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Ontario will do away with sick note requirements for short absences as part of a larger effort to ease the administrative burden on doctors. The province will soon introduce legislation that, if passed, will no longer allow employers to require a sick note from a doctor for the provincially protected three days of sick leave […]

  • April 24, 2024 April 24, 2024
  • 15:00

In 2023, diabetes medications remained the leading drug category for eligible private insurance claims for the second consecutive year, according to Telus Health’s annual drug trends report. The report, based on claims data from more than 15 million plan members in 2023, found the growing prevalence of diabetes, along with expanded heart failure treatment indications and […]

  • April 24, 2024 April 23, 2024
  • 09:00

The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from $3.8 billion in 2022, according to its latest report. In a press release, Christopher Brown, WISE Trust’s chief executive officer, said the results are a testament to its partnership with […]

  • April 23, 2024 April 23, 2024
  • 15:00

Two-fifths (43 per cent) of U.S. employees say they’re more afraid of working in an office full time than of losing their romantic relationship or getting a divorce, according to a new survey by LiveCareer. The survey, which polled more than 3,800 employees, also found many workers are more fearful of the prospect of full-time […]

  • April 23, 2024 April 23, 2024
  • 15:00

The funded ratio of the average Canadian defined benefit pension plan, excluding the effect of asset smoothing, reached 124 per cent as at March 31, 2024, up seven per cent from the fourth quarter of 2023, according to a new report by Normandin Beaudry. It found the average solvency ratio of Canadian pension plans was […]

  • April 23, 2024 April 22, 2024
  • 09:00

The Alberta Investment Management Corp.’s total fund generated a net return of 6.9 per cent in 2023, 1.8 percentage points below its 8.7 per cent benchmark. As of Dec. 31, 2023, the AIMCo’s total assets under management were $160.6 billion, compared  to $158 billion in 2022. Its balanced fund generated a net return of eight per […]

  • April 22, 2024 April 23, 2024
  • 15:00

More than two-thirds (69 per cent) of U.S. employees say they’d be happier if they had deeper connections with work colleagues, according to a survey by technology company Nectar. The survey, which polled 800 U.S. employees, found while a majority (85 per cent) chat with someone outside of their department regularly, just two-fifths speak with someone […]

  • April 22, 2024 April 19, 2024
  • 09:00

The Ontario Teachers’ Pension Plan is considering selling Amica Senior Lifestyles in a deal that could be worth $5 billion, according to report by Bloomberg. The Ontario Teachers’ acquired the senior luxury residence operator in 2015 through a transaction by its subsidiary BayBridge Seniors Housing Inc., which includes more than 30 assets in British Columbia and Ontario. […]

  • April 19, 2024 April 18, 2024
  • 15:00

A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the past week: 1. Organon launching initiative to support women’s career, health journey in the workplace 2. Survey finds 38% of Canadian employees […]

  • April 19, 2024 April 18, 2024
  • 09:00

While employers recognize employee benefits are an important part of attracting and retaining talent, seven in 10 (70 per cent) say it’s impossible to offer all of the benefits that employees are currently demanding, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than […]

  • April 19, 2024 April 22, 2024
  • 09:00