Canadians believe they’ll need an average of $1.7 million to retire comfortably, up from $1.54 million in 2024, and more than a third say they’re unlikely to reach that goal, according to a new survey by BMO Financial Group. It found retirement expectations vary significantly by region, with British Columbia reporting the highest average savings […]
Nearly three-quarters (74 per cent) of Canadians say rising inflation has increased concerns about having enough money saved for retirement, according to a new survey by the Bank of Montreal. It found 47 per cent estimated they’re spending an additional $100 to $300 per month on necessities, while 34 per cent said their monthly expenses […]
More than half (56 per cent) of Canadian job seekers believe they’ve applied for a ‘ghost job’ — a posting for a role that an employer has no intention of filling — underscoring growing frustration with opaque hiring practices, salary secrecy and employer silence, according to a new survey by Employment Hero. The survey, which […]
For a typical middle-income Canadian without a workplace pension, the Canada Pension Plan is projected to provide roughly 50 per cent to 70 per cent of their retirement income, according to a new study by the Canada Pension Plan Investment Board and the National Institute on Ageing. It reinforced that CPP benefits aren’t intended to […]
Democratic nations are facing a host of monumental challenges, including a shifting world order, the rapid spread of misinformation, an aging population and a rapidly warming world. Time is of the essence for Canada to mitigate the impacts of these mega trends, said Andrew Coyne, political journalist with the Globe and Mail, in the keynote […]
The median solvency ratio of Canadian defined benefit pension plans reached 129 per cent at the end of the third quarter 2025, up from 126 per cent, according to a new report by Mercer. The increase was attributed to positive returns on equities and fixed income, despite increased liabilities. Read: FSRA finds Ontario DB plans’ […]
Amid rising rates of food insecurity, employers have a role to play in easing immediate challenges and supporting long-term resilience among employees. “With rising food prices impacting everyone, we’ve developed or enhanced a range of programs that support both our employees and the communities where we work and live,” says Chris Pepper, vice-president of corporate […]
The chief executive officer at the Healthcare of Ontario Pension Plan delivered one of the clearest signals to the Canadian market that the Maple 8 pension fund is open for business when it comes to infrastructure projects in the country. “I think Canada needs more infrastructure projects,” said Annesley Wallace, chief executive officer at the […]
Nearly 70 per cent of Canadian employers expect economic factors will have a moderate to significant impact on their compensation decisions in 2026, according to Mercer’s latest compensation planning survey. The survey, which polled more than 500 Canadian companies in July, found employers are focusing on salary benchmarking (63 per cent) and communications of total […]
Home-country bias is a conversation that ebbs and flows, with U.S. investment returns since the 2008/09 financial crisis reigniting the conversation, said Jon Knowles, institutional portfolio manager in global asset allocation at Fidelity Investments. However, it’s important to ask how to appropriately deal with home-country bias against a backdrop where one market and limited diversification […]