Latest news in Benefits Canada Archive

Contract, self-employed Canadians worry about end of coronavirus support

Contract, self-employed Canadians worry about end of coronavirus support

Summers are big business for the Butlers. Samantha and her husband John are partners in a small photography and videography business, with the bulk of…

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OPEC, oil nations agree to nearly 10 million barrel cut amid virus

The Organization of the Petroleum Exporting Countries, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or…

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How do sovereign wealth funds’, public pensions’ real estate investments compare?

Despite the key differences between sovereign wealth funds and public pension plans, the two institutional investors are quite similar in that they’re large, state-owned, sophisticated…

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The policy response to coronavirus: printing our way to salvation or inflation?

The novel coronavirus has brought with it an unprecedented shuttering of the global economy and an equally unprecedented policy response. The speed and scale at…

Are there legal issues for pension funds making charitable donations right now?

Are there legal issues for pension funds making charitable donations right now?

With the coronavirus pandemic causing pain for employers and employees across the country, many organizations want to help out those in need. But can pension…

Considerations for employers rehiring with help from federal wage subsidies

With a few days under their belts to digest the federal government’s proposed wage subsidy benefits, some Canadian employers are starting to rehire workers who were put…

AIMCo earns 10.6% return for 2019, underperforms benchmark

The Alberta Investment Management Corp. delivered a 10.6 per cent return in 2019, net of all fees, representing a net investment income of about $11.5…

  • By: Staff
  • April 9, 2020 November 11, 2020
  • 08:45
Employers to have easier time accessing coronavirus wage subsidy program

Employers to have easier time accessing coronavirus wage subsidy program

The federal government will now only require employers to demonstrate a 15 per cent drop in revenue during the month of March due to the…

  • By: Staff
  • April 8, 2020 November 12, 2020
  • 15:45
Webinar: Coronavirus and workplace mental health

Webinar: Coronavirus and workplace mental health

While physical well-being is vital during the coronavirus pandemic, the situation is raising multiple mental-health issues, including rising stress levels exacerbated by job uncertainty and…

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PRI makes recommendations on responsible investing during the coronavirus pandemic

When the dust settles from the coronavirus pandemic, what environmental, social and governance lessons will shine through? A recent blog post by Fiona Reynolds, chief…

  • By: Staff
  • April 8, 2020 December 13, 2020
  • 09:11
Global sales of mental-health drugs could hit US$40B by 2025 due to coronavirus

Global sales of mental-health drugs could hit US$40B by 2025 due to coronavirus

The mental-health repercussions of the coronavirus could see global sales of psychiatric drugs increase to more than US$40 billion by 2025, according to data and…

  • By: Staff
  • April 7, 2020 November 12, 2020
  • 15:00

Legal considerations for pension plan sponsors on design changes amid coronavirus

Financial hardship is hitting employers across Canada and they’re starting to make difficult choices around cost-cutting measures within their businesses. “Some plan sponsors may be…

How to talk about pensions and benefits during coronavirus

How to talk about pensions and benefits during coronavirus

The coronavirus pandemic has hit us all hard, and pensions and benefits are no exception. The pandemic has implications for out-of-country emergency travel insurance, disability benefits…

PSP investing in real estate advisory and tech firm

PSP investing in real estate advisory and tech firm

The Public Sector Pension Investment Board is making a strategic investment in SitusAMC, which provides advisory, outsourcing, talent and technology solutions to both the commercial and…

  • By: Staff
  • April 6, 2020 November 12, 2020
  • 15:51
CPPIB appoints head of San Francisco operations

CPPIB appoints head of San Francisco operations

The Canada Pension Plan Investment Board is appointing Judy Wade as managing director and head of the San Francisco offices it set up in August 2019. In…

  • By: Staff
  • April 6, 2020 November 12, 2020
  • 15:45
Consulting firm urging government for non-punitive RRSP withdrawal plan

Consulting firm urging government for non-punitive RRSP withdrawal plan

George & Bell Consulting Inc. is calling on the federal government to allow non-punitive withdrawals from registered retirement savings plans for Canadians to meet their…

81% of Canadians say coronavirus is negatively affecting their mental health: survey

Morneau Shepell Ltd.’s latest monthly mental-health index, which includes a measure of how the coronavirus pandemic is impacting Canadian workers’ mental health, has reached a new…

  • By: Staff
  • April 6, 2020 March 29, 2021
  • 15:15
Winnipeg Police Association wins pension grievance against City

Winnipeg Police Association wins pension grievance against City

An arbitrator has ruled in favour of the Winnipeg Police Association in its dispute with the City of Winnipeg over the police pension plan. The association…

How will the coronavirus impact long-term disability claims?

The coronavirus pandemic is expected to impact employers’ short-term disability claims’ experience as workers fall ill and require time off work to recover from the virus,…

Investment portfolio rebalancing in the time of coronavirus

Investment portfolio rebalancing in the time of coronavirus

Due to market volatility caused by the coronavirus, pension plans may be finding themselves offside their investment policies as their assets have drifted. Typically, pension…

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Former Caisse CEO named chair of Canada Infrastructure Bank

The federal government is shaking up the people in the top spots at the Canada Infrastructure Bank, including saying goodbye to the chief executive and…

Canadian employers increasing safety measures but not pay for frontline workers: survey

Canadian employers increasing safety measures but not pay for frontline workers: survey

While many Canadian employers are increasing safety measures for their frontline workers during the coronavirus pandemic, a minority are increasing pay or considering doing so, according…

  • By: Staff
  • April 3, 2020 November 12, 2020
  • 15:15
Coronavirus emergency response benefit doesn’t go far enough, say gig workers

Coronavirus emergency response benefit doesn’t go far enough, say gig workers

Alexander Kurth is planning to apply for the new Canada Emergency Response Benefit once the application is available on Monday. But despite being a gig…

Walmart Canada rolls out free virtual health care to all staff

Walmart Canada rolls out free virtual health care to all staff

Walmart Canada has introduced a free virtual health-care platform for employees in response to the coronavirus. The service, through EQ Care, has been available to about 90,000…

Canadian DB solvency levels dropped double digits in Q1

Canadian DB solvency levels dropped double digits in Q1

Canada’s defined benefit plans have had a rough quarter. According to Aon’s median solvency ratio, DB plans fell to an average solvency of 89.1 per…

  • By: Staff
  • April 3, 2020 November 12, 2020
  • 09:30