Home Blake Wolfe

The ongoing coronavirus pandemic has made legislated bereavement leave policies top of mind for both employers and employees. As of Sept. 15, at least one in 1,376 Canadian residents have died from the coronavirus, for a total of 27,315 deaths, according to The New York Times. Bereavement leave is available for employees across most Canadian jurisdictions and some of […]

  • September 16, 2021 September 16, 2021
  • 09:00

The Ontario Medical Association is helping its members save for retirement with a new guaranteed lifetime income annuity. Kayte Fredrickson, vice-president of insurance for the OMA, says the annuity was developed in partnership with Brookfield Annuity Co. and Common Wealth Retirement, the OMA’s retirement plan administrator, to specifically meet the retirement needs of the province’s […]

  • August 16, 2021 August 16, 2021
  • 09:00

The government of Newfoundland and Labrador is amending funding rules for the province’s multi-employer pension plans. The amendments include a permanent exemption from solvency funding requirements for MEPPs, retroactive to Dec. 31, 2020, when the previous temporary exemption ended. In addition, going-concern unfunded liabilities must now be funded over 10 years instead of the previous […]

  • August 12, 2021 August 12, 2021
  • 09:00

Purolator Inc. is adapting its benefits plan to proactively respond to employees’ mental-health needs amid the coronavirus pandemic. The company has expanded both the dollar value and scope of its mental-health benefits offering, including access to cognitive behavioural therapy and social workers, says Anna Manocchio, senior director of total rewards and human resources technology at […]

  • July 19, 2021 July 19, 2021
  • 09:00

Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It can be incorporated into a defined contribution plan to provide plan members with an in-plan decumulation option, says Pat Leo, vice-president of retirement solutions at Purpose Investments, noting investors can redeem […]

  • June 7, 2021 June 7, 2021
  • 09:00