The British Columbia Investment Management Corp. is partnering with the University of Victoria-led Pacific Institute for Climate Solutions to co-develop decision-making tools and frameworks for integrating climate change risk evaluation and climate mitigation opportunities into investment portfolios. “Acting in the best financial interests of our clients requires us to think long-term about the opportunities and […]
Employee mental health is the top well-being issue in Canada, according to 72 per cent of employers, surveyed for Aon’s 2021 global well-being survey. Work-life balance followed closely behind at 69 per cent, followed by burnout (52 per cent), virtual work environment and working environment/culture (both at 39 per cent), as the top well-being issues […]
In its 2021 budget on Monday, the federal government said it’s proposing nearly $30 billion over the next five years towards a national community-based childcare system. The budget stated that starting in 2021/2022, an investment of up to $27.2 billion over five years will bring the federal government to a 50/50 share of childcare costs […]
Staples Canada Inc. is the latest Canadian employer to provide employees with paid leave to receive a coronavirus vaccination. The company will provide up to three hours of paid leave as well as access to educational resources and information sessions with a medical professional about vaccines, according to a press release. Read: Canada Goose offering […]
It’s been almost 13 months (and counting) since the coronavirus pandemic sent millions of Canadians home to work for what was supposed to be the short term. With no end in sight to the new remote-working setting, many white-collar employees have settled into the virtual office environment and are proving they’re just as productive, if […]
A recent report by Citrix Systems Inc. and OnePoll found despite the challenges to work-life balance that can come with working from home, employees and employers alike are increasingly signalling that the shift to remote working is here for the long term. According to the report, when asked how they’d prefer to work after the […]
As Canadians’ mental health continues to decline, employees are still hesitant to reach out to friends and co-workers to get help to deal with mental-health issues, according to Morneau Shepell Ltd.’s new monthly mental-health index report. According to the report, February’s mental-health index (negative 11.5) is slightly higher than January’s (negative 11.7) score; however, compared […]
The Public Sector Pension Investment Board is among the investors in a new fund by Greensoil PropTech Ventures, a Toronto-based property-technology company. The fund, which sits at approximately US$50 million out of a US$100 million target, will invest in technologies to make the real estate industry more profitable and sustainable, according to a press release. […]
Nike Inc. has released a series of diversity, equity and inclusion targets it aims to achieve over the next five years and announced it’ll tie executive compensation to meeting them and its broader environmental, social and governance efforts. “Our Purpose 2025 Targets are not just aspirations. They are a call to action — with clear […]
The funding status and confidence of Canadian defined benefit pension plans declined in 2020 amid the coronavirus pandemic and a low interest-rate environment, according to a new survey from RBC Investor & Treasury Services. It found among 122 respondents, 50 per cent reported their plans were fully funded on a going-concern basis, down significantly from […]