Two-fifths (40 per cent) of Canadian employees say they’ve taken time off work in the last five years due to mental-health concerns, according to a new survey by wellness benefits provider Heal-3 and the Future Skills Centre. The survey, which polled more than 500 workers, found among respondents who took time off for mental-health reasons, […]
Two-fifths (41 per cent) of U.S. employers say they embed information on retirement benefits in their onboarding process, according to a new survey by XpertHR. The survey, which polled more than 200 companies in the U.S., found that, although some indicated they use emails or letters to deliver retirement information (39 per cent), fewer than […]
The Union of Taxation Employees and the Canada Revenue Agency have reached a tentative agreement that includes new protections around remote work and improved vacation. The tentative agreement, which ends a strike lasting more than two weeks involving 35,000 workers, has some of the same updates that were reached by the Public Service Alliance of Canada […]
More than half (57 per cent) of Canadian employees say they don’t get enough vacation time, according to a new survey by Expedia.ca. The survey, which polled more than 14,500 global respondents, found Mexican workers (77 per cent) were most likely to feel they don’t have enough vacation days, while Japanese employees (43 per cent) […]
The Nova Scotia Teachers’ Pension Plan’s funded status dipped from 82.5 per cent to 75.1 per cent on a going-concern basis in 2022, according to its annual report. The decrease in the funded ratio year over year was due to the asset losses in 2022 and to the fact the plan’s discount rate was maintained […]
The pharmaceutical arm of the Ontario Municipal Employees’ Retirement System is acquiring a stake in an anti-viral drug. According to the terms of a $200-million deal between OMERS Life Sciences and Enanta Pharmaceuticals Inc., the pension fund will receive a 54.5 per cent stake on the first US$284 million in royalties earned by the hepatitis […]
The median Canadian defined benefit pension plan’s investments returned 4.2 per cent during the first quarter of 2022, according to a new report by Northern Trust Canada. The report draws from the Northern Trust Canada universe, which tracks the performance of Canadian DB plans. It credited the improved position of these plans to the strong performance […]
While a third (34 per cent) of U.S. defined contribution pension plan sponsors say they’re studying decumulation solutions and another 15 per cent are in the process of evaluating or implementing one more than a quarter (27 per cent) say decumulation isn’t a topic of interest or need, according to a new survey by consultancies […]
Half (50 per cent) of Canadian workers say they’ve experienced a traumatic event that’s had a significant impact on their mental health, according to Telus Health’s latest mental-health index. The survey found women were 50 per cent more likely than men to have experienced a traumatic event. In addition, employees aged 40 and younger were […]
The British Columbia Investment Management Corp. is filing a shareholder proposal calling for Imperial Oil Ltd. to disclose more information about its climate risks. The motion calls for the Canadian petroleum company to disclose its accounting assumptions related to climate change and the energy transition. According to a press release, the BCI’s aim is for […]