In its 2025 budget, the federal government announced several initiatives to incentivize institutional investors to back domestic infrastructure and business ventures. The budget proposed $1 billion on a cash basis over three years, starting in 2026-27, for the Business Development Bank of Canada to launch a venture and growth capital catalyst initiative, a fund-of-funds that […]
The majority (82 per cent) of Canadian employers say cost is their primary consideration when defining and reviewing benefits, compared to 66 per cent of global organizations, according to a new survey by MBWL International and Normandin Beaudry. The survey, which polled more than 350 employers across 100 countries, found more than half (54 per […]
Canadian employers in sectors that have been hardest hit by the U.S. trade war can support employees’ mental and financial wellness by communicating clearly about the potential impact and available benefits and resources. A recent survey of 400 Canadian employers by Mercer Canada found while half (48 per cent) of all respondents are still determining […]
An article outlining the implications of a single-payer universal pharmacare system was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investmnet stories of the past week: 1. Sounding Board: What plan sponsors should know about pharmacare 2. Meet the 2024 Workplace Benefits Awards judges 3. Mental-health claims by Canadians up […]
Amid an uncertain job market and cost-of-living worries, employers can harness the benefits of artificial intelligence to help employees with reskilling and career development, says Candy Ho, professor at Kwantlen Polytechnic University and board chair at non-profit organization CERIC. “I think we’ve got a huge opportunity ahead of us with AI and, not jobs being […]