Latest news in Benefits Canada Archive

Workplace inclusivity starts with acknowledging systemic racism: report

Workplace inclusivity starts with acknowledging systemic racism: report

Canadian businesses are grappling with how to move forward with conversations around race. “In order to affect the systemic changes needed to foster inclusivity, we…

63% of Canadian employers investing in employee well-being for post-pandemic: survey

Four in five (80 per cent) Canadian employers believe they have the appropriate programs and practices in place to support employees’ mental, physical, emotional and…

  • By: Staff
  • July 29, 2020 February 17, 2021
  • 09:45
HOOPP joining association to foster peer-to-peer trading

HOOPP joining association to foster peer-to-peer trading

The Healthcare of Ontario Pension Plan, along with three other large pension plans and other stakeholders, is forming the Global Peer Financing Association. The goal…

  • By: Staff
  • July 29, 2020 November 12, 2020
  • 09:00
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Strong Q2 equity gains good news for DB plans: report

Canadian defined benefit pension plans recovered some of their losses from the start of 2020 in the second quarter off the back of strong public…

  • By: Staff
  • July 29, 2020 December 6, 2020
  • 07:48
OMERS appointing Ingrid Chingcuanco as VP, pension operations

OMERS appointing Ingrid Chingcuanco as VP, pension operations

The Ontario Municipal Employees Retirement System is appointing Ingrid Chingcuanco as vice-president of pension operations. She joined the OMERS nearly eight years ago as director…

  • By: Staff
  • July 28, 2020 November 12, 2020
  • 15:00
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ILPA introduces deal-by-deal agreement template for private equity industry

The Institutional Limited Partners Association is publishing a deal-by-deal model limited partnership agreement and term sheet to serve as a template for the industry. “We…

  • By: Staff
  • July 28, 2020 December 6, 2020
  • 10:26
A third of working Canadians worry about job security during pandemic: survey

A third of working Canadians worry about job security during pandemic: survey

More than half (58 per cent) of working Canadians said they feel more concerned about their financial situation due to the coronavirus pandemic, according to…

  • By: Staff
  • July 28, 2020 November 11, 2020
  • 09:20
CRA pension bulletin shouldn’t apply to MEPPs, JSPPs, says ACPM

CRA pension bulletin shouldn’t apply to MEPPs, JSPPs, says ACPM

In a letter to the Canada Revenue Agency’s registered plans directorate, the Association of Canadian Pension Management said a new draft bulletin only covers a concern attached…

  • By: Staff
  • July 28, 2020 November 30, 2020
  • 09:15

Survey: Business economists sketch a more hopeful outlook

The economic outlook of U.S. business economists has improved over the past three months, though their sunnier view may be jeopardized by the resurgence of…

Canadian DB pensions holding about equal weight in stocks, fixed income: PIAC

Canadian DB pensions holding about equal weight in stocks, fixed income: PIAC

Canadian defined benefit plan sponsors are holding an almost equal amount of fixed income and equity in their portfolios, according to the Pension Investment Association of Canada’s 2019 asset…

  • By: Staff
  • July 27, 2020 November 30, 2020
  • 15:15
CPPIB shedding shares of Canadian gold mine developer

CPPIB shedding shares of Canadian gold mine developer

CPPIB Credit Investments Inc., a wholly owned subsidiary of the Canada Pension Plan Investment Board, is selling 10 million shares in Battle North Gold Corp. The…

  • By: Staff
  • July 27, 2020 November 12, 2020
  • 15:00

CPPIB Credit shedding shares of Canadian gold mine developer

CPPIB Credit Investments Inc., a wholly owned subsidiary of the Canada Pension Plan Investment Board, is selling 10 million shares in Battle North Gold Corp.…

  • By: Staff
  • July 27, 2020 December 6, 2020
  • 09:16

B.C. launches online tool to process temporary layoff extension applications

British Columbia’s ministry of labour is introducing a new online portal to help the government process applications for temporary layoff extensions more quickly. In late June, the province extended the…

  • By: Staff
  • July 27, 2020 December 2, 2020
  • 09:15
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BCI’s QuadReal closes inaugural green bond senior note offering

QuadReal Property Group, the real estate investment arm of the British Columbia Investment Management Corp., has issued $350 million of 1.747 per cent series-2 senior…

  • By: Staff
  • July 27, 2020 December 6, 2020
  • 07:46
Canadian DB pension plans see rebound off strong equity gains: reports

Canadian DB pension plans see rebound off strong equity gains: reports

Canadian defined benefit pension plans recovered some of their losses from the start of 2020 in the second quarter off the back of strong public…

  • By: Staff
  • July 24, 2020 November 12, 2020
  • 15:15
Expats cite health, well-being as greater priority in pandemic: survey

Expats cite health, well-being as greater priority in pandemic: survey

Among Canadian expatriates who said their future plans have been affected by the coronavirus pandemic, 53 per cent said their health and well-being is now…

  • By: Staff
  • July 24, 2020 November 12, 2020
  • 15:15
CPPIB updates sustainable investing policy

CPPIB updates sustainable investing policy

The Canada Pension Plan Investment Board is updating its policy on sustainable investing to reflect an increased conviction in the importance of environmental, social and governance risks…

  • By: Staff
  • July 24, 2020 November 12, 2020
  • 09:15
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Quebec introduces new relief measures for supplemental pension plans

Quebec has published new draft regulations aimed at helping the administrators of supplemental pension plans to navigate the coronavirus pandemic. The proposed regulations would allow plan members…

  • By: Staff
  • July 24, 2020 November 16, 2021
  • 09:00
Mercer Canada appointing wealth business leader

Mercer Canada appointing wealth business leader

Mercer Canada is appointing Teresa Palandra as leader of its wealth business. Palandra will be in charge of investment, wealth management and retirement services and solutions…

  • By: Staff
  • July 24, 2020 November 12, 2020
  • 08:45
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Canadian pensions sign pledge to tackle anti-Black systemic racism

Several prominent players in Canada’s pension industry have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle anti-Black systemic…

  • By: Staff
  • July 24, 2020 December 6, 2020
  • 07:56
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June inflation rate turns positive amid early stages of economic reopening

The country’s inflation barometer turned positive last month after two months of deflation as the consumer price index increased by 0.7 per cent in June…

Cirque’s adventure may end badly for Quebec institutional investors

Cirque’s adventure may end badly for Quebec institutional investors

The purchase offer for Cirque du Soleil from its secured creditors risks eliminating Quebec’s longstanding presence as a shareholder and causing losses of tens of…

Navacord acquiring Ontario-based benefits firms

Navacord acquiring Ontario-based benefits firms

Navacord Corp. is acquiring Ontario-based firms Selectpath Benefits and Financial Inc. and ProBenefits Consulting Inc., more than doubling its benefits revenue. With a strong presence…

  • By: Staff
  • July 23, 2020 November 12, 2020
  • 15:15
Most Canadians don’t understand CPP, OAS deferral options: survey

Most Canadians don’t understand CPP, OAS deferral options: survey

When it comes to retirement benefits like the Canada Pension Plan and old-age security, the majority of Canadians don’t understand their options for deferral, according…

  • By: Staff
  • July 23, 2020 November 12, 2020
  • 09:15
Canadian pensions, consultants, institutional investors sign pledge to tackle anti-Black racism

Canadian pensions, consultants, institutional investors sign pledge to tackle anti-Black racism

Several prominent players in Canada’s pensions and benefits industries have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle…

  • By: Staff
  • July 23, 2020 November 12, 2020
  • 08:45