The Financial Services Regulatory Authority of Ontario is inviting stakeholders to provide their input on the proposed guidance in support of permanent target-benefit framework for multi-employer pension plan sponsors. The guidance explains how the FSRA will oversee and apply Ontario’s framework, which came into effect on Jan. 1. Read: FSRA monitoring target-benefit framework, pension risks in […]
Fewer than one in 10 Canadian employees use workplace artificial intelligence tools daily, even as more than half say the technology boosts productivity, according to a new survey by TD Bank Group. The survey, which polled more than 2,500 workers, found 56 per cent of Canadians who use AI at work said the tools enhance […]
Canadian defined benefit pension plan sponsors have made roughly $1.4 billion in annuity purchases during the first two quarters of the year, according to a new report from Telus Health. At the halfway point of 2025, the pension risk transfer market has seen a considerable slowdown in activity following a record-breaking 2024, which resulted in […]
The Ontario Municipal Employees’ Retirement System is reporting a net investment return of 2.2 per cent as at June 30, 2025, representing a gain of $3.1 billion. Net assets under management at the OMERS have increased to $140.7 billion, compared to $138.2 billion at the end of 2024. Over a 10-year period, the investment organization […]
U.S. employers are increasingly embracing pay transparency, even as regulatory complexities introduced by the federal government present new challenges, according to a new survey by WTW. The survey, which polled nearly 400 employers, found 82 per cent said they’re either communicating, planning or considering communicating individual pay ranges with employees and 79 per cent are […]
Three-quarters (75 per cent) of Canadian employees say they’d be more likely to stay with their current organization if benefits were more personalized and comprehensive, according to a new survey by Hub International Ltd. It found employers aren’t implementing the tailored programs needed to improve retention, despite personalization being a clear priority for employees. The […]
The Ontario Pension Board is reporting an 8.1 per cent investment return for 2024, pushing its net assets under management to $34.1 billion. The one-year return fell short of the OPB’s benchmark (11 per cent), while its five- and 10-year returns were 3.8 per cent and 5.3 per cent, respectively. Global (26.9 per cent) and […]
Nova Scotia is introducing new workplace harassment regulations effective Sept. 1. The legislation will require all provincially regulated employers to adopt a written anti-harassment policy, train staff and review the policy every three years. According to a press release, psychological workplace injuries in Nova Scotia rose to 194 in 2024, up from 150 three years […]
Among Canadian companies that say they’re bracing for a recession (76 per cent), a fifth (22 per cent) say they’ve paused hiring for the remainder of 2025, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than 500 employers, found nearly a third (30 […]
Nearly half (46 per cent) of respondents said they’re satisfied with their current roles and responsibilities, with work-life balance and flexibility the top contributor to satisfaction, according to a new survey by ADP Canada. The survey, which polled more than 1,200 Canadian employees, found the average happiness score for July was 6.8 out of 10, […]