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 […]
Amid all of the Canadian industries impacted by tariffs imposed by U.S. President Donald Trump, targeting the production of aluminum shows a misunderstanding of the industry, said Douglas Porter, chief economist and managing director at BMO Financial Group, during a session at Benefits Canada’s 2025 Defined Contribution Plan Summit on Feb. 28. “Frankly, not to […]
The federal government has put together a $6.5-billion aid package and is making temporary changes to the employment insurance program to support Canadian businesses and workers through the trade war with the U.S. The government is building new flexibility into the employment insurance program to help businesses retain workers by reducing work hours. Read: How […]
On Dec. 6, 2024, leaders from Canada’s defined benefit pension plan sponsor community, alongside thought leaders and investment experts, came together at the Omni King Edward Hotel in Toronto to shed light on 2024’s challenging economic landscape and make informed predictions about the hurdles and opportunities ahead. Find out what you missed! Canadian economy on high alert for impact […]