Former employees of the now-shuttered Northern Pulp mill in Pictou, N.S., will see their pension fund made whole and fully wound up due to the…
The ongoing retirement surge among baby boomers and the recent push to invest in Canada are creating the perfect conditions for the country to further…
Canadian pension risk transfers reached an estimated transaction volume of $1.7 billion during the third quarter of 2025, according to a new report by Telus…
Roughly a third (34 per cent) of global employees say they expect to work at least part time after retiring, a percentage that increases to…
The International Centre for Pension Management is making two new appointments to its management team, effective immediately. Adrian Trollor will move into the role of…
An article on the federal government’s notification to public employees on early retirement options was the most-read story on BenefitsCanada.com this past week. Here are…
When Grand River Hospital and St. Mary’s General Hospital merged in April 2025, leaders weren’t just bringing together two sites and two cultures, they also…
When the Canadian Association of Pension Supervisory Authorities updated its capital accumulation plan guideline in September 2025, the Co-operative Superannuation Society Pension Plan conducted an…
With inflation still squeezing household budgets, interest rates elevated compared to pre-pandemic norms and an ageing workforce heading towards retirement, employees are under more pressure…
Heightened volatility could make defined benefit pension plan sponsors pause before deciding how to approach the use of favourable financial positions resulting in surpluses. While…
Samsung Electronics Co. Ltd. is supporting inclusion and family building with a new adoption benefit. The benefit, which will be available as of January, provides…
The Canada-Wide Industrial Pension Plan has surpassed $1 billion in assets. In a press release, the CWIPP attributed its steady growth to increasing membership, ongoing…
Confident and knowledgeable group retirement savings plan members are saving 86 per cent more than those with low confidence and literacy, according to a new…
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…