Although women must work two years longer than men to be retirement ready, they still retire with 30 per cent less wealth than their male counterparts, according to a Mercer Canada retirement readiness report. The report found women enter retirement with lower retirement savings than men and they also must work longer to achieve retirement […]
Uber Technologies Inc. is asking provincial governments across Canada for regulatory changes that would force the tech giant and other app-based companies to offer gig workers benefits and safety protections. The San Francisco-based company said Wednesday it wants the provinces to require app-based gig employers to accrue benefits funds for workers and provide safety tools […]
More than half (54 per cent) of Canadians experiencing mental-health issues haven’t sought medical support, according to a new survey by Sun Life Financial Inc. Of those Canadians who haven’t sought support for a mental-health issue, 31 per cent said they felt they didn’t need help, while 25 per cent said they couldn’t afford it and […]
Women in Canada have long been walking a tightrope as they try to meet work with family responsibilities, but the ongoing coronavirus pandemic has seen some working women opting to walk away from trying to continually balance professional and personal obligations. According to a Royal Bank of Canada report in April 2020, women’s participation in […]
Germany-based Munich Re is acquiring Canada’s Group Health Group Holdings Inc. Munich Re New Ventures Inc., which previously held a 40 per cent stake in GroupHEALTH, will now own 100 per cent of the company. Matt Houghton, chief executive officer of GroupHEALTH, will continue to lead the company with his executive team, according to a […]
Possibly getting rich quick with a few swipes on one’s phone certainly sounds appealing and based on recent statistics and news reports, more and more Canadians are diving headfirst into the choppy do-it-yourself investing waters. According to Investor Economics, a financial services research firm, Canadians opened more than 2.3 million gross new accounts between January […]
Almost half (46 per cent) of Canadian employees said monetary performance bonuses make them feel most appreciated by an employer, according to a poll done in late February by LHH Knightsbridge. The second most popular perk employees said makes them feel appreciated is receiving recognition from a superior for their good work at 30 per […]
Employees were increasingly using digital mental-health-care options for years, but the coronavirus pandemic shifted the trend into high gear. Since the World Health Organization declared the coronavirus a global pandemic almost one year ago on March 11, 2020, providing some health-care virtually instead of in-person has become the norm. By the end of March 2020, […]
Medavie Blue Cross and Medical Confidence, recently acquired by CloudMD, are providing select plan members on disability with access to a personalized health-care navigation service that aims to reduce wait times to see a specialist. Read: CloudMD acquiring EAP provider, health-care navigation platform and a digital-health company According to a press release, the MedExcellence program will align with […]
The Canadian Life and Health Insurance Association is opening a government-affairs office serving Western Canada. The Calgary-based office will support the CLHIA’s members operating in the west and work with provincial and territorial governments and other regional stakeholders, according to a press release. The office is the association’s first permanent operation west of Toronto and will […]