Sadie Janes, an associate editor at Benefits Canada, has won the top prize in the DEI Reporting category at the National Magazine Awards: B2B. The winning piece appeared in the June 2024 issue of the magazine. If you missed it, read it here: A look at what’s next for inclusive employee benefits Benefits Canada was […]
A respectful workplace (70 per cent), extended health coverage (56 per cent) and flexible work options (42 per cent) are helping Canadian employees feel supported at work, according to ADP Canada Co.’s monthly Happiness@Work index. The organization’s national work happiness score for May was 6.8/10, a 0.1-point increase from April and a 0.2-point increase from […]
The Healthcare of Ontario Pension Plan is appointing Reena Carter as chief financial officer effective Aug. 1, 2025. Most recently, she was senior managing director of portfolio management and operations at the Ontario Municipal Employees’ Retirement System. Previously, she held senior finance and audit roles at the OMERS, such as head of investment finance and […]
More than two-thirds (69 per cent) of Canadian employers operating with a hybrid work model say they’re confident their businesses will grow in 2025, despite economic uncertainty and the pressure of rising costs, according to a new survey by the International Workplace Group. The survey, which polled more than 400 senior business leaders across Canada […]
Canadian pension plans saw a median return of 1.23 per cent for the first quarter of 2025, according to a new report from CIBC Mellon. It also noted a median one-year return of 9.21 per cent and a 10-year annualized return of 6.46 per cent for the average Canadian pension plan. Based on $328 billion […]
The Association of Canadian Pension Management is recommending a few amendments to the Pension Benefits Standards Act, including the required disclosure to spouses and electronic communications with plan beneficiaries. In a letter to the Department of Finance, the ACPM noted the PBSA currently requires information that’s provided to a plan member or former member — […]
The solvency ratio of an average pension fund declined by about 2.3 per cent in the first quarter of 2025, according to a new report from Telus Health. Diversified pooled fund managers posted a return slightly below the benchmark portfolio with the median return (0.8 per cent) being 0.1 per cent lower than the return […]
The University Pension Plan recorded a 10.3 per cent annual net return in 2024, increasing its net assets to $12.8 billion. According to its latest annual results report, the investment organization took in $1.2 billion in net investment income during the year. The positive investment return was driven mainly by U.S. equities and absolute return […]
Two-fifths (40 per cent) of employees say they’ve called in sick when they weren’t actually ill to extend a weekend or attend a social event during the summer, according to a new survey by Dayforce Inc. The survey — which polled more than 2,000 full-time workers in North America and the U.K., including 479 Canadian […]
The Saskatchewan government has passed several amendments to the provincial Employment Act that will impact employers’ leave policies. The amendments include the creation of a new 16-week unpaid interpersonal violence leave in addition to the existing 10-day leave, of which five are paid and five are unpaid. Employers will also no longer be able to […]