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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 […]

  • By: Staff
  • March 13, 2024 March 13, 2024
  • 15:00
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An article on how the Royal Bank of Canada is marking Financial Literacy Month was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. RBC educating employees, reducing stigma around money matters through financial wellness hub 2. CPPIB returns 0.1% in Q2 2024, led by credit, private […]

  • By: Staff
  • November 17, 2023 November 16, 2023
  • 09:00

A group life insurance policy can support employee financial and mental wellness as they pay off debt, mortgages and other liabilities, says Kevin Dorse, assistant vice-president of strategic communications and public affairs at the Canadian Life and Health Insurance Association. “Knowing they have a confirmed payout amount upon death gives comfort to an employee and […]

  • By: Sadie Janes
  • November 14, 2023 November 13, 2023
  • 09:00

The union representing employees at Community Support Centre-Northwest in Dryden, Ont. has ratified a three-year agreement that includes retirement savings and benefits gains. The agreement includes a new group registered retirement savings plan with a 100 per cent employer match when employees contribute up to four per cent to the plan. It also includes four […]

  • By: Staff
  • August 15, 2023 August 15, 2023
  • 09:00
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Total U.S. sales of workplace disability insurance premiums reached $1.7 billion in the first quarter of 2023 — a year-over-year increase of five per cent — driven by a 17 per cent increase in short-term disability insurance sales, according to a new report by LIMRA. It also found sales of long-term disability insurance premiums were down five […]

  • By: Staff
  • July 10, 2023 July 10, 2023
  • 15:00
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The union representing 70 employees at Northern Transformer in Vaughan, Ont. has ratified a four-year collective agreement that includes pension and benefits gains. The agreement introduces a group registered retirement savings plan and a deferred profit-sharing plan in which the company will provide a matching contribution of three per cent of regular earnings, capped at […]

The union representing employees at Ontario-based flooring company Gesco Ltd. Partnership has ratified a three-year collective agreement that includes retirement and paid leave gains. The company will now match all regular employees’ contributions to the group registered retirement savings plan to a maximum of four per cent of their basic annual earnings. The agreement also […]

  • By: Staff
  • March 27, 2023 March 24, 2023
  • 09:00

Sodexo Group is supporting its multinational workforce with parental and care leave, life insurance and an employee assistance phone line. The food services company will provide a minimum of 12 weeks of parental leave for the primary care provider, towards a goal of reaching 14 weeks in most countries. It will also provide two weeks […]

  • By: Staff
  • March 2, 2023 March 1, 2023
  • 09:00
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The union representing 450 employees at Domtar Corp. in Dryden, Ont. has ratified three collective agreements that include benefits and pension gains. The agreements include several group benefits enhancements, including $100 for vision, a $200 increase for dental and orthodontics, a $10,000 increase in life insurance, $1,000 for eye surgery and improvements in short- and […]

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Sales of U.S. workplace supplemental health insurance products totalled US$2.1 billion in the first nine months of 2022, rising 11 per cent year over year, according to a new survey by LIMRA. It also found workplace supplemental health insurers reported a combined total of $453 million in the third quarter of 2022, three per cent […]

  • By: Staff
  • January 17, 2023 January 16, 2023
  • 09:00