report…
Baby boomers are almost as likely as millennials to find online apps and tools useful for managing retirement savings, according to a survey by Willis Towers Watson.…
Talks between Canada Post and the Canadian Union of Postal Workers have stalled once again, hours before the union’s strike mandate expires at midnight. “If…
With escalating drug costs and the strain of retiree benefits dragging down balance sheets, it’s no wonder employers are looking for creative ways to limit…
British Columbia’s defined benefit pension plans continue to face funding challenges as solvency deficits mount, according to a report released last week by the Financial…
Was the government’s decision to restore eligibility for old-age security to age 65 the correct choice? Tabled in March, the federal budget cancelled provisions in…
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…