An article on Ottawa Community Housing Corp.’s benefits communication strategy was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Ottawa Community Housing Corp. communicating employee benefits through monthly awareness campaigns 2. Only 27% of Canadian companies have a […]
With Bill C-15 receiving royal assent, the federal government is moving forward with pension reforms that allow thousands of frontline workers to retire after 25 years of service without penalty, according to a press release by the Public Service Alliance of Canada. This reform was first confirmed in the 2025 federal budget. The changes amend the Public Service […]
The federal government is proposing amendments to pension regulations aimed at increasing flexibility for plan members and improving retirement security. The proposed changes would allow members of federally regulated defined contribution pension plans who receive variable benefits to unlock up to 50 per cent of their pension funds within the plan. This would align their options […]
The Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline led CPP Investments to sharpen accountability and governance risk globally, according to Marina Lodyga, the investment organization’s director of pension and benefits, during a session at Benefits Canada’s 2026 Defined Contribution Plan Summit. CPP Investments has around 500 workers across eight global offices […]
In its 2026 budget, the Quebec government said it intends to enhance the appeal of voluntary retirement savings plans amid low uptake of the savings vehicle. This includes the introduction of a minimum contribution rate of two per cent of salary and the possibility of closing inactive accounts in certain situations, according to a statement […]
In its sophomore year under the Employee Savings Survey banner, Benefits Canada’s annual check in with plan members about their financial priorities and the condition of their workplace savings journeys dove deeper into the demographic data. In a virtual panel discussion on March 30, industry experts shared their views on the 2026 results by exploring the […]
Canadian plan members reported a significant drop in the amount they believe they need to retire — from roughly $1.4 million in 2023, 2024 and 2025 to $976,835 in 2026, according to Benefits Canada’s 2026 Employee Savings Survey. The survey, which polled 500 Canadian savings plan members, also found younger and middle-aged respondents reported requiring […]
In its 2026 budget on Thursday, the Ontario government proposed doubling the pension benefits guarantee fund’s monthly guarantee limit from $1,500 to $3,000 for all eligible plan beneficiaries, the largest increase since the PBGF was created in 1980. It cited a recent review of the PBGF that found the fund had $1.3 billion in net […]
The bankruptcy of the Hudson Bay Co. and subsequent loss of promised supplemental employee/executive retirement plan benefits to executives has caused many to rethink the value of these plans and the security of promised benefits. SERPs are now common in most public corporations. In their simplest form, they can be nothing more than a letter […]
An article on the ongoing governance crisis at the Colleges of Applied Arts and Technology’s pension plan was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. CAAT places Derek Dobson on administrative leave, appoints acting CEO 2. FSRA […]