Latest news in Benefits Canada Archive

U.S. employers maintaining health benefits, considering other cost-cutting measures: survey

North American companies making total rewards cuts as pandemic extends: survey

North American employers are attempting to strike a balance between supporting employees and reducing costs during the coronavirus pandemic, according to a new survey by Aon.…

  • By: Staff
  • April 23, 2020 November 30, 2020
  • 15:00
CRA introduces calculator to help employers with wage subsidy applications

CRA introduces calculator to help employers with wage subsidy applications

The federal government has introduced a special calculator to further encourage employers to re-hire workers using the Canada Emergency Wage Subsidy. The calculator is on the Canada…

  • By: Staff
  • April 23, 2020 November 12, 2020
  • 14:50
What opportunities does the oil glut offer Canadian pension portfolios?

What opportunities does the oil glut offer Canadian pension portfolios?

With crude oil futures contracts crashing through the floor into negative territory at the beginning of the week, what opportunities are opening up for institutional…

BMO highlights health supports for staff during coronavirus

BMO highlights health supports for staff during coronavirus

BMO Financial Group is highlighting a number of its health supports for employees during the coronavirus pandemic. The bank is hosting conference calls with physicians…

More Canadian insurers reducing benefits plan premiums

More Canadian insurers reducing benefits plan premiums

Alberta Blue Cross, Green Shield Canada, iA Financial Group and Medavie Blue Cross are the latest insurers to reduce benefits plan premiums during the coronavirus…

  • By: Staff
  • April 23, 2020 November 12, 2020
  • 09:45
OMERS considering shared-risk indexing, expanded eligibility to non full-time workers

OMERS considering shared-risk indexing, expanded eligibility to non full-time workers

The Ontario Municipal Employees Retirement System’s sponsors corporation board is considering two plan design changes: the introduction of shared-risk indexing and the expansion of pension…

  • By: Staff
  • April 22, 2020 November 12, 2020
  • 15:00
RBC, Wello partner on virtual health care access for Canadian employers

RBC, Wello partner on virtual health care access for Canadian employers

The Royal Bank of Canada is expanding its partnership with telemedicine platform Wello to give Canadian businesses and their employees access to virtual health care during…

  • By: Staff
  • April 22, 2020 November 12, 2020
  • 14:45
123065338-123RF

OMERS considering shared-risk indexing and expanding eligibility to non full-time workers

The Ontario Municipal Employees Retirement System sponsors corporation board is considering two plan design changes: the introduction of shared-risk indexing and the expansion of pension…

  • By: Staff
  • April 22, 2020 December 13, 2020
  • 11:47
Unions across job sectors crying out for increased safety measures

Unions across job sectors crying out for increased safety measures

Unions across the country are pushing for further measures to keep their members safe, whether they stock the frozen food section in a grocery store…

35% of Canadians expect to lose their jobs in the next four weeks: Stats Can

35% of Canadians expect to lose their jobs in the next four weeks: Stats Can

More than a third (35 per cent) of Canadians said they expect to lose their job or the main source of self-employment income in the next four weeks…

  • By: Staff
  • April 22, 2020 November 11, 2020
  • 09:30
79877109-123RF

Morningstar to acquire Sustainalytics

Two big players in the investment research space are joining forces. Morningstar Inc., a U.S.-based independent research firm is fully acquiring Sustainalytics, a Dutch-domiciled firm…

  • By: Staff
  • April 22, 2020 December 13, 2020
  • 08:39
33781309-123RF

How can pension plans ensure diversity of thought at the board table?

Much attention has been paid to surface-level diversity in the boardroom, but what about diversity of thought? “Groupthink describes faulty decision-making,” says Rahul Bhardwaj, president…

Will China come out of pandemic stronger in institutional investors’ eyes?

Will China come out of pandemic stronger in institutional investors’ eyes?

Even amid the global chaos created by the coronavirus pandemic, China is too big an economy for institutional investors to ignore. A recent report by Greenwich…

Morneau Shepell, Lift partner on virtual fitness programs

Morneau Shepell, Lift partner on virtual fitness programs

Morneau Shepell Ltd. and fitness app Lift are partnering to add artificial intelligence-based fitness programs and live coaches to Morneau Shepell’s LifeWorks well-being platform. Through the…

  • By: Staff
  • April 21, 2020 November 12, 2020
  • 15:00
Equitable Life offering premium relief on health, dental benefits

Equitable Life offering premium relief on health, dental benefits

Equitable Life Insurance Co. of Canada is offering premium relief for all of its traditional and myFlex group plans for health and dental benefits. Since…

  • By: Staff
  • April 21, 2020 November 12, 2020
  • 09:15

How to help CAP members now and in the future

In this time of pandemic, a lot has been shared about the woes of defined benefit pension plans, but members of capital accumulation plans are…

Can employees’ subjective ages impact their savings behaviour?

In 2018, a 69-year-old man named Emile Ratelband in the Netherlands lost a legal fight to change his birth date to 20 years earlier, arguing…

116592670-123RF

Q&A: Oil prices go negative. What does that mean?

The world is awash in oil, there’s little demand for it and we’re running out of places to put it. That in a nutshell explains…

Employers taking many approaches to leave, benefits during coronavirus pandemic

Employers taking many approaches to leave, benefits during coronavirus pandemic

Canadian employers are taking varied approaches to leave, compensation and benefits during the coronavirus pandemic, according to a new survey by Aon. The survey, conducted…

  • By: Staff
  • April 20, 2020 November 12, 2020
  • 15:30
Nearly five million more Canadians worked at home in March: Stats Can

Nearly five million more Canadians worked at home in March: Stats Can

About 4.7 million Canadians who don’t usually work from home did so during the week of March 22, according to a new survey by Statistics…

  • By: Staff
  • April 20, 2020 November 12, 2020
  • 15:15
OMERS names new COO, chief legal, corporate affairs officer

OMERS names new COO, chief legal, corporate affairs officer

The Ontario Municipal Employees Retirement System is appointing Bob Aziz as its new chief operating officer and Michael Kelly as its chief legal and corporate affairs officer. In…

  • By: Staff
  • April 20, 2020 November 30, 2020
  • 15:00
81958585-123RF

Managing a real estate portfolio amid the coronavirus crisis

While the fallout from the coronavirus pandemic has wreaked havoc on many asset classes, institutional investors in real estate face a unique set of challenges.…

Drug plan considerations during the coronavirus pandemic

Drug plan considerations during the coronavirus pandemic

With providers of dental and paramedical services closed, many aspects of the benefits plans are seeing reduced use. But drug plan spending is continuing unabated — and…

An overview of Canadian DB pension relief measures during coronavirus

Provincial and federal regulators are beginning to roll out relief measures for defined benefit pension plan sponsors, ranging from administrative filing extensions to freezes on…

Tech, health care set to be winning sectors for institutional investors during, after pandemic

Tech, health care set to be winning sectors for institutional investors during, after pandemic

While equity markets took substantial hits as the coronavirus pandemic arrived in North America, technology and health-care companies have performed well and are set to…