In 2026, the Canadian Institute of Actuaries will continue to focus on the impact of climate risk on several areas, including pension investments, says Angelita Graham, a partner at Mercer Canada and president of the CIA. Last year, the organization began working with Université du Québec à Montréal for its research chair in actuarial and […]
An article on the Quebec government’s adoption of legislation for variable payment life annuities was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Quebec adopts VPLA legislation 2. What employers need to know about provincial changes to sick […]
The Healthcare of Ontario Pension Plan has surpassed 500,000 members, including more than 300,000 active members, giving it one of the highest active-to-retired ratios among Canada’s major pension plans. The milestone was reached in late December and reflects the plan’s continued growth alongside Ontario’s health-care sector, according to a press release. Read: HOOPP opening to Ontario […]
As pension regulators narrow their priorities heading into 2026, the Association of Canadian Pension Management is placing greater emphasis on flexible pension plan design, with a focus on member outcomes, governance and clarity. Korinne Collins, chief executive officer at the ACPM, notes flexibility across the accumulation and decumulation stages is rising on the industry’s agenda […]
Tourism Kingston is supporting employee financial well-being and retirement readiness with a new group registered retirement savings plan. The program, provided by the Empire Life Insurance Co., provides members with streamlined investment options that align with their retirement timelines, says Claire Matthews, the organization’s people and culture coordinator. “It’s a fully digital experience and it’s […]
The Quebec government has adopted regulations allowing defined contribution pension plans and voluntary retirement savings plans to offer variable payment life annuities. The regulatory changes establish the framework under which DC plans and voluntary retirement savings plans may offer the lifetime income option, including conditions related to plan design, valuation and administration. The move follows […]
Half (50 per cent) of Canadian employers are now offering financial planning services and 42 per cent are providing financial literacy resources, according to a new report by Arthur J. Gallagher & Co. This is a significant increase from 2024, notes Pat Leo, vice-president of Toronto retirement at Gallagher. “With carriers in Canada now offering some […]
An article on the federal government’s official rebuttal to a 2023 report that argued Alberta is entitled to more than half the assets of the Canada Pension Plan was the most-read pension story on BenefitsCanada.com this year. Here are the top 10 pension stories of 2025: 1. Feds’ report dismisses Alberta’s CPP entitlement, offers formula […]
Alberta Premier Danielle Smith’s hand-picked panel re-examining the province’s relationship with Ottawa says it’s time to hold a province-wide referendum on quitting the Canada Pension Plan. The Alberta Next panel, in a report with findings and recommendations, says creating a provincial pension plan was the most hotly debated topic among citizens and one that needs to proceed to […]
The total assets of the base Canada Pension Plan are projected to increase from $651 billion at the end of 2024 to $963 billion by 2030 and reach $2.9 trillion by 2050, according to an actuarial report from the federal government. The additional assets held in the CPP will grow to $1.4 trillion by 2050, […]