Fidelity Canada’s financial wellness program was recognized during Benefits Canada’s 2025 Workplace Benefits Awards for its ‘no strings attached’ approach to contributions in employees’ group registered retirement savings plans. The financial services firm earned the recognition for easing employees’ retirement stresses by contributing to all eligible full- and part-time workers’ group RRSPs without requiring employees […]
The majority of Canadian employees (70 per cent) say their productivity has declined due to worsening mental health, according to a new report by Telus Health. The report, which analyzed employee responses from the company’s 2024 and 2025 mental-health indexes, found 40 per cent of workers are living with constant stress, with those younger than […]
Eight in 10 (80 per cent) Canadian employees with a professional financial plan say they’re able to retire at their desired age, compared to 72 per cent who created their own plan and just 36 per cent of workers who don’t have a plan, according to a new survey by KPMG in Canada. The survey, […]
When Bell Canada was communicating defined contribution plan changes to members in 2024, it turned to artificial intelligence to help personalize its message to all of its 25,000 plan members. The redesign, which aimed to respond to members’ different financial priorities, enhanced the company’s savings options with a first home savings account, a tax-free savings […]
In a year marked by an ongoing trade war and threats of tariffs by U.S. President Donald Trump and against a backdrop of rising costs, Canadian employers are reconsidering their total rewards and talent management strategies. “A lot more attention is being paid to total rewards, such as how we’re paying people,” says compensation and […]
Amazon.com is supporting employee education by pre-paying 100 per cent of tuition, up to a yearly maximum, for college programs offered through its Career Choice program. Employees will no longer pay a five per cent contribution to tuition costs and the company has also expedited the eligibility period for employees to participate in the program […]
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 […]
Nearly nine in 10 (89 per cent) Canadians with life insurance say it supports their mental well-being, particularly by providing peace of mind that their loved ones will be financially protected and reducing worry about debts and final expenses, according to a new survey by Blue Cross. The survey, which polled more than 2,100 Canadians […]
While Canadian retirees have a good understanding of longevity risk, in recent years, many are withdrawing less income from their workplace retirement savings plans, says Dave Jones, senior vice-president of group retirement services at Sun Life Financial Inc. “If you go back to just a couple years to 2022, people really shift from drawing more […]
Canadian employers are projecting a 3.11 per cent increase in average base salaries for non-unionized workers in Canada for 2026, reflecting a continued slowdown in wage growth since 2023, according to a new report from Telus Health. The report, based on data from more than 375 Canadian organizations across various industries, found by province, Manitoba […]