Significant disparities exist between U.S. employers’ and employees’ perceptions of workplace mental-health support, according to a new survey by Lighthouse Research & Advisory. When employers and employees were asked to rank their organization’s support for mental health on a scale of one to 10, the average employer ranking was 7.6, while the average employee ranking […]
Patagonia Inc. is giving all of its North American employees an additional week of paid time off this holiday season. The clothing retailer’s customer service and distribution centres will be closed from Dec. 24 to Jan. 2, while its stores and offices will close between Dec. 25 and Jan. 1, according to a press release. […]
The National Association of Federal Retirees and the United Way Centraide North East Ontario/Nord-est de l’Ontario are the latest employers to join the Colleges of Applied Arts and Technology pension plan’s DBplus. The National Association of Federal Retirees, which represents nearly 18,000 members from a variety of pension plans, joined DBplus as of Oct. 22. “It […]
Roughly a quarter (23 per cent) of Canadians working exclusively at physical workplaces said their working lives have worsened since the onset of the coronavirus pandemic, according to LifeWorks Inc.’s latest mental-health index. The survey — which was conducted between Nov. 9 and Nov. 22, 2021 and prior to the spread of the Omicron variant […]
The Canada Pension Plan Investment Board is pursuing a new strategy that involves investing in businesses with high greenhouse gas emissions and a desire to reduce them. The strategy, which is published in a new report, aims to identify companies committed to creating value by lowering their emissions in a manner that’s consistent with the […]
While the coronavirus pandemic has taken a heavy toll among the elderly, retirees have seen their pension payments and entitlements well protected in Canada and other member countries of the Organisation for Economic Co-operation and Development, according to a new report from the organization. The average retirement age in Canada is 63.9 years for men […]
Canada’s largest public pension plans are more heavily invested in private equity than other global public pension plans, according to a new report by British think tank the Official Monetary and Financial Institutions Forum. “What really distinguishes the Canadian model is this large exposure to private equity, which stands out from across the sample, . […]
Around four in 10 (43 per cent) working Canadians said they’re likely to look for a new job in the upcoming year, according to a new survey conducted by Ipsos for Randstad Canada. The survey, which polled more than 700 Canadian employees and more than 200 employers, found the desire to switch jobs was even […]
The Association of Canadian Pension Management is once again calling on the Ontario government to modernize the Employment Standards Act and the Pension Benefits Act to allow for automatic enrolment and escalation features in capital accumulation plans. In a letter sent to the ministry of labour on Nov. 30, 2021, the ACPM noted the changes […]
The Ontario Teachers’ Pension Plan is acquiring a 50 per cent stake in a network of European ophthalmology clinics. The pension fund has entered a joint venture with French private equity investment firm PAI Partners to buy Veonet. Read: Ontario Teachers’ takes stake in autism therapy provider, Caisse entrusts properties to management firm The deal has been […]