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An article on the possible surge of disability claims linked to long-haul coronavirus and remote work injuries was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Employers can expect surge of claims linked to long-haul coronavirus, remote work injuries: lawyers 2. 74% of employers say […]

  • June 17, 2022 June 17, 2022
  • 09:00

The Public Sector Pension Investment Board is investing in a life sciences campus in the U.K. Capital Park Cambridge is a 17-hectare campus with about 2,500 square metres of workspace. It provides laboratories to 12 organizations, including the National Health Service. The facility is also located near a number of other science research facilities with […]

  • June 16, 2022 June 16, 2022
  • 13:15

Telus Corp. is acquiring LifeWorks Inc. for a total transaction value of $2.9 billion. The agreement will see Telus purchase the digital health and wellness provider for the total consideration of about $2.3 billion in cash and the assumption of about $600 million in LifeWorks’ debt, said Doug French, Telus’ chief finance officer and executive […]

  • June 16, 2022 June 16, 2022
  • 10:00

The Canadian Association of Pension Supervisory Authorities is seeking feedback on three risk management guidelines. The guidelines will cover pension plans’ use of leverage, cyber risks and environmental, social and governance considerations. In a letter to stakeholders, the CAPSA said it may incorporate these guidelines into a single risk management document that will also cover […]

  • June 15, 2022 June 14, 2022
  • 09:00

A fund backed by the Canada Pension Plan Investment Board and the Ontario Municipal Employees’ Retirement System is buying a stake in Indian road projects. Brookfield Asset Management Inc. is selling five road projects valued at $1.5 billion to an infrastructure investment trust — the IndInfravit Trust — partially owned by the two Canadian pension […]

  • June 14, 2022 June 14, 2022
  • 12:00

A coalition of global pension funds with combined assets of more than $1.25 trillion is launching an initiative to push back against the rise of dual-class shares. The Investor Coalition for Equal Votes aims to advocate proportionate shareholder voting and the prevention of dual-class share structures without strict mandatory time-based sunset clauses. Its members are concerned […]

  • June 14, 2022 June 14, 2022
  • 11:55

The union representing 120 employees at Metro Inc. warehouses in Ottawa has ratified a five-year agreement that includes multiple benefits gains. The agreement includes a 100 per cent increase for vision starting in 2023 — up to $500 per member and dependants — and a $1,000 increase to major dental care coverage, up to $2,500 […]

  • June 14, 2022 June 13, 2022
  • 09:00

More than two-fifths (45 per cent) of employees who work remotely or in a hybrid arrangement say their teams’ performance improved during the past two years, while just a third (34 per cent) of onsite workers feel the same, according to a survey by Eagle Hill Consulting Ltd. The survey, which polled more than 1,000 […]

  • June 14, 2022 June 13, 2022
  • 09:00

While 88 per cent of global executives say their organizations use succession planning, 74 per cent report their organizations often or always hire external candidates for leadership roles as opposed to promoting from within, according to a new survey by Ceridian HCM Inc. The survey, which polled 2,000 global leaders, found a third (35 per […]

  • June 13, 2022 June 10, 2022
  • 09:00

Pension and retirement plan members in Newfoundland and Labrador can now designate beneficiaries through electronic means. The amendment allows individuals to name beneficiaries electronically for certain types of plans, including a workplace pension, retirement, welfare or profit-sharing fund or plan, a registered retirement income fund, a registered retirement savings plan or a tax-free savings account. […]

  • June 10, 2022 June 10, 2022
  • 15:00