Telus Health – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Apr 2024 20:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Canadian DB pension plan assets decline 0.6% in May: report https://www.benefitscanada.com/canadian-investment-review/db-investments/canadian-db-pension-plan-assets-decline-0-6-in-may-report/ Thu, 15 Jun 2023 16:30:30 +0000 https://www.benefitscanada.com/?p=139819 The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in May, according to a new report by Telus Health. During the month, the solvency of the average DB plan dipped by 0.6 per cent, falling to 101.4 per cent. The balance […]

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]]> Canadian DB pension plan solvency down 0.7% in February: report https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-db-pension-plan-solvency-down-0-7-in-february-report/ Tue, 21 Mar 2023 16:30:45 +0000 https://www.benefitscanada.com/?p=135490 The funded position of a typical Canadian defined benefit pension plan fell slightly on a solvency basis and rose on an accounting basis in February, according to a new report by Telus Health. During the month, the solvency of the average DB pension plan dipped by 0.7 per cent, falling to 101.3 per cent. The […]

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]]> Telus completes acquisition of LifeWorks https://www.benefitscanada.com/benefits/health-benefits/telus-completes-acquisition-of-lifeworks/ Fri, 02 Sep 2022 19:00:04 +0000 https://www.benefitscanada.com/?p=126322 Telus Corp. has completed its previously announced acquisition of LifeWorks Inc. With the completion of the $2.9 billion transaction, LifeWorks has become a wholly owned subsidiary of Telus and will be integrated into Telus Health, according to a press release. Read: Telus acquiring LifeWorks for $2.9 billion “We are excited to be joining the Telus Health […]

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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-12/ Fri, 17 Jun 2022 13:00:22 +0000 https://www.benefitscanada.com/?p=122930 An article on the possible surge of disability claims linked to long-haul coronavirus and remote work injuries was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Employers can expect surge of claims linked to long-haul coronavirus, remote work injuries: lawyers 2. 74% of employers say […]

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]]> Telus acquiring LifeWorks for $2.9 billion https://www.benefitscanada.com/benefits/health-wellness/telus-acquiring-lifeworks-for-2-9-billion/ Thu, 16 Jun 2022 14:00:46 +0000 https://www.benefitscanada.com/?p=122877 Telus Corp. is acquiring LifeWorks Inc. for a total transaction value of $2.9 billion. The agreement will see Telus purchase the digital health and wellness provider for the total consideration of about $2.3 billion in cash and the assumption of about $600 million in LifeWorks’ debt, said Doug French, Telus’ chief finance officer and executive […]

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