Latest news in Benefits Canada Archive

MindBeacon launches digital mental-health programs to help Canadians with coronavirus-related stress

MindBeacon launches digital mental-health programs to help Canadians with coronavirus-related stress

MindBeacon is launching a new digital mental-health program, called Stronger Minds, to support all Canadians through heightened stresses related to the coronavirus pandemic. “We, as…

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A coronavirus game plan for defined benefit pension plans

The novel coronavirus has introduced unprecedented volatility to financial markets and is taking its toll on pension plans. We’ve seen sharp corrections in most equity…

Gather data on CAP member behaviour to inform communications in a crisis

Gather data on CAP member behaviour to inform communications in a crisis

In normal circumstances, pension plan members don’t respond well to being inundated with information about their plans. Typically, a deluge of content can turn off…

Canadian pension players making donations, investments to alleviate coronavirus pressure

Canadian pension players making donations, investments to alleviate coronavirus pressure

With a world in turmoil, some of Canada’s public pension plans and investment managers are considering how they can use their economic clout to help.…

PSP, Alberta Teachers’ complete purchase of AltaGas Canada

PSP, Alberta Teachers’ complete purchase of AltaGas Canada

The Public Sector Pension Investment Board and the Alberta Teachers’ Retirement Fund Board have completed the purchase of all 30,000,000 common shares of AltaGas Canada Inc. Through the…

  • By: Staff
  • April 2, 2020 November 12, 2020
  • 08:30
Employers using hiring, wage freezes to combat effects of coronavirus: survey

Employers using hiring, wage freezes to combat effects of coronavirus: survey

With the coronavirus continuing to affect businesses across North America, employers are eyeing a number of cost-containment strategies, including hiring freezes, wage freezes and delayed…

  • By: Staff
  • April 1, 2020 November 12, 2020
  • 15:15
Trucking company providing mental-health app for staff during coronavirus crisis

Trucking company providing mental-health app for staff during coronavirus crisis

Trimac Transportation is partnering with Calgary-headquartered wellness app Headversity to provide mental-health and resilience training for its workers. Truckers have been experiencing elevated levels of stress…

  • By: Staff
  • April 1, 2020 November 12, 2020
  • 15:00
Sounding Board: Communicating pension programs during a crisis

Sounding Board: Communicating pension programs during a crisis

In the midst of an unusual or unsettling situation, such as the coronavirus pandemic, pension plan sponsors should remember that both defined benefit and capital…

  • April 1, 2020 November 30, 2020
  • 09:00
OSFI temporarily freezes portability transfers, annuity purchases due to coronavirus

OSFI temporarily freezes portability transfers, annuity purchases due to coronavirus

The Office of the Superintendent of Financial Institutions is introducing some measures to help federally regulated private defined benefit pension plans get through the difficult…

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Ontario Teachers’ posts 10.4% gains for 2019, focuses on maintaining certainty

The Ontario Teachers’ Pension Plan posted a net return of 10.4 per cent for 2019, bringing net assets to $207.4 billion. Its $20.2 billion in…

Whole Foods employees walk out, demanding paid sick leave

Whole Foods employees walk out, demanding paid sick leave

Whole Foods Market Inc. employees called in sick on Tuesday to demand paid leave for all workers who stay home to self-quarantine during the coronavirus.…

  • By: Staff
  • March 31, 2020 November 12, 2020
  • 15:15
Ontario Teachers’ posts 10.4% gains for 2019, focuses on maintaining certainty

Ontario Teachers’ posts 10.4% gains for 2019, focuses on maintaining certainty

The Ontario Teachers’ Pension Plan posted a net return of 10.4 per cent for 2019, bringing net assets to $207.4 billion. Its $20.2 billion in investment income represents…

Sun Life, Dialogue partner on free virtual care for plan members

Sun Life, Dialogue partner on free virtual care for plan members

Sun Life is partnering with telemedicine platform Dialogue to provide its group benefits plan members with free access to a virtual health-care service during the…

  • By: Staff
  • March 31, 2020 November 12, 2020
  • 15:00
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Coronavirus, capital calls and liquidity in private market investments

In the current market environment, liquidity is top of mind for pension plans, says Jason Campbell, principal at Eckler Ltd. For example, despite a company’s…

Supporting employees’ workplace health, financial wellness during coronavirus

It’s the only story around these days. COVID-19 — the coronavirus — has broken out all over the world, leading to strain on health-care resources,…

Opportunities for small pension plans in Canada’s lower, middle private-equity market

For smaller pension funds looking to access private equity opportunities, the lower and middle part of the Canadian market should be very attractive, says Tracey…

Molson Coors launches paid leave programs during coronavirus

Molson Coors launches paid leave programs during coronavirus

Molson Coors Beverage Co. is providing all its North American employees with access to new paid leave programs during the coronavirus crisis. For employees who…

  • By: Staff
  • March 30, 2020 November 12, 2020
  • 15:15
Unifor decries Co-op’s ‘final offer’ on pension, files unfair labour practices complaint

Unifor decries Co-op’s ‘final offer’ on pension, files unfair labour practices complaint

Recommendations from two provincially appointed special mediators have failed to quell the labour dispute between Federated Co-operatives Ltd. and the union representing its refinery employees. On Sunday, Unifor…

  • By: Staff
  • March 30, 2020 November 30, 2020
  • 15:00
Feds introduce 75% wage subsidy to help employers keep staff during coronavirus

Feds introduce 75% wage subsidy to help employers keep staff during coronavirus

The federal government is introducing a 75 per cent wage subsidy for companies of any size, charities and non-profits that have seen at least a 30 per…

  • By: Staff
  • March 30, 2020 November 12, 2020
  • 14:45
Institutional investors must look ahead to future ESG issues

Institutional investors must look ahead to future ESG issues

To stay on the cutting edge of environmental, social and governance integration, institutional investors have to expand their focus beyond the factors that are material to a…

  • By: Staff
  • March 30, 2020 November 12, 2020
  • 10:00
Ryerson provides virtual lunch and learns, remote work guide for staff during coronavirus

Ryerson provides virtual lunch and learns, remote work guide for staff during coronavirus

Ryerson University is taking a well-rounded approach toward supporting its staff and faculty who are working from home due to the coronavirus outbreak. The university…

Should early access to retirement funds be allowed due to coronavirus?

With many people around the world facing layoffs due to business shutdowns caused by the coronavirus, financial stress is pervasive. In Australia, the government is…

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Will coronavirus push changes to the CAP landscape forward?

With the federal government easing the withdrawal requirements for registered retirement income funds in a bid to alleviate the harm to retirees’ portfolios caused by…

La Presse reducing salaries, employer pension contributions

La Presse reducing salaries, employer pension contributions

La Presse is reducing all of its employees’ salaries by 10 per cent and temporarily lowering the employer’s contribution to the defined contribution pension plan.…

  • By: Staff
  • March 27, 2020 November 30, 2020
  • 15:45
Global employers preparing for future of work: survey

Global employers preparing for future of work: survey

The majority (61 per cent) of global employees believe their employers are preparing them for the future of work and 55 per cent said they…

  • By: Staff
  • March 27, 2020 November 12, 2020
  • 15:30