insurance companies – Benefits Canada.com

Hub International acquiring London, Ont.-based Zavitz Insurance

lbailey — Wed, 13 Mar 2024 19:00:21 +0000

Hub International Ltd. is acquiring London, Ont.-based Zavitz Insurance & Wealth Inc. Zavitz Insurance provides group employee benefits, living benefits, life insurance services and financial and retirement planning. The organization is the latest acquisition by Hub over the last few years. Read: Hub International acquiring Oakville, Ont.-based Mitchell Sandham Last month, Hub acquired Oakville, Ont.-based Mitchell […]

The post Hub International acquiring London, Ont.-based Zavitz Insurance appeared first on Benefits Canada.com.

Feds’ proposed change to METC could expand workplace coverage of fertility services

Sadie Janes — Mon, 25 Apr 2022 13:00:35 +0000

With the federal government’s 2022 budget proposing to allow expenses related to fertility and surrogacy to be claimed by a wider range of individuals under the medical expense tax credit, will the move lead to increased coverage under workplace benefits plans? The government’s proposal would expand the definition of a patient to include the taxpayer, […]

The post Feds’ proposed change to METC could expand workplace coverage of fertility services appeared first on Benefits Canada.com.

Equities, inflation, legislative changes push annuity transaction volume to record highs

Gideon Scanlon — Thu, 17 Feb 2022 18:15:17 +0000

The strength of equities was among the factors pushing the transaction volume of Canada’s group annuities market to a record high in 2021, according to experts. According to a recent report by LifeWorks Inc., the total volume of group annuities sold in Canada reached $7.5 billion in 2021, up 70 per cent from the previous […]

The post Equities, inflation, legislative changes push annuity transaction volume to record highs appeared first on Benefits Canada.com.

CPPIB sells energy company stake to Ontario Teachers’, Caisse enters joint venture to finance real estate developments

Gideon Scanlon — Thu, 08 Jul 2021 15:00:31 +0000

The Canada Pension Plan Investment Board has reached a deal to sell half of its shares of a Washington-based energy company to the Ontario Teachers’ Pension Plan. According to the terms of the deal, the CPPIB will sell half of its 31.6 per cent stake in Puget Holdings to the Ontario Teachers’ and the other […]

The post CPPIB sells energy company stake to Ontario Teachers’, Caisse enters joint venture to finance real estate developments appeared first on Benefits Canada.com.

Bank of Canada governor says country needs to pick up pace on tackling climate change

mschmit — Wed, 18 Nov 2020 05:49:48 +0000

Canada’s top central banker is making a plea for the country to more quickly address the impacts of climate change to avoid any economic ripple effects on households and businesses. Tiff Macklem made the case in a speech Tuesday that Canada’s financial system needs to become as resilient to climate change as it has been […]

The post Bank of Canada governor says country needs to pick up pace on tackling climate change appeared first on Benefits Canada.com.