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 […]
More than half (56 per cent) of Canadian job seekers believe they’ve applied for a ‘ghost job’ — a posting for a role that an employer has no intention of filling — underscoring growing frustration with opaque hiring practices, salary secrecy and employer silence, according to a new survey by Employment Hero. The survey, which […]
The British Columbia Investment Management Corp. is appointing Jon Salon as executive vice-president and global head of private equity, effective Feb. 2, 2026. Salon first joined the BCI’s private equity team in 2024 as senior managing director and global head of health care. He succeeds Jim Pittman, who has led the program since 2016 and is […]
An article on how winter weather impacts employers’ return-to-office and hybrid work policies was the most-read article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Winter weather exposing cracks in return-to-office flexibility: expert 2. Tribunal rules employer’s conduct creating emotional discomfort […]
The Financial Services Regulatory Authority of Ontario is appointing Wing-Yee Wong as its chief financial officer, effective Feb. 2, 2026. Wong brings more than 20 years of financial leadership experience in complex public sector environments, according to a press release. Most recently, she served as finance, procurement and logistics director at Elections Ontario, where she […]
Nearly three-quarters (72 per cent) of Canadian job seekers expect it will be difficult to find a job in the next six months, a significant increase from the same time last year (62 per cent), according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more […]
Generation Z workers are facing greater mental-health difficulties and increasing rates of chronic disease compared to other age groups, according to a new report by Sun Life Financial Inc. The report, which drew data from more than 20,000 employers and more than three million plan members, found more than 50 per cent of gen-Zers’ long-term […]