The Canada Pension Plan Investment Board is appointing Deborah Orida as its first chief sustainability officer. In the role, Orida will lead the CPPIB’s efforts to address climate change. She’s mandated to maintain a global, cross-enterprise approach to sustainability. In a press release announcing her appointment, John Graham, the CPPIB’s president and chief executive officer, […]
More than a third (35 per cent) of employees said they’re considering leaving their job or are unsure about whether to stay with their company, according to the latest monthly mental-health index by LifeWorks Inc. Additionally, the mental-health scores of these groups (negative 21.9 and negative 16.7, respectively) were more than three-times worse than for […]
The Ontario Teachers’ Pension Plan is putting its investment dollars and its Teachers’ Innovation Platform to use for a cryptocurrency exchange. During a funding round hosted on the Ontario Teachers’ TIP, FTX Trading Ltd. received just over $420 million from investors, driving up the company’s valuation to $25 billion. The Ontario Teachers’ were among 69 […]
The Ontario government is introducing legislation that will require employers with 25 or more employees to draft a right-to-disconnect policy. On Monday, Monte McNaughton, the province’s minister of labour, training and skills development, announced the move as part of the Working for Workers Act 2021, as the Ontario government gears up for an election next […]
Plan sponsors and plan members have diverging opinions on where benefits dollars are best spent, according to the 2021 Benefits Canada Healthcare Survey. The survey found that plan sponsors and members are less aligned on the value of many benefits than they were a year ago. Indeed, at the start of the coronavirus pandemic last year, […]
Our story revealing the employers that took the top spots at the 2021 Workplace Benefits Awards was the most-read story over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Who are the winners of the 2021 Workplace Benefits Awards? 2. ‘Significant’ wave of terminations coming due to workplace vaccine mandates: lawyer […]
As the coronavirus pandemic drags on, it’s dragging down plan members mental and physical health, according to the 2021 Benefits Canada Healthcare Survey. About a third of plan members reported increased feelings of anxiety or sadness/depression, decreased physical fitness (34 per cent) and/or poorer eating habits (31 per cent) in the past year. More than one in […]
Hub International Ltd. is acquiring Vancouver’s Rogersworks Inc. Rogersworks is an independent benefits brokerage firm specializing in employee group benefits and association group benefits. John Ash, benefits consultant and a partner at the company, will join Hub Coastal. Read: Hub acquiring Calgary benefits provider This is the latest of a string of Canadian benefits providers and consulting […]
Canadian health benefits plan members’ top stressors have shifted to reflect the new work environments created by the coronavirus pandemic, according to the 2021 Benefits Canada Healthcare Survey. The survey, formerly known as the Sanofi Canada Healthcare Survey, found that 35 per cent of plan members described their stress level at the beginning of 2021 […]
The cost of employer-provided health benefits in the U.S. is expected to increase by an average of five per cent in 2022 to more than US$13,000 per employee, according to a new survey by Aon. The survey, based on information from a database of more than 700 U.S. employers, found that, in 2021, budgeted health-care […]