Canada’s life and health insurers paid out a record $143.3 billion in health and retirement benefits last year, up from $128 billion in 2023, according to the Canadian Life and Health Insurance Association’s annual fact book. “At a time when our country is facing economic uncertainty and our health-care system is under strain, life and […]
An Ontario arbitrator has confirmed the validity of the long-term disability exception to the mandatory retirement rule. When Ontario eliminated mandatory retirement in 2006, the legislation provided an exception for insured employment benefit plans to maintain a cutoff based on age. “This was intended to avoid destabilizing existing insurance plans while still permitting parties to […]
An article announcing the finalists of the 2025 Workplace Benefits Awards 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. Who are the finalists of the 2025 Workplace Benefits Awards? 2. Employee’s termination following mental-health leave not discriminatory: […]
The Human Rights Tribunal of Alberta has ruled that termination of employment on the day an employee returns from a year-long mental-health leave doesn’t, in and of itself, support a discrimination complaint. “In this case, the employer had valid grounds for termination before the medical leave started, and the fact that the complainant’s case had […]
Gender differences in mental health manifest through biology, gender roles and cultural expectations, according to Carmen Bellows, registered psychologist and director of mental health solutions at Sun Life Financial Inc., during a session at Benefits Canada’s 2025 Mental Health Summit. Taking all mental-health disorders into account, she said there are no gender differences in the […]
While successfully reintegrating employees into the workplace following an illness or injury clearly benefits the returning employee, it also benefits employers by enabling employees to continue contributing to the organization and mitigating costs such as premiums. During a session at Benefits Canada’s 2025 Mental Health Summit, Robert Cross, senior director of claims, contact centres, group […]
Women’s mental health has historically been underfunded and under-researched, with just three per cent of neuroscience and psychiatry studies between 2009 and 2019 conducted exclusively in females, compared to about 30 per cent in males, according to research cited by Manulife Canada’s Georgia Pomaki during a session at Benefits Canada’s 2025 Mental Health Summit. Yet, […]
An article on Canadian institutional investors’ potential overexposure to alternative assets 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. Canadian pension funds could be overexposed in alternative assets: expert 2. Employees on LTD more likely to claim […]
When a plan member wants to lose weight but doesn’t know where to start or is unsure what their benefits plan covers, it can feel like a game of snakes and ladders, said Eveline Keable, strategic leader of health, wellness and disability for group benefits and retirement solutions at iA Financial Group, during Benefits Canada’s […]
Canadian employees who are on long-term disability leave are two-times more likely to claim for a chronic disease medication related to a secondary condition and three-times more likely to claim for medication treating two or more symptoms than those who aren’t on LTD, according to a new report by Sun Life Financial Inc. The report […]