Tourism Kingston is supporting employee financial well-being and retirement readiness with a new group registered retirement savings plan. The program, provided by the Empire Life Insurance Co., provides members with streamlined investment options that align with their retirement timelines, says Claire Matthews, the organization’s people and culture coordinator. “It’s a fully digital experience and it’s […]
Half (50 per cent) of Canadian employers are now offering financial planning services and 42 per cent are providing financial literacy resources, according to a new report by Arthur J. Gallagher & Co. This is a significant increase from 2024, notes Pat Leo, vice-president of Toronto retirement at Gallagher. “With carriers in Canada now offering some […]
As cost-of-living pressures continue to shape employee expectations, holiday gift-giving in the workplace is becoming less about tradition and more about equity, flexibility and psychological safety. For employers, the challenge is balancing recognition with restraint at a time when discretionary spending feels heavier for many employees. At IKEA Canada, that balance starts with consistency and […]
The ongoing retirement surge among baby boomers and the recent push to invest in Canada are creating the perfect conditions for the country to further explore employee ownership trusts and make the relevant legislation permanent, says Elspeth Murray, director of the centre for entrepreneurship, innovation and social impact at Queen’s University’s Smith School of Business. […]
UAP Inc. is supporting employee financial well-being during the holidays by communicating advice and tips on effective spending and saving, says Geneviève Hébert, the company’s senior director of global compensation. “The holidays bring a lot of joy, but there’s a lot of expenses as well, and for some people, it might be stressful to overspend […]
When Grand River Hospital and St. Mary’s General Hospital merged in April 2025, leaders weren’t just bringing together two sites and two cultures, they also had to merge two very different pension arrangements. For years, Grand River had run its own defined benefit plan worth more than $650 million, while St. Mary’s employees had been […]
Confident and knowledgeable group retirement savings plan members are saving 86 per cent more than those with low confidence and literacy, according to a new survey by Sun Life Financial Inc. The survey, which polled more than 1,900 plan members, found nearly a third (30 per cent) believe they have both confidence and strong financial […]
An article on the legal considerations for employers requiring cross-border travel 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. What are the legal considerations for Canadian employers requiring cross-border travel in the Trump era? 2. Financial Literacy […]
Quebec’s finance minister presented an economic update on Tuesday that offered modest savings to taxpayers, as he painted an optimistic picture of the province’s finances heading into an election year. Eric Girard’s update includes decreases to payroll deductions for the provincial pension plan and parental insurance. The reductions, along with adjustments to how personal income […]
An article on how employers can approach pay-for-performance amid economic volatility 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. Expert panel: How employers can rethink pay-for-performance in a volatile economy 2. Survey finds many women aged 55+ […]