The assets of Canada’s top 10 capital accumulation plan providers increased by 12.9 per cent over the previous year, from roughly $250,366 million at June 30, 2022 to $282,772 million at June 30, 2023, according to the latest report by the Canadian Institutional Investment Network. The CIIN, which is a companion site to Benefits Canada […]
In recognition of its diverse workforce, the British Columbia Lottery Corp. is allowing employees to substitute up to six statutory holidays in a calendar year for other personal, cultural or religious days of significance to them. “The program is part of our overall inclusiveness and belonging culture,” says Madhavee Inamdar, the BCLC’s manager of diversity, […]
A story about why employers might want to reconsider urging employees to use up their benefits was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week. 1. Expert warns against urging employees to use up benefits by end of year 2. Worker demand […]
Hub International Ltd. is acquiring Montreal-based CGC Consultants Inc. CGC is an advisory firm that specializes in human resources strategy, recruitment, pay equity, global compensation, governance and communication, according to a press release, which noted Claudio Gardonio, managing partner at CGC, will join Hub Quebec. Read: Hub acquiring Calgary benefits provider Hub is also acquiring […]
A majority (89 per cent) of organizations are experiencing difficulty finding skilled professionals, according to a survey by Robert Half Canada. The survey, which polled more than 1,000 employers, found more than half (54 per cent) said they plan to add new permanent positions in the first six months of the year, while another 40 […]
A story on whether the federal government should follow the U.K.’s lead and enshrine flexible working into law was the most-read human resources story on BenefitsCanada.com this year. Here are the 10 most popular HR news stories of 2023: 1. Should Canada implement flexible working legislation for all workplaces? 2. How recent Canada Labour Code updates are impacting federally […]
The TD Bank Group has taken significant steps toward promoting diversity, equity and inclusion, says the bank’s first racial equity audit, noting it could do more on aspects like consistency and measurement. TD was the first of Canada’s big six banks — and among the first companies in Canada — to agree to conduct such an audit […]
A story on how plan sponsors and insurers are considering covering weight-loss drugs as part of a broader push towards more inclusive benefits was the most-read benefits story on BenefitsCanada.com this year. Here are the 10 most popular benefits news stories of the year: 1. How plan sponsors, insurers are considering coverage of weight-loss drugs amid rising […]
Between 2000 and 2022, the average retirement age among Canadians climbed from 61.6 to 64.6, the highest it’s been since 1982, according to data from Statistics Canada. The agency’s June 2023 labour force survey found 22 per cent of Canadians aged 55 to 59 were either partially or completely retired. The same was true of […]
Since this month’s editorial is my farewell (for just five months) as I prepare for the birth of my second child at the end of 2023, sitting down to write it prompted me to look back at my editorial three years ago when I was getting ready to become a parent for the first time. […]