The union representing roughly 820 workers at Grand River Transit in Ontario has ratified a new three-year collective agreement that includes benefits and wage gains. The agreement includes increasing coverage for eyeglasses from $450 to $550 and adding speech pathologists and osteopaths to the list of covered paramedical practitioners. In addition, while the benefits previously […]
Canadian defined benefit pension plan sponsors are finding portfolio resiliency in an environment challenged by questions about the technology sector in the U.S., says Katie Pries, country executive for Northern Trust Canada. “We saw some impact on technology stocks, we saw that decline and we did attribute that to investors taking stock of some of […]
Two-thirds (66 per cent) of Canadian business leaders are moving towards a fully integrated artificial intelligence-human workforce where humans work alongside agents, according to a new survey by KPMG. The survey, which polled more than 300 executives at Canadian companies, found more than three-quarters (77 per cent) of respondents said they’re already using agentic AI […]
It’s that time of the year when the larger Canadian public pension funds share their 2025 results. Every year, this reporting period leads to comparisons and discussions about how good these pension funds really are. This year won’t be different and, given the variability in the performances, perhaps more intense than ever. Some independent thinkers […]
The Ontario Teachers’ Pension Plan is appointing Feifei Wu as senior managing director of investment technology and applied intelligence, effective immediately. In the role, Wu will oversee the organization’s AI strategy and collaborate with investment leaders to ensure technology enables key business outcomes. She’ll report to Terry Hickey, chief technology officer at the Ontario Teachers’. […]
Nearly nine in 10 (88 per cent) of global employers agree artificial intelligence will require their workforce to develop new skills and rank human capabilities such as adaptability, leadership and change management as the most critical drivers of success in the next three years, according to a new survey by Aon. The survey, which polled […]
An article on the federal government’s spring economic update, including the creation of Canada’s first sovereign wealth fund, was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Canada launching first sovereign wealth fund for large infrastructure projects, making […]
While artificial intelligence isn’t a novel concept in benefits administration, all sides of the industry are still considering best uses and areas for improvement. 1Password’s benefits provider incorporates AI for data analytics, as well as typical service requests and personalization, says Katya Laviolette, the software company’s chief people officer. For employees looking for different resources, […]
In its sophomore year under its new branding, the Employee Savings Survey (previously known as the CAP Member Survey) reflects the changing landscape of workplace savings programs as plan members face competing financial priorities and employers step up to expand their offerings. Going even further, some of this year’s results were broken down into different […]
Liam O’Sullivan remembers what it was like for fixed income asset managers before technology started taking over. When his firm RP Investment Advisors began doing business in 2009, portfolio managers had to manually look through pricing runs from dealers and write down buying and selling opportunities on the back of an envelope alongside a calculation […]