Canadians believe they’ll need an average of $1.7 million to retire comfortably, up from $1.54 million in 2024, and more than a third say they’re unlikely to reach that goal, according to a new survey by BMO Financial Group. It found retirement expectations vary significantly by region, with British Columbia reporting the highest average savings […]
An article on the impact of a discrimination lawsuit against a bureau of the Canadian Broadcasting Corp. 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. Discrimination lawsuit underscores reputational, accommodation risks for employers: expert 2. Heated rivalry […]
The Ontario Municipal Employees’ Retirement System earned a six per cent net investment return in 2025, generating $8.2 billion in net investment income, according to the investment organization’s latest financial report. Read: OMERS returns 2.2% in first half of 2025, net assets reach $138.2 billion It noted the OMERS increased its net assets to $145.2 billion […]
Strong equity markets, supported by two additional U.S. Federal Reserve rate cuts and continued momentum across sectors related to artificial intelligence, strengthened retirement income outcomes for capital accumulation plan members in the fourth quarter of 2025, according to a new report by Eckler Ltd. The consultancy’s latest CAP income tracker found a typical male CAP […]
Nearly half (48 per cent) of Canadian employees are contributing as much as they can afford to their workplace retirement plans, but only 41 per cent believe their contributions — including employer matches — will be enough to ensure a comfortable retirement, according to a new survey by T. Rowe Price. The Canadian portion of […]
Nearly three-quarters (74 per cent) of Canadians say rising inflation has increased concerns about having enough money saved for retirement, according to a new survey by the Bank of Montreal. It found 47 per cent estimated they’re spending an additional $100 to $300 per month on necessities, while 34 per cent said their monthly expenses […]
The Financial Services Regulatory Authority of Ontario is marking its fourth annual Pension Awareness Day today by encouraging employees to understand their employer-sponsored retirement plan and ensure they’re on track to retire comfortably and on time. This year’s campaign is focusing on the FSRA’s three keys to retirement security: employees’ understanding of workplace pension plans, […]
An article on the removal of the board chair at the Colleges of Applied Arts and Technology 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 pension plan board chair removed amid ongoing governance emergency […]
It took Peter Deitz eight years to figure out the best way to sell his business. But it wasn’t until the federal government opened up a new option for succession planning that he found the right buyer: his own employees. Deitz — co-founder of Grantbook, a Toronto-based firm that supports organizations doling out grants to […]
A proposed retirement plan tax credit for small- and medium-sized employers could reduce cost barriers to offering employer-sponsored retirement programs, according to a new report by the C.D Howe Institute. It noted more than nine million working Canadians lack access to a workplace retirement plan, with the gap most pronounced among employees of SMEs. As […]