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2021 Pension Leadership Awards winners announced

The Canadian Investment Review is proud to announce the winners of the second annual Pension Leadership Awards. The winners are: Chief Investment Officer of the Year James…

Ontario casinos, Unifor reach deals with improved pensions, benefits

The union representing workers at three Ontario casinos has ratified a series of collective agreements that will provide improved pensions and health benefits for employees.…

  • By: Staff
  • April 27, 2022 April 26, 2022
  • 09:00
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United Way B.C., CUPE reach agreement to improve mental-health coverage

The United Way British Columbia and the union representing the organization’s employees have reached an agreement to increase extended mental-health coverage. The coverage, which has…

  • By: Staff
  • April 22, 2022 April 21, 2022
  • 09:00

What’s in the federal budget for employers, employees?

The federal government’s 2022 budget, which set out $56 billion in new spending on Thursday, has a few offerings that could impact employers and employees.…

  • By: Staff
  • April 8, 2022 April 8, 2022
  • 09:00

Employees rank remote work, salary as top elements of benefits packages: survey

Remote work is considered the second most important element to compensation and benefits packages, ranked only behind salary, according to a new survey by job…

  • By: Staff
  • March 30, 2022 March 29, 2022
  • 09:00
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Workers back on the job at noon after CP Rail and union agree to final arbitration

Canadian Pacific Railway Ltd. and the union representing 3,000 conductors, engineers and train and yard workers say they have agreed to final and binding arbitration…

Two years later: Canada’s DB, DC pension plans weathering the pandemic

Canada’s pension plans are weathering the coronavirus pandemic, with many plans currently in their best financial shape in several years. The early days of the…

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Ontario mulling implementing new ‘portable benefits’ for precarious workers

Ontario is eyeing a new system to provide “portable benefits” for workers in the gig economy, retail and hospitality sectors who don’t currently have health,…

Willis Towers Watson rebrands as WTW

Global consultancy Willis Towers Watson is rebranding as WTW. “Since 2016 we have been known as Willis Towers Watson, the combination of Willis and Towers…

  • By: Staff
  • January 26, 2022 January 25, 2022
  • 09:00

Survey finds Canadians’ financial well-being declines as pandemic drags on

Canadian workers’ financial well-being score is declining amid the ongoing coronavirus pandemic, according to LifeWorks Inc.’s latest financial well-being index. The survey, which polled 3,000…

  • By: Staff
  • January 26, 2022 January 26, 2022
  • 09:00

PIAC to focus on growing membership in 2022, says new board member

The Pension Investment Association of Canada board is prioritizing a return to business as usual and the expansion of the association’s membership in 2022. The…

Toronto’s Juno College planning to move to 100% employee-ownership model

Juno College is planning to move to a 100 per cent employee-ownership model. The Toronto-based college, formerly known as Hacker U, was established by Heather…

Gallagher completing acquisition of Willis Re

Arthur J. Gallagher & Co. is completing its acquisition of Willis Towers Watson’s global reinsurance business, Willis Re. The US$3.25 billion transaction was first announced…

  • By: Staff
  • December 7, 2021 December 8, 2021
  • 15:00

Employees want more comprehensive benefits coverage: survey

Canadian employees want more comprehensive coverage under their benefits plans, according to a survey by the Conference Board of Canada and Telus Health. The survey,…

  • By: Staff
  • November 19, 2021 November 29, 2021
  • 09:05

Back to basics on captive arrangements

Five years ago, Rolls Royce Canada Ltd. realized its insurer and one of its European divisions’ insurers had separate reinsurance through a larger multinational company,…

IMCO committing to net-zero emissions in investment portfolios by 2050

The Investment Management Corp. of Ontario is joining the growing list of asset owners committing to reaching net-zero alignment in their investment portfolios by 2050 through…

  • By: Staff
  • November 11, 2021 November 11, 2021
  • 09:00

Willis Towers Watson selling Willis Re to Gallagher for US$3.25BN

Willis Towers Watson is selling its global reinsurance business, Willis Re, to Arthur J. Gallagher & Co. for US$3.25 billion. The transaction is set to…

  • By: Staff
  • August 16, 2021 August 16, 2021
  • 09:00

Aon, Willis Towers Watson call off proposed merger

Aon and Willis Towers Watson have agreed to terminate their proposed merger and end litigation with the U.S. Department of Justice. The merger, which was…

  • By: Staff
  • July 26, 2021 July 26, 2021
  • 12:00
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Volitility, high inflation to be expected during coronavirus recovery, says Bank of Canada

Canada’s economy will undergo volatility and inflationary acceleration as the nation recovers from the coronavirus pandemic, warns the governor of the Bank of Canada. “The process…

  • By: Staff
  • July 15, 2021 July 15, 2021
  • 13:00

C.F. Crozier providing employees with $20,000 help to buy first home

The Ontario-based engineering consultancy firm C.F. Crozier and Associates Inc. is going beyond offering typical benefits, such as eye, dental and mental-health care, and providing…

People Corporation acquiring B.C.-based Burton Financial

People Corporation Inc. is acquiring British-Columbia-based group benefits, retirement and insurance consulting company Burton Financial Ltd. Burton’s principals, Sean and Darla Trimble, will continue to…

  • By: Staff
  • July 2, 2021 July 15, 2021
  • 15:00

DOJ suing to block Aon’s US$30BN acquisition of Willis Towers Watson

U.S. President Joe Biden’s administration is suing to block the merger of two of the world’s largest insurance brokers, asserting the deal could eliminate competition,…

Pandemic impacting employees’ financial well-being, work productivity: survey

The prolonged coronavirus pandemic’s effect on working Canadians’ financial well-being persists, with the stress taking a toll on their savings and their productivity in the…

  • By: Staff
  • June 9, 2021 June 9, 2021
  • 09:00

Looking under the hood of jumbo transactions

The recent announcement that General Motors of Canada Co. purchased $1.8 billion of annuities for its salaried pension plan is creating a lot of excitement.…

Pensions, permanency of contract workers at heart of Nestlé strike

More than 470 employees at a Nestlé Canada plant in Toronto are on strike after Unifor Local 252 and the company failed to reach an…