IMAX Corp. has extended its long-term incentive plan to all of its employees and managers. The company has extended the program, which had previously been…
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…
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…