Almost half (46 per cent) of Canadian employers say they have a negative hiring outlook for the rest of 2025 — up from 38 per cent last year — as economic caution sets in, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled 500 Canadian […]
The Community Foundation of Prince Edward Island is selecting Vestcor Inc. as its investment manager. The CFPEI, which was first incorporated in 1993, oversees more than 200 community foundations in Canada representing several endowments, flow-through legacy and agency funds. Read: Vestcor returns 12.2% in 2024, net assets increase to $23.1BN According to its 2024 annual […]
More than two-fifths (44 per cent) of Canadian employees in a hybrid working arrangement say they’re taking fewer sick days, according to a new survey by International Workplace Group. The survey, which polled more than 1,000 Canadian employees working in a hybrid arrangement, found 71 per cent said they experienced fewer stress-related health issues and […]
The Canada Pension Plan Investment Board is selling its 49 per cent stake in Island Star Mall Developers Private Ltd. to Phoenix Mills Ltd. and its affiliates. The investment organization is expecting the net proceeds from the sale to reach nearly $871 million. The asset was established by the CPPIB and Phoenix Mills in 2017 […]
An article on how employers can ensure their benefits offerings are used and understood by employees was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. The ‘ghost benefits’ gap: How employers can ensure their offerings are used, understood […]
Michael Yang has left his role as managing partner and head of ventures at the Ontario Municipal Employees’ Retirement System. The departure comes at a time when the investment organization is adopting a strategic shift to focus its investment activity on the domestic market. Yang is based in San Francisco and helped launch the OMERS’ […]
Pension assets grew to US$61.5 trillion by the end of 2024, with a nominal growth rate of 8.5 per cent since the end of 2023, according to a new report from the Organisation for Economic Co-operation and Development. The final tally for 2024 beat the previous record of $59.7 trillion in 2021, due to significant […]
Nearly half (48 per cent) of U.S. employees say they expect to retire with less than US$500,000 even though they believe they’ll need $1.28 million, according to a new survey by Schroders. It found a quarter (26 per cent) of respondents expect to retire with less than $250,000, while just 30 per cent believe they’ll […]
Burnout is widespread among U.S. workers, with nearly seven in 10 reporting at least one symptom, according to a new survey by Seramount Inc. The survey, which polled 1,000 U.S. employees working at organizations with 500 or more staff, found the problem is most acute among younger employees, with around three-quarters of millennials (77 per […]
The global real estate arm of the Ontario Municipal Employees’ Retirement System is breaking ground in a purpose-built rental project located in Scarborough, Ont. As part of the project’s development, Oxford Properties Group received a $650 million rental housing construction loan through the Canada Mortgage and Housing Corporation’s apartment construction loan program. The development will […]