Latest news in Benefits Canada Archive

Manulife cutting group benefits plan premiums for May

Manulife Financial Corp. is lending a hand to group benefits plan sponsors in light of the tight financial situation many businesses are in due to…

  • By: Staff
  • April 20, 2020 March 24, 2021
  • 08:30
CPPIB, Ontario Teachers’ take stake in Mexican infrastructure developer

CPPIB, Ontario Teachers’ take stake in Mexican infrastructure developer

The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are purchasing 40 per cent of the shares of Impulsora del Desarrollo y el Empleo…

  • By: Staff
  • April 17, 2020 November 12, 2020
  • 14:30

How can employers manage work-from-home burnout?

Before the coronavirus pandemic, 20 per cent of BMO Financial Group’s 45,000 employees were working from home on a fairly regular basis. Since March, that’s jumped…

Canada Life cutting group health premiums to support Canadians, SMEs

Canada Life cutting group health premiums to support Canadians, SMEs

The Canada Life Assurance Co. is cutting its health insurance premiums for its employer-sponsored benefits plans to support small- and medium-sized businesses facing hardship as…

  • By: Staff
  • April 17, 2020 November 12, 2020
  • 09:05
Canada pausing solvency payments for federally regulated DB pension plans

Canada pausing solvency payments for federally regulated DB pension plans

The federal government is halting solvency special payments for federally regulated defined benefit pension plans until the end of 2020. The moratorium on payments under…

  • By: Staff
  • April 17, 2020 November 30, 2020
  • 09:03
Caisse shifts roles in response to economic challenges

Caisse shifts roles in response to economic challenges

The Caisse de dépôt et placement du Québec is making a number of personnel changes as part of its response to the economic challenges. “At…

  • By: Staff
  • April 17, 2020 November 12, 2020
  • 09:02
Provincial Judges’ Pension Plan joins IMCO

Provincial Judges’ Pension Plan joins IMCO

The Investment Management Corp. of Ontario is taking on the Provincial Judges’ Pension Plan as its latest client. The pension plan is joining with $420…

  • By: Staff
  • April 17, 2020 November 12, 2020
  • 09:01
Editorial: The medium is the message

Editorial: The medium is the message

Coined by Canadian philosopher Marshall McLuhan, “the medium is the message” proposes that a medium, rather than the content it carries, is what shapes and…

Head to head: Is carbon divestment becoming obligatory for pension plans?

Globally, many pension funds are divesting from carbon and fossil fuels, while others are staying the course and focusing on financial value and their fiduciary…

How Provincial Aerospace promotes employee education

How Provincial Aerospace promotes employee education

Provincial Aerospace Ltd. is helping its employees’ careers take flight with its tuition assistance program and professional development initiatives. The aerospace firm and regional airline,…

How can employers help bridge the gender pension gap?

Women are in a worse position than men when it comes to pension savings, thanks to several systemic factors. So how can plan sponsors bridge…

Why pension funds should have boots on the ground globally

Why pension funds should have boots on the ground globally

The world may be more digital than ever, but a physical presence can still sometimes make the difference between success and failure for pension plans…

How the City of Montreal uses alternatives for pension stability

Changes to Quebec’s pension legislation, including a move away from solvency funding requirements and the introduction of a cost-sharing model, against the backdrop of a…

Coverage of the 2020 DC Plan Summit

During an educational two days in Montreal, the 2020 DC Plan Summit, on Feb. 5-7, featured a range of sessions diving into today’s top issues…

A field guide to the spectrum of Canadian mental-health professionals

Mental-health issues continue to be a driver of employee absence and disability year after year, so it’s important for employers to understand and cover a…

Q&A with Telus Communications’ Carol Craig

Telus Communications Inc.’s director of pension and benefits talks about plan member choice, honouring diversity and local walks. Q. What top challenges do you face in…

Is your pension communication message getting through?

Is your pension communication message getting through?

Defined contribution plan sponsors are often concerned their members aren’t taking full advantage of the pension offering and can wonder why their communications strategies don’t…

A look at the different paths to ESG integration

A look at the different paths to ESG integration

With environmental, social and governance issues becoming more prominent among investors, it’s important to consider what sustainability means for DC plans. Plan sponsors are facing…

How PCL Construction balances its DC pension and employee share plan

How PCL Construction balances its DC pension and employee share plan

At PCL Construction, employee ownership is built into the company culture and is a big part of total compensation. However, it’s created some apathy when…

What do target-date funds have in common with automobiles?

What do target-date funds have in common with automobiles?

At Benefits Canada‘s 2020 DC Plan Summit in Montreal in February, in a session highlighting innovations in target-date funds, Gary Chateram, former vice-president of institutional sales…

Taking a broader view of pension sustainability

Taking a broader view of pension sustainability

While the pension industry has historically thought about the sustainability of pension plans themselves, it’s now time to think about sustainability more broadly, said Kate…

Modern view of retirement readiness includes non-retirement goals

Modern view of retirement readiness includes non-retirement goals

As the world changes, so do the workforce and workplaces of today, demanding a new approach to how the industry is helping defined contribution plan…

The risks and rewards of post-retirement solutions

The risks and rewards of post-retirement solutions

As thoughts turn to decumulation, defined contribution plan sponsors have to look for different metrics to assess the variety of products on offer. During a…

Balancing the risks and opportunities of AI

Balancing the risks and opportunities of AI

Artificial intelligence is everywhere and will affect every sector, said Nathalie de Marcellis-Warin, president and chief executive officer of the research organization the Center for…

Using automatic tools to engage employees in retirement saving

Using automatic tools to engage employees in retirement saving

When Gracie Inacay, former executive director and head of HR at Harris Associates, joined the firm, she took a good, long look at its defined…