The average Canadian defined benefit pension plan returned 0.6 per cent during the fourth quarter of 2025, down from 4.4 per cent in the previous quarter, according to a new report by the Royal Bank of Canada Investor Services. It found the average DB plan returned 7.9 per cent for the full year, down from […]
The Financial Services Regulatory Authority of Ontario is appointing Wing-Yee Wong as its chief financial officer, effective Feb. 2, 2026. Wong brings more than 20 years of financial leadership experience in complex public sector environments, according to a press release. Most recently, she served as finance, procurement and logistics director at Elections Ontario, where she […]
A survey of older Canadian employees by the National Institute on Ageing at Toronto Metropolitan University was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. 22% of older Canadians have saved $5,000 or less for retirement: survey 2. […]
The University Pension Plan of Ontario is welcoming two new plan participants. Wilfrid Laurier University is the sixth university to join the plan, along with Laurier’s eligible faculty and staff and affiliated organizations. The UPP also welcomed the staff of the University of Ontario Institute of Technology Faculty Association. Read: Wilfrid Laurier Pension Plan members […]
Older Canadians’ retirement confidence is dropping amid longer life expectancies and a rising percentage of employees who continue to work past age 65, according to a new survey by the National Institute on Ageing at Toronto Metropolitan University. The survey, which polled more than 6,000 Canadians aged 50 and older, found one in five (22 […]
Alberta’s Local Authorities Pension Plan and Public Service Pension Plan have launched a new board education program aimed at strengthening governance by equipping trustees with practical, decision-ready knowledge for an increasingly complex pension environment. Developed over two years in collaboration with stakeholders, the program responds to a comprehensive review of board learning needs and reflects […]
After an eventful 2025, there are several developments and trends affecting Canadian defined benefit pension plan sponsors in 2026. Focus on investment strategy Major equity markets performed well in 2025, which was a key driver for another year of improved funded positions for many DB pension plans. Although most pension plans are well funded today, […]
An article on Skip’s enhanced fertility and mental-health coverage was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Skip delivering enhanced fertility, mental-health coverage 2. Caisse acquiring minority stake in private credit platform, Ontario Teachers’ joins funding round […]
In 2026, the Canadian Institute of Actuaries will continue to focus on the impact of climate risk on several areas, including pension investments, says Angelita Graham, a partner at Mercer Canada and president of the CIA. Last year, the organization began working with Université du Québec à Montréal for its research chair in actuarial and […]
Laurentian Bank of Canada is buying group annuity contracts to cover the responsibility for pension benefits owed to about 400 retirees, beneficiaries and deferred pension members. The bank says the deal with Canadian insurer Assuris transfers about $60 million in obligations and related assets in connection with its three registered defined benefit pension plans. Read: Fraser […]