Latest news in Benefits Canada Archive

How institutional investors can unsmooth illiquid returns

How institutional investors can unsmooth illiquid returns

As institutional investors increase allocations to alternative investments, it becomes increasingly challenging to understand risk. A new paper, co-authored by Spencer Couts, assistant professor of…

Should social security benefits be considered when looking at wealth inequality?

Should social security benefits be considered when looking at wealth inequality?

People often discuss the wealth gap between the top one per cent and the rest of the population, but measures of wealth inequality don’t consider…

Does time of day impact financial market returns?

While many drivers can influence stock market returns, it turns out the time of the day may play an important role. In particular, the four…

What do quantitative investors mean for firm efficiency?

What do quantitative investors mean for firm efficiency?

The traditional worry about the rise of passive investment is that it will result in less informed asset pricing in the market overall. A new…

Scotiabank awarded for adapting benefits in face of coronavirus

Scotiabank secured its second win at Benefits Canada‘s 2020 Workplace Benefits Awards on Oct. 16 for adapting its existing benefits and introducing new resources to…

How commuted-value calculation changes will impact lump-sum DB pension payments

How commuted-value calculation changes will impact lump-sum DB pension payments

In January 2020, the Canadian Institute of Actuaries released final changes to the actuarial standards of practice for calculating commuted values, with the changes scheduled…

FSRA speeding up consent process for DB pension asset transfers

FSRA speeding up consent process for DB pension asset transfers

The Financial Services Regulatory Authority of Ontario is changing its process for consenting to asset transfers under the Pension Benefits Act, citing the province’s current…

  • By: Staff
  • October 27, 2020 January 19, 2021
  • 08:40
Telus Health launching mental-health app for frontline workers, first responders

Telus Health launching mental-health app for frontline workers, first responders

Telus Health is launching a mobile mental-health app for frontline workers, first responders and their families. The app, Espri, aims to provide confidential and ready access…

  • By: Staff
  • October 27, 2020 October 27, 2020
  • 08:30
Bank of Canada scaling back financial market support programs

Bank of Canada scaling back financial market support programs

As financial market conditions improve, the Bank of Canada is scaling back some measures it introduced in the immediate aftermath of the coronavirus outbreak to…

  • By: Staff
  • October 27, 2020 January 19, 2021
  • 08:29
CLHIA’s Ontario budget submission highlights drug access, inflexible pension plans

CLHIA’s Ontario budget submission highlights drug access, inflexible pension plans

In its 2020 budget submission to the Ontario government, the Canadian Life and Health Insurance Association is highlighting a lack of access to affordable prescription drugs and…

  • By: Staff
  • October 26, 2020 October 26, 2020
  • 15:15
McGill pension plan appointing new administrator

McGill pension plan appointing new administrator

The McGill University pension plan is appointing Sun Life Financial to provide administration services in collaboration with consultancy Normandin Beaudry. This is the second of the…

  • By: Staff
  • October 26, 2020 January 19, 2021
  • 15:00
Onus increasingly on employees to plan for retirement but employers still play role

Onus increasingly on employees to plan for retirement but employers still play role

While pension plan sponsors and the government have roles to play when it comes to retirement, it’s increasingly up to individual employees to ensure they…

TMX Group awarded for mobilizing to support staff well-being during coronavirus

TMX Group awarded for mobilizing to support staff well-being during coronavirus

With 95 per cent of employees working from home as of mid-March, TMX Group Ltd.’s wellness team quickly mobilized to create and implement a weekly…

Coronavirus pandemic affecting retirement plans, savings: survey

Coronavirus pandemic affecting retirement plans, savings: survey

Many Canadians are seeing the impact of the ongoing coronavirus pandemic on their retirement plans and ability to save, according to a new survey by…

  • By: Staff
  • October 23, 2020 October 23, 2020
  • 15:15
PMPRB publishes new guidelines on drug pricing in Canada

PMPRB publishes new guidelines on drug pricing in Canada

The Patented Medicine Prices Review Board published its new guidelines on Friday. The guidelines, which will take effect on Jan. 1, 2021, aim to modernize Canada’s pricing…

  • By: Staff
  • October 23, 2020 October 23, 2020
  • 15:15
Ericsson wins award for well-rounded health and wellness program

Ericsson wins award for well-rounded health and wellness program

At Benefits Canada‘s 2020 Workplace Benefits Awards on Oct. 16, Ericsson was recognized for its comprehensive health and wellness program that helps employees address their physical, mental and social…

What do historically low interest rates mean for DB pension de-risking?

What do historically low interest rates mean for DB pension de-risking?

When the coronavirus pandemic hit, many organizations were focused on getting through the short term, but defined benefit pension plan sponsors are starting to take…

OPTrust invests in environmental and waste management solutions company

OPTrust invests in environmental and waste management solutions company

The OPSEU Pension Trust is investing in Environmental 360 Solutions Inc., an environmental and waste management solutions company that serves municipalities and commercial customers. The…

  • By: Staff
  • October 23, 2020 January 19, 2021
  • 07:41
What role can insurance-linked securities play in pension portfolios?

What role can insurance-linked securities play in pension portfolios?

In a market rocked by a considerable increase in cross-asset volatility, the need to search for alternative means of diversification that embrace different sources of…

Federal spending could be catalyst for industrials

Federal spending could be catalyst for industrials

The potential size and scope of future federal spending bills to bolster the economy, especially an infrastructure measure, would have important implications for the industrials…

  • By: Katie Deal
  • October 23, 2020 February 5, 2021
  • 07:12
Half of Canadian employees considering a new job: survey

Half of Canadian employees considering a new job: survey

While the majority of Canadian employers feel confident about the economy, 49 per cent of employees are seriously considering leaving their role, according to a…

  • By: Staff
  • October 22, 2020 October 22, 2020
  • 15:15
OPTrust invests in eco-friendly waste management solutions company

OPTrust invests in eco-friendly waste management solutions company

The OPSEU Pension Trust is investing in Environmental 360 Solutions Inc., an eco-friendly waste management solutions company headquartered in Napanee, Ont. Furthering its commitment to…

  • By: Staff
  • October 22, 2020 October 22, 2020
  • 13:00

Starbucks tying executive pay to diversity targets

Starbucks Corp. is aiming to tie its executive compensation to diversity targets beginning in 2021. The move is one of a series of initiatives the coffee…

Statistics Canada says annual inflation rate rose 0.5% in September

Statistics Canada says annual inflation rate rose 0.5% in September

Canada’s headline inflation measure went up in September by 0.5 per cent compared with a year ago, a better-than-expected increase, but one that experts say…

Leadership-driven mental-health strategy nets award for Scotiabank

At Benefits Canada‘s 2020 Workplace Benefits Awards on Oct. 16, Scotiabank was recognized for a mental-health strategy that starts at the top of the organization and focuses…