The funded status of a typical Canadian defined benefit pension plan increased on both a solvency and accounting basis during the month of December, according to a new report by Telus Health. The monthly pension index revealed the typical DB plan grew slightly from 107.4 per cent in November to 109 per cent on the […]
Only five per cent of Canadian hiring managers say they have the headcount and employees with necessary skills to complete high-priority projects, according to a new survey by Robert Half. The survey, which polled 1,500 hiring managers across Canada, found 57 per cent reported having skills gaps in their department and 58 per cent said […]
The Association for Canadian Pension Management is asking the Ontario government to introduce variable life benefits in Ontario and to align its pension rules with those of other provinces. In an open letter to the provincial government, the ACPM said the need to add variable life benefit options is part of a campaign to find […]
The federal government is expanding its return-to-office mandate for public employees. As of May 4, executives in the federal public service will be required to work onsite five days per week, while all workers will return four days per week as of July 6. The mandate applies to workers in the core public administration, including […]
The University Pension Plan Ontario is creating a joint venture with Schroders Capital to invest in high-quality logistics and industrial real estate across northwestern Europe. The new partnership will have a shared focus on long-term value creation and embedding material environmental, social and governance considerations into asset management, according to a press release. “The partnership […]
Just 48 per cent of working Canadians say they have an employer-sponsored pension plan, according to a new survey by IG Wealth Management. The survey, which polled more than 1,300 workers, found just 11 per cent of non-retired Canadians know how much annual income they’ll need in retirement and nearly half saying they don’t know. […]
The average Canadian defined benefit pension plan returned 0.6 per cent during the fourth quarter of 2025, down from 4.4 per cent in the previous quarter, according to a new report by the Royal Bank of Canada Investor Services. It found the average DB plan returned 7.9 per cent for the full year, down from […]
Canadian gig workers now earn more than a third (38 per cent) of their income from gig work, up from 15 per cent last year, according to a new survey by Securian Canada. The survey, which polled more than 2,000 gig workers in Canada, found 18 per cent reported relying on gig work for their […]
The Colleges of Applied Arts and Technology pension plan has suspended its board chair Don Smith. The pension organization, which oversees more than $23 billion in assets under management, is awaiting the results of a governance review following concerns raised over a $1.6 million vacation payout to chief executive officer Derek Dobson. In an emailed […]
While 61 per cent of global chief executive officers expect global economic growth to improve, only 47 per cent of Canadian CEOs agree, and confidence in Canada’s own economy has plunged to 27 per cent (down from 42 per cent last year), according to a new survey by PwC Management Services LP. The survey, which […]