private sector – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 29 Apr 2024 14:20:04 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 CPPIB establishes student housing real estate investment platform, sells holdings in sports management firm https://www.benefitscanada.com/canadian-investment-review/alts/cppib-establishes-student-housing-real-estate-investment-platform-sells-holdings-in-sports-management-firm/ Fri, 05 Apr 2024 19:00:21 +0000 https://www.benefitscanada.com/?p=153952 The Canada Pension Plan Investment Board is investing up to $40 million in the creation of a real estate investment platform dedicated to purpose-built student accommodation opportunities in Europe. The new group is being created through the CPPIB’s acquisition of Nido Living (which will be a wholly owned but independently-operated portfolio company), as well as its […]

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]]> N.S. legislation allowing private employers to transfer pensions into PSSP https://www.benefitscanada.com/pensions/governance-law/n-s-legislation-allowing-private-employers-to-transfer-pensions-into-pssp/ Thu, 23 Nov 2023 14:00:16 +0000 https://www.benefitscanada.com/?p=147565 Nova Scotia-based private employers can now transfer their pension plans into the Public Service Superannuation Plan. The Private Sector Pension Plan Transfer Act, which received royal assent on Nov. 9, provides all employers based in the province with the option of offering or continuing to offer a defined benefit pension plan with a prescribed funding […]

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]]> More than 6.6M Canadians participating in employer-sponsored pension plans: StatsCan https://www.benefitscanada.com/pensions/retirement/more-than-6-6-million-canadians-participating-in-employer-sponsored-pension-plans-stats-can/ Wed, 20 Jul 2022 13:00:47 +0000 https://www.benefitscanada.com/?p=124425 The percentage of Canadians participating in an employer-sponsored pension plan continues to rise, with roughly 6.6 million plan members in 2020, up 57,000 from 2019, according to a new report from Statistics Canada. It found more than 4.4 million Canadians were covered by a defined benefit pension plan in 2020, up 1.7 per cent from 2019, noting the majority (72 […]

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]]> Top 5 HR, benefits and pension stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-and-pension-stories-of-the-week-7/ Fri, 13 May 2022 13:00:18 +0000 https://www.benefitscanada.com/?p=121427 An article on the potential future of pension plans in the private sector was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Expert panel: Are private sector employers heading toward a pension renaissance? 2. A third of Canadian employees retiring sooner than planned: survey 3. Mental-health […]

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]]> Expert panel: Are private sector employers heading toward a pension renaissance? https://www.benefitscanada.com/expertpanel_/gavin-benjamin/expert-panel-are-private-sector-employers-heading-toward-a-pension-renaissance/ Tue, 10 May 2022 13:05:23 +0000 https://www.benefitscanada.com/?p=121041 Pension coverage in the public sector is high, with the vast majority of public sector employees covered by a defined benefit pension plan. However, the story is very different in the private sector as pension coverage is much lower and is trending downwards. Only 22 per cent of private sector employees participated in a registered […]

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