Canada’s Maple 8 — the country’s largest eight public pension plans that manage a total of about $2 trillion in assets — use similar governance structures to consistently deliver strong returns. Pension systems around the world are difficult to manage, said Sebastien Betermier, an associate professor of finance at the Desautels Faculty of Management at […]
Capital One Canada is providing employees with a free subscription to virtual learning platform MasterClass, to further their career development and foster their overall well-being. “Everybody learns and develops in their own way and if you want to see people grow, you should support them in owning their journey,” says Patrick Ens, president of Capital One in […]
Using a real-time benefits scoring tool, Targeted Strategies Group is making changes to its benefits plan to enhance its employee value proposition amid a tight labour market. Since 2017, the insurance brokerage firm, which has 142 employees, has used CloudAdvisors’ benefits ranking tool to gauge whether it’s accomplishing the goals it’s set out to achieve […]
Amid plans by the federal government to introduce national dental and pharmacare programs, key stakeholders in the private payer health-care sector should highlight the value of private health plans in Canada, according to a panel during a webinar by the Group Insurance Pharmaceutical Committee last week. In March, the Liberal Party and the New Democratic […]
Endy’s director of people and culture discusses the importance of the employee experience; diversity, equity and inclusion commitments; and exploring Toronto. Q: What top challenges do you face in your role? A: Working in a remote environment is difficult at times for our employees and the extended isolation can take a toll on their physical […]
Juno College of Technology is one of many employers implementing a four-day workweek in 2022. During the summer of 2021, Heather Payne, the college’s chief executive officer, decided to constrain the company’s growth rate to focus on more people-first policies. “I had an epiphany . . . and realized that putting my company on a rapid growth […]
IKEA Canada’s diversity, equity and inclusion initiatives are helping employees step into the shoes of their fellow workers and highlighting how DEI and employee mental health are inextricably tied. “A big part of who we are is stories,” says John Williams, the organization’s DEI lead. “We really believe stories matter because they shape how we […]
As the coronavirus pandemic sent the global economy into a tailspin, many Canadians grew increasingly concerned about whether they’d amassed enough savings to weather the financial storm. “We’ve heard the narrative that Canadians are saving like they’ve never saved before,” says Elizabeth Mulholland, chief executive officer of Prosper Canada. “The reality is, when you look […]
The Alberta Union of Provincial Employees is calling on the Alberta Investment Management Corp. to “quantify the climate risks of its investments and adopt a path to net zero.” The AUPE’s call for action was one of three environmental resolutions for which the union’s membership voted in favour during its annual convention held earlier this […]
A majority of Canadian employers believe providing workplace retirement savings plans can improve employee attraction and retention, according to a survey by Maru Group Ltd. on behalf of the Healthcare of Ontario Pension Plan. The survey, which polled 800 Canadian employers, found 88 per cent of those that offer a defined benefit pension plan said […]