Pensioners of a New Brunswick co-operative have suffered a blow as legal wranglings continue over the fate of pensions at several Canadian companies. In Moncton, N.B., this week, a group of 90 former employees of Co-op Atlantic suffered a setback in a case centred on a 32 per cent reduction to their pension entitlements as […]
The focus on financial literacy took an upswing in 2014 when Canada’s first financial literacy leader, Jane Rooney, met with stakeholders and held consultations across the country as part of efforts to develop a national strategy. The national strategy for financial literacy aims to mobilize the public, private and non-profit sectors to strengthen Canadians’ financial […]
Once Canadians have graduated from high school or postsecondary education, there isn’t really a formal environment that supports and facilitates group learning around issues like managing money. But many employers are stepping into the void to assist employees with financial literacy. In the current environment of high debt and low retirement savings, there’s an obvious […]
The City of Mississauga’s fire and emergency services has piloted a workplace mental-health risk assessment and consulting service as it moves towards implementing a mental-health strategy. The digital assessment, a tool developed by Sun Life, aims to help employers develop a plan to build a more mentally healthy workplace for their employees. The Ontario city’s […]
With the Canada Pension Plan on many people’s minds, how does Canada’s public pension system compare to those of other countries? In light of the debate over the CPP and old-age security, Benefits Canada takes a look at how Canada’s system stacks up against other countries around the world. The Mercer Melbourne Global Pension Index ranks Canada’s retirement income […]
Halifax-based IWK Health Centre has introduced a range of new actions around its 3,200 employees’ mental, physical and financial well-being after winning in the health and wellness program category at Benefits Canada’s 2015 Workplace Benefits Awards. “This win became an incentive to explore other opportunities and target some initiatives to different groups in the health centre,” […]
As previously announced in March’s federal budget, the Liberal government has launched a consultation on whether it should keep, relax or scrap the “30-per-cent rule,” which currently restricts the percentage of voting shares federally regulated pension plans are permitted to hold in a company. The public consultations, which were announced Friday, will also seek views on the […]
Lakeside Process Controls says it’s seeing results from its wellness program as employee health improves and prescription drug claims fall. “We’re off to a great start with a lot of energy and enthusiasm around the program,” says Stephanie Enright, human resources manager at Lakeside Process Controls, of the wellness program that this year is focusing […]
DJ Galvanizing has launched a monthly wellness program for its employees that focuses on musculoskeletal health. “We had a time where we were seeing a lot of strains and pulled muscles,” says Kristi Farmer, accounting and benefits co-ordinator at the Windsor, Ont.-based manufacturer. “As our workforce is aging, we’re focusing on the [musculoskeltal] injuries and core […]
The City of Ottawa is rolling out a communications plan to promote Mental Health Week across its workforce this week, including articles highlighting the mental-health resources available to all employees. The communications to employees began with an email from Marianne Phillips, acting director of human resources, providing an overview of the City’s commitment to mental and organizational […]