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 […]
One academic argues in favour of public equity’s transparency in a volatile economy, while another looks to private equity’s future gains. Yuanshun Li, associate professor, interim chair, finance, Toronto Metropolitan University In today’s climate of persistent inflation, uneven global growth and a recent pivot towards monetary easing, investors are rightly re-evaluating risk. While private equity […]
With inflation still squeezing household budgets, interest rates elevated compared to pre-pandemic norms and an ageing workforce heading towards retirement, employees are under more pressure than ever to make the right financial decisions. For many, their workplace savings plan is the cornerstone of their retirement, but without proper guidance they risk costly mistakes during this […]
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 […]
The average Canadian defined benefit pension plan returned 4.4 per cent in the third quarter of 2025, up from 1.6 per cent in the second quarter, according to a new report by the Royal Bank of Canada Investor Services. This growth was driven by a broad-based mix of equity and fixed income contributions, the report […]
While Canadians have a better sense of the savings they’ll need to retire comfortably, they may still be underestimating the true cost, according to research presented by Jon Knowles, institutional portfolio manager for global asset allocation at Fidelity Investments, during Benefits Canada‘s 2025 DC Investment Forum. Canadians over age 45 estimated they’d need an average […]
After a “Goldlilocks period” of low inflation and economic stability in the 2010s, the coming decades are expected to be marked by a higher cost of living and broader economic turbulence. Defined contribution plan members’ portfolios need to be “structured for this new reality,” said Nicole Lomax, vice-president, director and lead of institutional asset allocation […]
KPMG in Canada is aiming to boost plan member engagement with its retirement savings programs with a host of changes, including a refreshed defined contribution plan investment lineup, a new first home savings account, financial education programming, digital tools and switching record keepers. The changes, launched in early October, stemmed from a review of the […]
The funded status of a typical defined benefit pension plan in Canada increased on both a solvency basis and on an accounting basis in September, according to a new report by Telus Health. The solvency index for plans grew to 107.4 per cent, compared to 105.8 per cent at the end of August, while the […]
Alberta’s Local Authorities Pension Plan is lowering its 2026 contribution rates and providing members with a cost-of living adjustment due to the plan’s strong financial position. Contribution rates for both plan members and employers will decrease by roughly one per cent for next year, with surplus funds making up the difference, according to a press […]