The University Pension Plan of Ontario is adding two new plan participants to its structure. Effective May 1, 2026, Southeastern Ontario Academic Medical Organization and Scarborough Charter Inter-Institutional Forum joined the UPP’s jointly sponsored defined benefit pension plan model. Read: Wilfrid Laurier, UOIT pension plans joining UPP “We are thrilled to welcome SEAMO and Scarborough […]
Oxford Properties, the real estate arm of the Ontario Municipal Employees’ Retirement System, is appointing Sara Queen as executive vice-president and head of the U.S., effective July 20, 2026. Based in New York, she’ll oversee the strategic leadership, performance and growth of Oxford’s U.S. business, which manages approximately US$19 billion in assets and accounts for […]
The Ontario Teachers’ Pension Plan is co-leading an investment partnership with Integrum Holdings LP and Lightyear Capital LLC in wealth management advisory firm Allworth Financial. The financial details of the transaction weren’t disclosed but a press release confirmed that Allworth’s management team will continue to lead the U.S.-based company, while the existing employee and advisor […]
More than half (57 per cent) of Canadian employees with a chronic condition have missed work, reduced hours or taken time off due to their condition, according to a new survey by Maple conducted with the Angus Reid Forum. The survey, which polled more than 1,520 Canadians living with or caring for someone with a […]
Employers are facing growing pressure on their benefits plans as financial stress shapes how employees access care, use coverage and experience health outcomes across life stages, according to a new report by Beneva Inc. It found mental illness alone is estimated to cost the Canadian economy $51 billion annually, while mental-health leaves cost employers twice […]
The mean merit pay increase delivered to Canadian employees in March 2026 was three per cent, with average total increases (measuring all types of pay increases, including zeros) reaching 3.3 per cent, according to a new survey by Mercer. The survey, which polled more than 270 Canadian employers, found the results aligned with projections made in October […]
The Ontario Teachers’ Pension Plan is appointing Feifei Wu as senior managing director of investment technology and applied intelligence, effective immediately. In the role, Wu will oversee the organization’s AI strategy and collaborate with investment leaders to ensure technology enables key business outcomes. She’ll report to Terry Hickey, chief technology officer at the Ontario Teachers’. […]
The typical Canadian defined benefit pension plan posted a median return of 0.4 per cent in the first quarter of 2026, according to a new report by RBC Investor Services. It found Canadian equity allocations returned 3.9 per cent in the quarter, matching the TSX composite index. Energy led sector gains with a 30.1 per […]
Canadian employers are shouldering more than $110 billion a year in costs related to employee mental health, driven by lost productivity, disability leave and workplace accommodations, according to a new report from the Canadian Standards Association. It found those costs represent the largest share of an estimated $180 billion annual economic burden tied to mental-health […]
British Columbia’s provincial government is updating its pension standards to support retirement income security and flexibility, including the introduction of automatic escalation for defined contribution pension plan members. Effective Oct. 30, 2026, auto-escalation will be introduced to B.C.-based DC plans and members will have the option to opt out of the feature. Auto-escalation helps address […]