Latest news in Benefits Canada Archive

IMCO creating policy research internships at C.D. Howe Institute

The Investment Management Corp. of Ontario is supporting six paid internships at the C.D. Howe Institute for summer 2020. “The COVID-19 pandemic is creating a…

  • By: Staff
  • May 28, 2020 December 6, 2020
  • 07:26

Commercial litigation finance demand fuelled by coronavirus

In legal circles, it has always been thought that crises breed litigation. And while that appears to be the case in the current crisis, it…

Google to pay work-from-home allowance to all global employees

Google to pay work-from-home allowance to all global employees

With the expectation that most of its workers will be working from home for the rest of 2020, Google is giving all of its global…

  • By: Staff
  • May 27, 2020 November 12, 2020
  • 15:15
Manulife giving 35,000 staff day off as thank you

Manulife giving 35,000 staff day off as thank you

Manulife Financial and its subsidiary John Hancock are giving their more than 35,000 employees a day off on Friday to say thank you for all…

  • By: Staff
  • May 27, 2020 November 12, 2020
  • 15:00
Employers can’t use SUB plans to top up employees laid off due to pandemic

Employers can’t use SUB plans to top up employees laid off due to pandemic

Employers with registered supplemental unemployment benefit plans aren’t able to use them to top up laid-off employees who are receiving the Canada Emergency Response Benefit.…

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What can institutional investors learn from coronavirus crisis?

As investors begin to digest the extended ramifications of the coronavirus pandemic, certain investment lessons are emerging. For one, investing globally provided diversification opportunities as…

  • By: Staff
  • May 27, 2020 December 6, 2020
  • 08:41

What does coronavirus mean for institutional investors engaged in aviation leasing?

With air traffic expected to drop by almost 50 per cent in 2020, institutional investors that use aircraft leasing as part of their investment strategies…

Green Shield Canada investing in pharmacogenetics company

Green Shield Canada is investing in Canadian pharmacogenetics company GenXys Health Care Systems. The two companies will be collaborating on new pharmacogenetic products, which are…

  • By: Staff
  • May 26, 2020 November 24, 2020
  • 15:20
Trudeau commits to working with provinces on paid sick leave

Trudeau commits to working with provinces on paid sick leave

Prime Minister Justin Trudeau has confirmed he’ll work with the provinces on creating 10 days of paid sick leave for all Canadians. “Nobody should have to…

Mercer appoints Canadian and U.S. heads of responsible investing

Mercer appoints Canadian and U.S. heads of responsible investing

Mercer is appointing Monika Freyman as Canadian head of responsible investment and David Fanger in the same role for the U.S. In the roles, Freyman…

  • By: Staff
  • May 26, 2020 November 12, 2020
  • 15:00
CPPIB posts 3.1% gains for fiscal 2020 after difficult final quarter

CPPIB posts 3.1% gains for fiscal 2020 after difficult final quarter

The Canada Pension Plan Investment Board saw a 3.1 per cent net return for its fiscal 2020 year, which ended March 31. Rising to $409.6 billion…

Saskatchewan NDP calling for binding mediation to end Unifor, Co-op pension dispute

Saskatchewan NDP calling for binding mediation to end Unifor, Co-op pension dispute

The leader of the Saskatchewan New Democratic Party is calling on the provincial government to implement binding arbitration to end the months-long lockout and pension dispute between…

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Pension de-risking and the coronavirus – what now?

It’s hard to believe that just recently, people weren’t cutting their own hair or binge-watching Tiger King. At the beginning of the year, defined benefit…

The benefits of routine in an unpredictable world

When it comes to living through any stressful and uncertain time, routine is one of the unsung heroes. In a situation like the current coronavirus…

FSRA issues new guidance for pension plans transferring commuted values, purchasing annuities

The Financial Services Regulatory Authority of Ontario has issued new guidance on transferring commuted values and purchasing annuities when a pension plan’s transfer ratio has…

  • By: Staff
  • May 25, 2020 April 5, 2022
  • 15:00
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Troubled U.S. small business relief program a stopgap measure

Among the myriad fiscal responses to the coronavirus pandemic, perhaps none has received more attention in the U.S. than the federal programs for small businesses.…

How can asset managers firm up defences with markets in turmoil?

The value of total global assets under management grew by 15 per cent in 2019, with institutional investors’ assets reaching $52 trillion, according to a…

  • By: Staff
  • May 25, 2020 December 6, 2020
  • 10:50

Employee well-being critical to return to work after pandemic

Addressing employees’ well-being will be a critical component of returning to the workplace as isolation and closure measures start to loosen. “Our greatest assets [are our] people,” said…

Private equity activity slumps in Q1: report

Private equity activity slumps in Q1: report

With volatility rattling public markets, fundraising for private equity deals took a tumble during the first quarter of 2020, according to a new report by…

  • By: Staff
  • May 25, 2020 November 12, 2020
  • 08:45
Winnipeg Public Service recommending reversal of police pension bylaw changes

Winnipeg Public Service recommending reversal of police pension bylaw changes

The Winnipeg Public Service is recommending the reversal of amendments to the City of Winnipeg’s police pension bylaw. The amendments, which took effect April 1, 2020,…

  • By: Staff
  • May 22, 2020 November 30, 2020
  • 15:25
Canadian employment rises 1.8% as economies reopen: Stats Can

Reduced hours worked could impact multi-employer pension plan costs: report

The funded status of the Segal Group Inc.’s model multi-employer pension plan fell from 95 per cent to 86 per cent during the first quarter…

  • By: Staff
  • May 22, 2020 February 23, 2021
  • 15:15
People Corp. appoints Brevan Canning president

People Corp. appoints Brevan Canning president

People Corp. has appointed Brevan Canning as president, effective May 21. Since joining the organization when it was created in 2007, Canning has held senior…

  • By: Staff
  • May 22, 2020 November 12, 2020
  • 15:00

Canadian plan sponsors seeing sharp declines in health, dental claims

Plan sponsors have seen significant decreases in their extended health and dental claims over the past three months, according to new data by Eckler Ltd.…

Sustainable investment outperformed in Q1: report

Sustainable investment outperformed in Q1: report

Sustainable indexes largely outperformed during the first quarter of 2020 amid market turmoil caused by the coronavirus pandemic, according to BlackRock Inc.’s latest sustainability report.…

  • By: Staff
  • May 22, 2020 November 12, 2020
  • 09:15
Shopify moving majority of employees to permanent remote work

Shopify moving majority of employees to permanent remote work

Shopify Inc. is moving the majority of its employees to permanent work-from-home arrangements and closing its offices until 2021. “Until recently, work happened in the…

  • By: Staff
  • May 22, 2020 November 12, 2020
  • 09:00