The federal government intends to introduce regulations providing Canada Post with four-year relief from the requirement to make special payments to the pension plan, as…
Great-West Life has launched smartPATH 2.0, an interactive online resource designed to help employers better engage their employees in retirement education, planning and saving.
As the interest in target benefit plans grows, a new guide by Aon Hewitt says Canada’s pension industry needs to examine the range of choices…
The pension plan at Ontario Power Generation is generous by any standard, according to the 2013 annual report by the province's auditor general.
DB and DC plans should be more similar, according to Jim Leech, Ontario Teachers’ Pension Plan president and CEO.
The Conservatives voted down a motion by the National Democratic Party to expand the Canada Pension Plan in the House of Commons on Monday.
Ontario Minister of Finance Charles Sousa has asked Jim Leech, the outgoing head of the Ontario Teachers' Pension Plan, to recommend ways to make electricity…
Statistics Canada reports that pension wealth advanced to nearly $2.6 trillion by the end of last year, an increase of 9.1% from 2011.
Dale Carnegie’s 1936 classic, How to Win Friends and Influence People, might have been written directly for DC plan sponsors. While plan sponsors can’t force…
Ontario’s new pension plan merger rules under new versions of section 80 (sale of business) and 81 (same employer mergers) of the Pension Benefits Act…
The federal New Democratic Party is proposing to expand the Canada Pension Plan (CPP) and Quebec Pension Plan (QPP).
A survey shows that an expanded Canada/Quebec Pension Plan (C/QPP) is considered to be the best way to improve Canada's retirement income system.
The Ontario Ministry of Finance has released a discussion paper on pooled registered pension plans (PRPPs).
In its 2026 budget, the Quebec government said it intends to enhance the appeal of voluntary retirement savings plans amid low uptake of the savings…
More than half (56 per cent) of plan members say email is the most effective way to communicate with them about their savings plans, according…
In its sophomore year under the Employee Savings Survey banner, Benefits Canada’s annual check in with plan members about their financial priorities and the condition of…
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…
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…
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…