Latest news in Benefits Canada Archive

CPPIB among investors in U.S. autonomous driving company

CPPIB among investors in U.S. autonomous driving company

The Canada Pension Plan Investment Board is among a group of organizations participating in the first external investment round for Waymo, a California-based autonomous driving technology…

  • By: Staff
  • March 3, 2020 November 12, 2020
  • 15:15
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Virus spread prompts Fed to slash rates in surprise move

In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizeable half-percentage point Tuesday in an effort to support the economy…

Scotiabank expanding parental leave top-up, adding virtual health care

Scotiabank is expanding its maternity and parental leave top-up pay for Canadian employees and providing access to a virtual health-care program. Eligible employees will receive…

  • By: Staff
  • March 3, 2020 November 23, 2020
  • 09:15
Arbitration clause doesn’t offend employment standards legislation, rules B.C. court

Arbitration clause doesn’t offend employment standards legislation, rules B.C. court

The British Columbia Supreme Court has ruled that a clause in an employment agreement mandating arbitration as a way of resolving wrongful dismissal disputes doesn’t…

PSP part of consortium taking majority stake in video-telematics company

PSP part of consortium taking majority stake in video-telematics company

The Public Sector Pension Investment Board, along with a consortium of other investors, is acquiring a majority stake in Lytx Inc., a video-telematics company. The…

  • By: Staff
  • March 2, 2020 November 12, 2020
  • 15:30
Ontario Teachers’ appoints new board member

Ontario Teachers’ appoints new board member

The Ontario Teachers’ Pension Plan is appointing Cindy Forbes to its board, effective immediately. Currently, Forbes is global chief analytics officer at Manulife Financial Corp.…

  • By: Staff
  • March 2, 2020 November 12, 2020
  • 15:15

Morneau Shepell selling benefits consulting business to Hub

Morneau Shepell Ltd. is selling its benefits consulting business to Hub International Ltd. The benefits component of Morneau Shepell’s consulting business, which represents about three…

  • By: Staff
  • March 2, 2020 November 23, 2020
  • 09:55
City of Vancouver uses anti-bullying day to promote respectful workplace conduct

City of Vancouver uses anti-bullying day to promote respectful workplace conduct

While Pink Shirt Day started in elementary schools as a way to take a stand against bullying, the City of Vancouver uses the day to encourage a…

SHARE, Groupe Investissement Responsable launching Canadian proxy voting company

Ontario Teachers’ appoints new board member

Cindy Forbes is joining the board of the Ontario Teachers’ Pension Plan effective immediately. Currently, Forbes is the global chief analytics officer for Manulife Financial…

  • By: Staff
  • March 2, 2020 December 13, 2020
  • 09:28
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More private equity firms are buying out VC-backed companies

Private equity firms are increasingly buying out venture capital-backed companies, according to a report from Pitchbook. Indeed, between 2000 and 2019, the number of venture…

  • By: Staff
  • March 2, 2020 December 13, 2020
  • 09:00
Geopolitics ranked top risk for pension funds: survey

Geopolitics ranked top risk for pension funds: survey

Pension funds view geopolitical risk as the top risk to the financial system, followed by economic risk and climate risk, according to the Global Risk…

  • By: Yaelle Gang
  • February 28, 2020 February 23, 2021
  • 15:15
Institutional investors want asset managers to up their technology game: report

Institutional investors want asset managers to up their technology game: report

Global institutional investors believe asset managers need to up their technology game if they’re going to win the client-satisfaction war, according to a new report…

  • By: Staff
  • February 28, 2020 November 12, 2020
  • 09:15
Coming to work sick tops office pet peeves: survey

Coming to work sick tops office pet peeves: survey

To paraphrase philosopher Jean-Paul Sartre: hell is other people trapped in an office together all day long, at least according to the results of a new…

  • By: Staff
  • February 28, 2020 November 12, 2020
  • 09:00

Canada Life partnering with League for flexible benefits plan

Canada Life is entering into an agreement with League Inc. to offer the health technology company’s digital benefits platform alongside its group services. The partnership aims…

  • By: Staff
  • February 27, 2020 August 10, 2021
  • 15:30
Interest rates, trade progress buoy pension plan’s funded status in Q4

Interest rates, trade progress buoy pension plan’s funded status in Q4

The funded status of Segal Group Inc.’s model multi-employer pension plan increased three per cent in the fourth quarter of 2019, according to a new report…

  • By: Staff
  • February 27, 2020 November 12, 2020
  • 15:15
Not just any dip: Is the coronavirus a buying opportunity or a falling knife?

Not just any dip: Is the coronavirus a buying opportunity or a falling knife?

The Dow Jones Industrial Average started the week by dropping about 1,000 points on Monday. Then on Tuesday, it did it again. For institutional investors…

OPTrust launches sustainable investing, innovation team with capital allocation mandate

OPTrust launches sustainable investing, innovation team with capital allocation mandate

While the OPSEU Pension Trust has been focused on responsible investing for some time, it’s bringing its sustainability activities to the next level with the…

Coronavirus poses tough challenge for economic policymakers

Coronavirus poses tough challenge for economic policymakers

The fast-moving coronavirus isn’t just confounding health officials. It’s also bedevilling policymakers and central bankers who are struggling to assess the economic damage from an…

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PRI reporting deadline: A race to the finish line in 2020

There is nothing like a deadline to focus the mind. Asset owners and managers who are signatories of the United Nations-supported Principles for Responsible Investments…

Majority of Canadian employers offering non-insurance benefits

Majority of Canadian employers offering non-insurance benefits

The majority (90 per cent) of Canadian employers now offer at least one non-insurance benefit such as paid time off, employee assistance programs or flexible working, according…

  • By: Staff
  • February 26, 2020 November 12, 2020
  • 16:00
Foodora couriers allowed to unionize, rules Ontario labour board

Foodora couriers allowed to unionize, rules Ontario labour board

The Ontario Labour Relations Board ruled on Tuesday that Foodora Canada couriers are dependent contractors and have the right to unionize. The ruling, which sets…

Arbitrability of LTD claims in Ontario’s hospital sector heading to Supreme Court

The issue of whether long-term disability claims are arbitrable or matters for the court, which has plagued Ontario’s hospital sector for over a quarter of…

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BBB-rated corporate bonds representing larger part of Canadian market

BBB-rated corporate bonds are becoming a bigger part of the Canadian market, according to an analysis by FTSE Russell. In particular, at the end of…

  • By: Yaelle Gang
  • February 26, 2020 December 13, 2020
  • 06:37

Ontario Teachers’ Pension Plan signs US$300M investment deal with New Gold

The Ontario Teachers’ Pension Plan has signed a US$300-million deal investment deal with New Gold Inc. Under the agreement, the pension fund will acquire a…

Despite bull market, CAP income replacement levels dropped in past decade: report

Despite bull market, CAP income replacement levels dropped in past decade: report

The gross income replacement levels for a typical capital accumulation plan have decreased by more than 10 per cent during the past 11-year bull market, according to…

  • By: Staff
  • February 25, 2020 November 30, 2020
  • 15:30