spending – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 03 May 2024 21:03:19 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 What plan sponsors should know ahead of rollout of new obesity drugs in Canada https://www.benefitscanada.com/benefits/health-benefits/what-plan-sponsors-should-know-ahead-of-rollout-of-new-obesity-drugs-in-canada/ Mon, 01 Apr 2024 13:00:03 +0000 https://www.benefitscanada.com/?p=153707 A new generation of glucagon-like peptide-1 drugs approved for the treatment of obesity will soon be available in Canada, presenting an opportunity for plan sponsors to meet members’ health and wellness needs. It’s important for employers to consider meeting with their insurer now to find out how the rollout of these drugs will affect their […]

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]]> U.S. pension spend generated US$1.3 trillion in economic output in 2020: report https://www.benefitscanada.com/pensions/retirement/u-s-pension-spend-in-2020-generated-us1-3-trillion-in-economic-output-report/ Mon, 09 Jan 2023 14:00:35 +0000 https://www.benefitscanada.com/?p=132203 Retiree spending of public and private sector pension benefits generated US$1.3 trillion in total economic output in the U.S. in 2020, supporting nearly 6.8 million jobs during the onset of the coronavirus pandemic, according to a new report by the National Institute on Retirement Security. It also found $612.6 billion in pension benefits were paid […]

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]]> 84% of stressed Canadian employees saving less than 5% of their pay: survey https://www.benefitscanada.com/news/bencan/84-of-stressed-canadian-employees-saving-less-than-5-of-their-pay-survey/ Tue, 20 Sep 2022 13:00:19 +0000 https://www.benefitscanada.com/?p=127045 The majority (84 per cent) of employees who say they’re feeling stressed are saving less than five per cent of their pay, according to a new survey by the National Payroll Institute and the Financial Wellness Lab of Canada. The survey, which polled more than 3,000 Canadian employees, also found workers are saving less than […]

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]]> Bidenomics: More stimulus, tougher regulation and gridlock https://www.benefitscanada.com/canadian-investment-review/cir-news/bidenomics-more-stimulus-tougher-regulation-and-gridlock/ https://www.benefitscanada.com/canadian-investment-review/cir-news/bidenomics-more-stimulus-tougher-regulation-and-gridlock/#respond Thu, 12 Nov 2020 05:25:46 +0000 https://cumulus.benefitscanada.com/uncategorized/bidenomics-more-stimulus-tougher-regulation-and-gridlock/ President-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress that will hinder his ability to address the challenges. Yet despite the obstacles, the former vice-president and senator will pursue a drastic shift in America’s economic policy. He has vowed to reverse much of the […]

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