A new online resource is offering Canadian business leaders access to resources and tools designed to encourage workplace health. was launched by the Health Work & Wellness Group, and is Canada’s first independent organizational health library. It features information on healthy workplace practices, tools, reports, models, case studies, research and education programs in the field […]
Osteoarthritis (OA) is the most prevalent form of arthritis, affecting approximately three million Canadians. And while it’s commonly believed that arthritis is a disease of the elderly, 58% of arthritis patients are under the age of 65—which means, they’re still in the workforce. If you have employees with OA, you likely know that their workplace […]
Canadian employees are too in debt to think about retirement planning. That’s the implication from a recent report by Morneau Shepell, which shows more workers are accessing their employee assistance programs (EAPs) for debt and credit issues, but fewer are seeking help with investment planning. According to the report, 63.2% of the time that people […]
Mental health is on the radar of Canadian organizations. Numerous studies have been conducted on the occurrence of and costs associated with mental health issues. The unfortunate reality is that people are often not provided with the care they need, even though early intervention is a key factor in helping people address and treat mental […]
Traditional approaches to drug plans need to be revisited, but the industry needs to move toward a properly designed flexible benefits program that fosters better understanding among members, according to Morneau Shepell’s recent News & Views. While rate of drug cost increases has been slowing recently, the company says new drugs coming on the market […]
The trend toward DC plans creates a host of new challenges: for plan sponsors, whose members look to them for investment information; for governments under increasing pressure to ensure that Canadians have sufficient income in retirement; and for Canadians themselves, who need to take the initiative to ensure that they’re able to save a suitable […]
The shift from DB to DC plans has done nothing to address Canada’s retirement funding crisis, aside from insulating plan sponsors from the risks of underfunding. Because there are no benchmarks for a DC plan, the concept of “underfunding” has lost meaning to all but the plan members, who risk underfunding their retirement needs. That’s […]
Watch this video What will pooled retirement pension plans mean for employers? Or for employees? Will Canadians voluntarily save more for retirement if the PRPP is introduced? Greg Heise, partner with Morneau Shepell, says that while implementing PRPPs would bring several advantages to both employees and employers, “I don’t think necessarily just the existence of […]
Canadians are paying into one of the world’s most expensive healthcare systems but aren’t getting full value for that investment, according to a new report from Morneau Shepell that suggests a major overhaul is needed. “The crux of the problem is that our system places too much emphasis on acute care and not enough on […]
The federal government’s December 2010 announcement of the pooled retirement pension plan (PRPP) arrangement has been the most significant piece of pension reform introduced in Canada since discussion on the topic increased following the 2008 economic crisis, according to a panel speaking at the Benefits & Pension Summit, held in Toronto last week. The panellists, […]