Latest news in Benefits Canada Archive

CPPIB to sell stake in London real estate, Caisse invests in renewable assets in Spain

CPPIB to sell stake in London real estate, Caisse invests in renewable assets in Spain

The Canada Pension Plan Investment Board is selling its 50 per cent interest in the first phase of a real estate development in London, England. Phase…

  • By: Staff
  • October 9, 2020 October 9, 2020
  • 10:30
AIMCo hires first chief investment strategy officer, Rabovsky takes Fairwater CIO role

AIMCo hires first chief investment strategy officer, Rabovsky takes Fairwater CIO role

The Alberta Investment Management Corp. is hiring Amit Prakash as its first chief investment strategy officer. “The CISO will specifically focus on ensuring that AIMCo’s…

  • By: Staff
  • October 9, 2020 January 19, 2021
  • 08:45
Institutional investors increasingly interested in ESG factors: survey

Institutional investors increasingly interested in ESG factors: survey

A third (33 per cent) of institutional investors that haven’t yet incorporated environmental, social and governance factors into their investment decisions said they’re considering it, according…

  • By: Staff
  • October 9, 2020 January 19, 2021
  • 08:45
Morneau Shepell expanding into telemedicine services

Morneau Shepell expanding into telemedicine services

Morneau Shepell Ltd. is expanding into the growing telemedicine market to provide Canadian benefits plan members and their families with more convenient access to digital health-care…

  • By: Staff
  • October 8, 2020 October 8, 2020
  • 15:15
NL urged to include DB plan sponsors in new pension unlocking rules

NL urged to include DB plan sponsors in new pension unlocking rules

While the Association of Canadian Pension Management is urging the Newfoundland and Labrador government to introduce legislative amendments to facilitate pension unlocking in cases of financial hardship,…

  • By: Staff
  • October 8, 2020 January 19, 2021
  • 15:15
Lowe’s Canada paying bonus to eligible employees

Lowe’s Canada paying bonus to eligible employees

To recognize frontline, hourly employees for their service during the coronavirus pandemic,  Lowe’s Canada is paying a discretionary bonus to all eligible full-time, part-time and seasonal…

  • By: Staff
  • October 8, 2020 October 8, 2020
  • 15:15
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Path to economic recovery filled with risks that need to be managed, Macklem says

The governor of the Bank of Canada said managing the risks from the pandemic is more critical than ever and it is key to a…

Quebec tables bill allowing target-benefit pension plans

Quebec tables bill allowing target-benefit pension plans

Quebec is one step closer to allowing employers to introduce target-benefit pension plans.  On Wednesday, Eric Girard, Quebec’s minister of finance, tabled Bill 68, which was…

  • By: Staff
  • October 8, 2020 January 19, 2021
  • 08:46
67% of working Canadians would use virtual tools for mental health: survey

67% of working Canadians would use virtual tools for mental health: survey

More than two-thirds (67 per cent) of working Canadians said they’d use video chat, web or telephone-based health support to consult with a mental-health practitioner,…

  • By: Staff
  • October 8, 2020 January 19, 2021
  • 08:45
Women considering downshifting, leaving careers due to pandemic: report

Women considering downshifting, leaving careers due to pandemic: report

One in four women in the U.S. are either considering downshifting their careers or leaving the workplace entirely, according to a new report by McKinsey & Company and…

  • By: Staff
  • October 7, 2020 January 19, 2021
  • 15:00

A look at pension funding cushions from coast to coast

Long before the global pandemic, jurisdictions across Canada were embarking on pension solvency reform, with some moving from strict 100 per cent solvency funding requirements…

Caisse investing in cyber security company

Caisse investing in cyber security company

The Caisse de dépôt et placement du Québec is co-leading a $55 million series D financing round for Onapsis, an application cyber security and compliance…

  • By: Staff
  • October 7, 2020 January 19, 2021
  • 09:09
Dialogue buying Optima Global Health, expanding further into EAPs

Dialogue buying Optima Global Health, expanding further into EAPs

Health and wellness platform Dialogue is acquiring employee assistance program provider Optima Global Health. The purchase is part of Dialogue’s growth strategy to tap into…

  • By: Staff
  • October 7, 2020 January 19, 2021
  • 08:45
Alain Malaket: An early-mover in the Canadian pension industry

Alain Malaket: An early-mover in the Canadian pension industry

While target-date funds are now a staple in the Canadian defined contribution pension industry, it wasn’t always so. Some of the first employers to bring…

Caisse investing in cyber security company, OMERS in cloud communications

Caisse investing in cyber security company, OMERS in cloud communications

The Caisse de dépôt et placement du Québec is among the investors raising $55 million in financing for Onapsis, an application cyber security and compliance company. The…

  • By: Staff
  • October 6, 2020 November 16, 2020
  • 15:20

Benefits by Design, PocketPills partner on digital pharmacy app

Benefits by Design Inc. and PocketPills are partnering on a digital pharmacy platform. Through the partnership, group plan members will be able to instantly connect with…

  • By: Staff
  • October 6, 2020 December 6, 2020
  • 15:15

Hub acquiring Edmonton-based retirement, benefits firm

Hub International Ltd. is acquiring Clearpoint Benefits Solutions, which includes Clearpoint Advisory Group Inc., Clearpoint Retirement Solutions Inc. and Canwest Group Benefits Inc. Clearpoint, which is…

  • By: Staff
  • October 6, 2020 November 16, 2020
  • 15:15
OMERS leading funding round for cloud communications company

OMERS leading funding round for cloud communications company

The Ontario Municipal Employees Retirement System’s private equity arm is leading a $100 million round of Series E funding for Dialpad Inc. Dialpad provides businesses…

  • October 6, 2020 January 19, 2021
  • 10:04

KPMG rolls out return-to-work app to support employee safety, well-being

KPMG in Canada is introducing an app to help its employees — and other organizations — manage the return-to-work process. The workforce safeguarding app, which…

Is value investing still relevant in a volatile market?

Is value investing still relevant in a volatile market?

Back in December 2018, I wrote an article asking whether it was a good time for pension plan sponsors to revisit value investing. At that time, public…

  • October 6, 2020 December 6, 2020
  • 08:45
IMF head says global economy facing long climb to recovery

IMF head says global economy facing long climb to recovery

The head of the International Monetary Fund says that the global economy has started on a long climb to stronger growth with prospects looking a…

Caisse part of group investing $150M in Quebec-based agri-food company

Caisse part of group investing $150M in Quebec-based agri-food company

The Caisse de dépôt et placement du Québec is part of a group investing $150 million in Quebec-based agri-food company Sollio Cooperative Group. The other…

  • October 6, 2020 January 19, 2021
  • 08:15
MindBeacon launching digital therapy tool to manage stress

MindBeacon launching digital therapy tool to manage stress

MindBeacon Group is launching a digital mental-health option to support all Canadians through heightened anxiety and stress related to the coronavirus pandemic. The organization found nearly half (46…

  • By: Staff
  • October 5, 2020 November 12, 2020
  • 15:00
CAP plan sponsors focusing on learnings from first six months of pandemic

CAP plan sponsors focusing on learnings from first six months of pandemic

While many Canadians panicked and stocked up on toilet paper when a global pandemic was declared in March, most capital accumulation plan members stayed calm…

  • October 5, 2020 January 19, 2021
  • 13:53
DBplus: new de-risking tool in the pension toolkit

DBplus: new de-risking tool in the pension toolkit

Defined benefit pension plans that were on route to de-risking when the coronavirus hit are facing a difficult road ahead in the current lower-for-longer interest…

  • October 5, 2020 January 19, 2021
  • 10:42