Employer health-care costs will rise in 2021 for several reasons related to the coronavirus pandemic, according to a new report by Willis Towers Watson. With many employees deferring…
The Ontario Municipal Employees Retirement System has appointed Paul Brundage as deputy chair of investments, effective Oct. 1. Previously, he was executive vice-president of Europe…
The funded positions of Canadian defined benefit pension plans continued to recover in the third quarter of 2020, but major risks lie ahead, according to…
Workplace mental health and resilience app Headversity is partnering with Cowan Insurance Group to offer its resources to the consultancy’s plan sponsor clients. Headversity’s platform…
The Investment Management Corp. of Ontario is naming Tony Algar as its new chief operating officer, effective Sept. 28. Algar joins the IMCO from the…
At IBM Canada Ltd, if an employee joins a meeting, but doesn’t turn on their camera, the solution is simple: don’t worry about it. This is…
MSCI Inc. is expanding its range of emerging markets tools by launching a new property index for Brazil. The new index aims to bring transparency…
The Liberal government is promising to finally spend $10 billion that has sat in the accounts of its infrastructure financing agency for years, hoping to…
Annual inflation in the 19-country eurozone sagged further below zero in September, bolstering expectations that the European Central Bank will add to its emergency stimulus…
Online sleep clinic Haleo and employee assistance program provider Optima Global Health are forming a partnership to make solutions for insomnia and other sleep disorders accessible…
The Northwest Territories and Nunavut Workers’ Safety and Compensation Commission is proposing eliminating lifetime pensions and replacing them with a new system that includes earnings loss and…
For the second year in a row, Canada ranked No. 8 among developed nations for retiree well-being, according to Natixis Investment Managers’ annual global retirement…
Ford Motor Co. and Unifor’s new collective agreement tackles everything from racial inequality, medical cannabis coverage and a new pension plan. The $1.8 billion deal…
Canadian institutional investors representing more than $2.3 trillion in assets under management have signed a new statement on diversity and inclusion. The list of signatories…
The coronavirus pandemic led to a sharp decrease in people visiting health professionals and filing claims, resulting in an estimated savings of $4.8 billion for Canadian…
The Canada Pension Plan Investment Board is committing US$300 million to take an approximate 24 per cent stake in Virtusa Corp., a global digital and information technology services company.…
Many human resources teams that are planning 2021 salary adjustments and possible changes to total rewards programs need to focus on immediate ways to keep employee morale…
The Canada Pension Plan Investment Board has formally outlined its expectations for portfolio companies when it comes to environmental, social and governance issues in a…
Three-quarters (74 per cent) of Canadians said they’d accept a slightly lower salary in exchange for a better — or any — pension plan, according…
More than a third (36 per cent) of Canadian organizations froze salaries in 2020, compared to a pre-coronavirus forecast of just two per cent, according…
My last column, in April, talked about how Canadian target-date fund suites behaved differently during the first quarter of this year, where markets were reacting…
Since the mid-1970s, gold prices have increased in periods when investors were concerned about future inflation. Currently, gold prices are near highs comparable to January…
Several members were either elected or re-elected to the Investment Industry Regulatory Organization of Canada’s board of directors last week. Among the newly elected members…
New Democratic Party Leader Jagmeet Singh said his party will support last week’s throne speech on the condition that more Canadians be granted access to…
An upcoming Sun Life Canada drug plan change that will be implemented outside of plan sponsors’ renewal periods is calling attention to the practice of block-level…