Latest news in Benefits Canada Archive

Is China’s economic recovery sustainable?

China’s V-shaped economic recovery continued for a fourth consecutive month in June, led by strong domestic demand. And if the novel coronavirus remains under control,…

Canada sets temporary minimum unemployment rate for EI

The federal government is setting a temporary minimum unemployment rate of 13.1 per cent for all employment insurance economic regions across Canada. The move, which took effect…

OMERS leading funding round for U.S. online learning company

OMERS leading funding round for U.S. online learning company

The Ontario Municipal Employees Retirement System’s growth equity arm is leading a $66 million Series D funding round for American online learning company Skillshare Inc.…

  • By: Staff
  • August 11, 2020 November 12, 2020
  • 15:15

EQ Care partnering with RWAM for virtual health-care services

EQ Care is forming a partnership with RWAM Insurance Administrators Inc. with the aim of facilitating access to virtual health-care services. RWAM, a Canadian third-party…

  • By: Staff
  • August 11, 2020 November 24, 2020
  • 09:00
AIMA Canada forming new executive committee

AIMA Canada forming new executive committee

The Canadian chapter of the Alternative Investment Management Association is forming its new 2020-22 executive committee. Belle Kaura, vice-president of legal and chief compliance officer…

  • By: Staff
  • August 11, 2020 November 11, 2020
  • 08:45
U.S. shopping centres substantial headwind for Caisse in first half of 2020

U.S. shopping centres substantial headwind for Caisse in first half of 2020

The Caisse de dépôt et placement du Québec had a challenging first half of 2020, posting a negative 2.3 per cent return. However, the pension fund…

  • By: Staff
  • August 10, 2020 November 12, 2020
  • 15:30

B.C. employer’s health tax to impact employees, says study

British Columbia’s new health tax will cost the average worker nearly $3,000 a year in foregone wages, according to a new study released by the…

  • By: Staff
  • August 10, 2020 November 24, 2020
  • 15:15
IMCO invests in affordable housing, logistics, power markets

IMCO invests in affordable housing, logistics, power markets

The Investment Management Corp. of Ontario is investing in an affordable housing fund to build apartments in Toronto and Vancouver. The IMCO is committing $60 million…

  • By: Staff
  • August 10, 2020 November 12, 2020
  • 15:00
Return some excess drug revenues to employers, CLHIA says in submission to PMPRB

Return some excess drug revenues to employers, CLHIA says in submission to PMPRB

In its submission to the Patented Medicine Prices Review Board’s draft guidelines, the Canadian Life and Health Insurance Association is suggesting that the board consider…

  • By: Staff
  • August 10, 2020 November 30, 2020
  • 09:30
Employees suffering from financial stress benefit from multi-channel education: report

Employees suffering from financial stress benefit from multi-channel education: report

With financial worries swirling through the minds of many employees as the economic impacts of the pandemic rage, some segments of employee populations may be feeling…

  • By: Staff
  • August 10, 2020 February 23, 2021
  • 09:00
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Balancing liquidity and the search for yield at U.S. public pension funds

U.S. public pension funds can expect to see hurdles from the coronavirus crisis similar to those experienced in past recessions, according to a new report…

  • By: Staff
  • August 10, 2020 December 6, 2020
  • 08:04

Looking beyond the U.S. for quality fundamentals at the right price

US equities have dominated their global peers over the past decade. As of 30 June, the S&P 500 had returned 14.5 per cent per annum…

Caisse de dépôt posts negative 2.3 per cent return in first six months of 2020

The Caisse de dépôt et placement du Québec says the economic impacts of the coronavirus pandemic resulted in posting a negative return of 2.3 per…

EQ Care, myHSA enter agreement expanding access to telemedicine

EQ Care, myHSA enter agreement expanding access to telemedicine

Digital benefits company myHSA and virtual health-care organization EQ Care are entering into an agreement to expand access to telemedicine. Through the agreement, EQ Care…

  • By: Staff
  • August 7, 2020 November 12, 2020
  • 15:45
Ontario Teachers’ investing in U.S. video games developer

Ontario Teachers’ investing in U.S. video games developer

The Ontario Teachers’ Pension Plan is taking part in a US$1.78-billion financing round for Epic Games Inc., a U.S. video game and software developer. In…

  • By: Staff
  • August 7, 2020 November 12, 2020
  • 14:00
From hiring to mentoring: Fighting bias is good for business

From hiring to mentoring: Fighting bias is good for business

Cognitive bias exists in the very fabric of the business world and is a key element holding back its progress, according to Sudhir Roc-Sennett, head of thought…

Mental health firmly in the spotlight due to impacts of coronavirus, says report

Mental health firmly in the spotlight due to impacts of coronavirus, says report

Canada could experience a 2.6-fold increase in visits to mental-health practitioners and up to a 20 per cent increase in antidepressant prescriptions due to the…

Will well-established alternatives managers come out on top in the wake of coronavirus?

In the wake of the coronavirus fallout, real estate, infrastructure and private debt investors seem to be zeroing in on well-established managers, according to Preqin…

  • By: Staff
  • August 7, 2020 December 6, 2020
  • 08:35
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Are hedge fund activists value creators or just good stock pickers?

Hedge fund activism is associated with higher short- and long-term returns, but is this because activists are value creators? Or are they just good stock…

North American investors closer to falling in line with global counterparts on ESG: survey

North American investors closer to falling in line with global counterparts on ESG: survey

North American institutional investors are catching up to other global regions in their interest in sustainable investing, according to a new survey by FTSE Russell. Nearly…

  • By: Staff
  • August 6, 2020 November 12, 2020
  • 09:45
Ontario pledges help for ‘overworked,’ ‘underpaid’ personal support workers

Ontario pledges help for ‘overworked,’ ‘underpaid’ personal support workers

Ontario’s overworked and underpaid personal support workers will soon be receiving government assistance, the province’s premier said Thursday as he heaped praise on a group…

Index shows coronavirus, response to racism affecting Canadians’ mental health

The ongoing impact of the coronavirus pandemic, coupled with the increased awareness and societal response to anti-Black racism, is continuing to affect Canadians’ mental health,…

  • By: Staff
  • August 6, 2020 July 19, 2022
  • 09:00
Majority of employers expecting to bring back furloughed workers by Q1 2021, finds survey

Majority of employers expecting to bring back furloughed workers by Q1 2021, finds survey

While a majority (55 per cent) of North American employers said they expect most of their furloughed workers will return to work by the first quarter…

  • By: Staff
  • August 5, 2020 November 12, 2020
  • 15:30

Government calling for employers to join EI commission

The federal government is seeking applicants for the positions of commissioner for employers and commissioner for workers in its Canada Employment Insurance Commission. The commissioners…

  • By: Staff
  • August 5, 2020 November 12, 2020
  • 15:15

What does an increase in long-term government debt issuance mean for pension plans?

As part of the federal government’s debt management strategy, it’s increasing long-term debt issuance. In particular, the government will be increasing issuance of the 10-year…