The Pension Investment Association of Canada will monitor the ongoing progress of several policies related to environmental and sustainability solutions. Last year’s federal budget indicated greenwashing provisions would be coming to the Competition Act at a time when the pension association has advocated for clear and flexible environmental, social and governance reporting guidelines, which would […]
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 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 […]
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 […]
An article on proposed changes to preferred pharmacy networks outlined in the Ontario government’s fall economic statement 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. Ontario taking steps to end preferred pharmacy networks, introducing VPLA framework 2. […]
In its fall economic statement, the Ontario government said it plans to introduce legislation that would effectively end preferred pharmacy networks in the province. The legislation, based on the province’s findings from two consultations, would enable an ‘any willing provider’ framework — in which any pharmacy willing to match a PPN’s financial terms could join […]
An article announcing the finalists of the 2025 Workplace Benefits Awards 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. Who are the finalists of the 2025 Workplace Benefits Awards? 2. Employee’s termination following mental-health leave not discriminatory: […]
In its pre-budget submission to the federal government, the Canadian Life and Health Insurance Association highlighted variable payment life annuities, automatic features in pension plans, pharmacare and virtual health care as areas that require attention. While the CLHIA said it supports the concept of VPLAs as a decumulation solution for defined contribution plan members, it […]
Quebec’s pending implementation of variable payment life annuities would benefit more from a principles-based approach rather than a prescriptive framework, said the Canadian Institute of Actuaries. In an open letter to the provincial government, the CIA said such an approach would allow for a more flexible and effective rollout and would encourage innovation while continuing […]