Latest news in Benefits Canada Archive

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What’s keeping ESG rankings so convoluted?

Morningstar Inc. is taking aim at the disparate ESG disclosure requirements still hampering the investment industry. In a recent report, Morningstar explored some of the…

  • By: Staff
  • July 17, 2020 December 6, 2020
  • 08:15
‘New reality’ of workplace includes virtual health care, enhanced mental-health support: survey

‘New reality’ of workplace includes virtual health care, enhanced mental-health support: survey

The coronavirus pandemic is dramatically affecting workplaces, employers and employees across Canada, according to a new survey by the International Foundation of Employee Benefit Plans.…

  • By: Staff
  • July 16, 2020 November 30, 2020
  • 15:15
Siemens allowing ‘mobile working’ permanently for many workers

Siemens allowing ‘mobile working’ permanently for many workers

Industrial conglomerate Siemens is allowing more than 100,000 of its employees to work away from the office for two or three days a week on…

Accounting standards for public multi-employer pension plans require updating: report

Accounting standards for public multi-employer pension plans require updating: report

When Canadian taxpayers are on the hook for public sector pension plan obligations, these institutions must spell that out clearly in their financial reporting, according to…

  • By: Staff
  • July 16, 2020 November 30, 2020
  • 09:20
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Caisse provides loan to infection-control product company

The Caisse de dépôt et placement du Québec is providing a loan to Medicom Inc., a Quebec-based manufacturer and distributor of infection-control products. The company…

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

OSFI to resume policy development work in fall

The Office of the Superintendent of Financial Institutions is set to restart its policy development work this fall. The OSFI suspended consultations and policy development…

  • By: Staff
  • July 16, 2020 December 6, 2020
  • 07:45
Caisse adds financing to Quebec-based infection control company

Caisse adds financing to Quebec-based infection control company

The Caisse de dépôt et placement du Québec is lending financing to Medicom Inc., a Quebec-based manufacturer and distributor of infection control products. The company, which also…

  • By: Staff
  • July 15, 2020 November 11, 2020
  • 15:15
Brink’s workers join CAAT’s DBplus

Brink’s workers join CAAT’s DBplus

Brink’s Canada Ltd. is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus offering. Represented by Unifor, 582 full- and…

  • By: Staff
  • July 15, 2020 November 11, 2020
  • 15:00
Bank of Canada holds rate, forecasts decline in GDP of 7.8% this year

Bank of Canada holds rate, forecasts decline in GDP of 7.8% this year

The Bank of Canada is holding its key interest rate at 0.25 per cent in response to what it calls the “extremely uncertain” economic outlook…

Alberta Safeway workers vote in favour of strike action over benefits, pandemic pay

Debates are roiling across Canada as many grocery retailers pull back on so-called hero pay for workers who’ve had to face risky conditions during the…

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If private equity doesn’t perform, is it worth institutional investors’ trouble?

As private equity investments become more commonplace in pension fund portfolios, is the asset class really worth it? According to a paper by Ludovic Phalippou,…

  • By: Staff
  • July 15, 2020 December 6, 2020
  • 08:52
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A fundamental problem with target-date funds

Target-date funds lead to defined contribution plan members taking more risk and becoming more diversified than they would be if left to their own devices.…

Aon U.S. launching pooled employer retirement plan

Global consulting firm Aon is launching a new pooled employer retirement plan on Jan. 1, 2021. U.S. defined contribution plan sponsors will be able to…

Blair Richards moves to CIO of Halifax Port ILA/HEA pension plan

Blair Richards moves to CIO of Halifax Port ILA/HEA pension plan

The Halifax Port ILA/HEA pension plan has appointed Blair Richards as its chief investment officer. After more than 20 years as chief executive officer, he…

  • By: Staff
  • July 14, 2020 November 11, 2020
  • 15:30
BCI publishes ESG strategy

BCI publishes ESG strategy

The British Columbia Investment Management Corp. has released its environmental, social and governance strategy, which outlines its beliefs, principles, governance and how its investment strategies…

  • By: Staff
  • July 14, 2020 November 11, 2020
  • 15:15
Federal wage subsidy to be extended to December, says Trudeau

Federal wage subsidy to be extended to December, says Trudeau

The federal government is for the second time extending its program to subsidize wages in companies hit hard by the COVID-19 pandemic, this time until…

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AIMCo board completes volatility trading strategy review

The Alberta Investment Management Corp.’s board of directors has completed its review of a volatility trading strategy, known as VOLTS, that resulted in $2.1 billion…

  • By: Staff
  • July 14, 2020 December 6, 2020
  • 09:23
Genetic non-discrimination law is constitutional, says Supreme Court

Genetic non-discrimination law is constitutional, says Supreme Court

In a split decision, the Supreme Court of Canada has upheld a federal law that forbids companies from making people undergo genetic testing before buying insurance…

Could the pandemic prompt employment insurance reforms?

Could the pandemic prompt employment insurance reforms?

More than eight million Canadians have received the $2,000 monthly Canada Emergency Response Benefit over the course of the pandemic. But labour experts say its…

AIMCo’s board makes recommendation after reviewing strategy that lost $2.1 billion

The Alberta Investment Management Corp. has completed its review of a volatility trading strategy, known as VOLTS, that resulted in $2.1 billion in losses in the…

  • By: Staff
  • July 14, 2020 January 20, 2021
  • 08:45

Statistics Canada analysis suggests small hit to inflation from pandemic

Statistics Canada says Canadians’ buying patterns changed so much during the coronavirus pandemic that its measure of consumer inflation went a little wobbly. The agency…

Saint John Airport staff join CAAT’s DBplus

Firefighters, administrative and infrastructure maintenance personnel at the Saint John Airport are among the newest members to join the Colleges of Applied Arts and Technology…

  • By: Staff
  • July 13, 2020 December 6, 2020
  • 16:26
Saint John Airport staff latest to join CAAT’s DBplus

Saint John Airport staff latest to join CAAT’s DBplus

Firefighters, administrative and infrastructure maintenance personnel at the Saint John Airport are among the newest members to join the Colleges of Applied Arts and Technology…

  • By: Staff
  • July 13, 2020 November 30, 2020
  • 15:15
CPPIB appointing new senior advisor for Europe

CPPIB appointing new senior advisor for Europe

The Canada Pension Plan Investment Board is appointing Guillaume Pepy as senior advisor for Europe. In the new role, which started July 1, he’ll engage with…

  • By: Staff
  • July 13, 2020 November 12, 2020
  • 15:00
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BCI releases ESG strategy

The British Columbia Investment Management Corp. has released its environmental, social and governance strategy, which outlines its beliefs, principles, governance and how its investment strategies…

  • By: Staff
  • July 13, 2020 December 6, 2020
  • 14:14