Financial stress is an ever-present concern for many employees — among women, it’s even more pronounced. A survey by the Financial Resilience Institute found almost two-thirds (72 per cent) of women said money worries cause them emotional stress, eight percentage points higher than men, while 71 per cent of Canadian women are stressed about not […]
EY Canada is supporting employee well-being by expanding its list of reimbursable wellness expenses and introducing a series of financial education seminars. Employees can now be reimbursed for purchases such as mattresses, pillows, board games and Lego kits, as well as classes and supplies for personal enrichment including cooking, music, photography, languages and mindfulness. Workers […]
Bell Canada’s defined benefit and defined contribution pension plans are both overseen by the same pension committee. The meeting cadences differ, but the committee leans on its DB knowledge to make sure it’s addressing similar risks in the DC plan, says Robert Marchessault, the organization’s director of pensions and benefits. For the DB plan, which […]
UAP Inc. is supporting employee financial well-being and retirement readiness with an enhanced retirement toolkit. The toolkit contains a range of information for employees approaching retirement, from financial preparation — including information on the company’s pension and budgeting tips — to the potential impact on mental health that can take place after exiting a full-time […]
When the Canadian Association of Pension Supervisory Authorities updated its capital accumulation plan guideline in September 2025, the Co-operative Superannuation Society Pension Plan conducted an audit to gauge its alignment with the document’s current form. “We found, for the most part, the CSS was already meeting a lot of the standards, as far as I […]
A continued rally in equity markets in the third quarter of 2025 strengthened retirement income outcomes for capital accumulation plan members, according to a new report by Eckler Ltd. Optimism around trade negotiations, a U.S. Federal Reserve rate cut and steady enthusiasm for artificial intelligence supported markets through the period. As a result, the consultancy’s […]
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 […]
The federal government is investing $29.9 million in the Service Employees International Union Healthcare’s retirement savings program to strengthen retirement security for Canada’s homecare workers. The funding, announced earlier this month by SEIU Healthcare and Common Wealth alongside Minister of Jobs and Families Patty Hajdu, will provide more than 5,000 personal support workers and other […]
A rebound in public equities markets in the second quarter of 2025 has positively impacted retirement outcomes for capital accumulation plan members, according to a new report by Eckler Ltd. The consultancy’s latest CAP income tracker found a typical male member retiring at the end of June 2025 achieved a gross income replacement ratio of 65.9 per […]
While workplace savings programs have traditionally focused on retirement, there has been a shift in recent years to facilitate employees’ changing financial priorities and savings journeys. Benefits Canada’s 2025 Employee Savings Survey (formerly known as the CAP Member Survey) found three-quarters (73 per cent) of Canadian employees ranked paying for day-to-day expenses among their top […]