Canada’s retirement income system ranked No. 24 out of 52 countries, earning a B grade with an overall score of 70.4 out of 100, according to a new report by Mercer and the CFA Institute. The annual study benchmarks retirement income systems across 65 per cent of the world’s population, using weighted scores for adequacy, […]
The infrastructure arm of the Ontario Municipal Employees’ Retirement System has confirmed the completed inaugural senior unsecured bond issuance for the BPC Generation Infrastructure Trust totalling $1.5 billion across five-, seven-, and 10-year tranches of notes. The transaction involving the trust, which is a holding company for the OMERS investment in Bruce Power, is one […]
Dutch authorities are summoning the Healthcare of Ontario Pension Plan on alleged evasion of dividend withholding tax worth more than €200 million. Last week, the Netherlands Public Prosecution Service confirmed it was calling on a foreign pension fund based on the suspicion of evasion of dividend withholding tax. The agency didn’t name the Ontario pension […]
Employer-sponsored health benefits costs are set to increase by 9.8 per cent in 2026, according to a new report by Aon. The report pointed to a return to single-digit growth for the first time since 2023, but also underscores the reality that price inflation, advanced medical technologies, increased benefits utilization and rising prescription drug costs […]
Eight in 10 (80 per cent) Canadian employees with a professional financial plan say they’re able to retire at their desired age, compared to 72 per cent who created their own plan and just 36 per cent of workers who don’t have a plan, according to a new survey by KPMG in Canada. The survey, […]
The funded status of a typical defined benefit pension plan in Canada increased on both a solvency basis and on an accounting basis in August, according to a new report by Telus Health. The solvency index for plans grew to 105.8 per cent, compared to 104.3 per cent at the end of July, while the […]
The Canada Pension Plan Investment Board is acquiring an additional 25 per cent stake in the environmental services division of FCC Servicios Medio Ambiente Holding S.A.U. The deal will see the CPPIB pay $1.6 billion for the increased interest, which will see it increase its stake to 49.99 per cent. “Increasing our stake in FCC […]
An article on how Canadian institutional investors are approaching risk management amid increasing political tension with the U.S. was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Expert asks whether institutional investors are prepared for risks in evolving […]
Burnout is on the rise among Canadian employees, costing employers between $5,500 and $28,500 per worker each year, according to a new survey by Mental Health Research Canada, Workplace Strategies for Mental Health and the Canada Life Assurance Co. The survey, which polled more than 5,000 employees, found two-fifths (39 per cent) said they’ve felt […]
The median solvency ratio of Canadian defined benefit pension plans reached 129 per cent at the end of the third quarter 2025, up from 126 per cent, according to a new report by Mercer. The increase was attributed to positive returns on equities and fixed income, despite increased liabilities. Read: FSRA finds Ontario DB plans’ […]