Latest news in Benefits Canada Archive

Niagara Casinos gambles with innovative pension communications

Niagara Casinos gambles with innovative pension communications

In November 2018, Niagara Casinos set up a pop-up coffee shop, called NC Café, across its three locations for a week. It was part of…

Why are institutional investors ramping up allocations to private equity?

Why are institutional investors ramping up allocations to private equity?

As private equity becomes a more sizeable part of Canadian pension portfolios, the British Columbia Investment Management Corp.’s resources and staffing are growing with it.…

Are CAP sponsors changing contribution rates amid coronavirus?

Are CAP sponsors changing contribution rates amid coronavirus?

With companies finding themselves strapped for cash in the wake of the coronavirus, are plan sponsors scaling back on the company match in capital accumulation…

Roundtable: Plan sponsor considerations around medical cannabis coverage

Roundtable: Plan sponsor considerations around medical cannabis coverage

When the federal government signed the Cannabis Act into law in 2018, legalizing recreational cannabis, it also committed to providing patients with better access to…

How Concordia University’s pension plan is putting liabilities first

Since the financial crisis, the Pension Plan for the Employees of Concordia University has transformed the way it approaches investments by introducing its first funding…

What pension legislation is expected in 2020?

What pension legislation is expected in 2020?

Pension plan stakeholders will see a continued evolution of both short- and long-term reform, with some significant developments expected in 2020. “Hopefully, Ontario will finalize…

Why you should hire a workplace life coach

Why you should hire a workplace life coach

From rowing to rugby, skiing to athletics, coaching has long been an intrinsic part of sports. In the workplace, however, coaching is a newer development.…

Q&A with Ceridian’s Michelle Bogart

Q&A with Ceridian’s Michelle Bogart

Ceridian HCM Inc.’s director of employee engagement and culture discusses flexible working, parental leave and family bike rides. Q. What top challenges do you face…

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Watchdog warns of dangers in riskier corner of debt market

In a low-rate world where income is increasingly tough to find, more and more investors are getting into the riskier corners of lending to companies.…

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MSCI to reclassify Kuwait as emerging market

MSCI Inc. is awarding emerging market status to the MSCI Kuwait Indexes as the country’s equity market now meets the required criteria for reclassification. The…

  • By: Staff
  • December 20, 2019 December 13, 2020
  • 06:47
New report calling on feds to allow Canadians to buy annuities within TFSAs

New report calling on feds to allow Canadians to buy annuities within TFSAs

A new report by the C.D. Howe Institute is recommending the federal government amend legislation to allow Canadians to buy life annuities within a tax-free savings account.…

  • By: Staff
  • December 19, 2019 November 30, 2020
  • 10:15
Canada Life eliminating plastic drug plan cards, moving to complete digital experience

Canada Life eliminating plastic drug plan cards, moving to complete digital experience

The Canada Life Assurance Co. is eliminating plastic drug plan cards, with an aim to move to a completely digital experience for group plan members…

  • By: Staff
  • December 19, 2019 November 12, 2020
  • 08:45
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Sun Life to expand infrastructure expertise with investment in InfraRed

Sun Life Financial Inc. says it has committed about $1.05 billion for a deal that will give it majority ownership of London-based InfraRed Capital Partners,…

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Nasdaq launches sustainable bond network

The Nasdaq is launching a publicly available, web-based sustainable bond network. Bond issuers will be able to use the platform to voluntarily publish data and…

  • By: Staff
  • December 19, 2019 December 13, 2020
  • 08:03
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Swedish central bank ends pioneering era of subzero rates

Sweden’s central bank has ended a five-year experiment of keeping its benchmark interest rate below zero, a policy that other countries have also adopted to…

CPPIB investing in Indian distressed assets platform

CPPIB investing in Indian distressed assets platform

The Canada Pension Plan Investment Board is committing US$225 million to the India Resurgence Fund platform, through its wholly owned subsidiary CPPIB Credit Investments Inc. The IndiaRF is…

  • By: Staff
  • December 18, 2019 November 12, 2020
  • 15:00
Co-op Refinery employees locked out over protracted pension dispute

Co-op Refinery employees locked out over protracted pension dispute

Eight hundred unionized employees of Regina-based Co-op Refinery remain locked out after contract negotiations stalled. The refinery, which is part of Federated Co-operatives Ltd., locked out…

Air Canada pension plan investment team launches investment management firm

Air Canada pension plan investment team launches investment management firm

In 2009, the Air Canada pension plan was in dire straits with a $2.6 billion solvency deficit. A decade later, it has a surplus of…

  • By: Yaelle Gang
  • December 18, 2019 November 11, 2020
  • 09:00
Navacord acquiring Ontario-based SmartChoice Benefits

Navacord acquiring Ontario-based SmartChoice Benefits

Canadian insurance and risk management brokerage Navacord Corp. is acquiring Concord, Ont.-based SmartChoice Benefits Inc. The acquisition will allow Navacord to enter the third-party administration space, noted a press…

  • By: Staff
  • December 17, 2019 November 12, 2020
  • 15:00
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Manitoba premier wants management of public sector pensions merged

Manitoba Premier Brian Pallister is calling for a merger of management services for the province’s public-sector pensions. Pallister says he’s not suggesting the funds themselves…

Lower interest rates inflating federal pension costs: Morneau

Lower interest rates inflating federal pension costs: Morneau

Heading into 2020 and beyond, the outlook for interest rates is impacting the federal government’s projected pension obligations and its budgetary balance. In its 2019 fall economic…

  • By: Staff
  • December 17, 2019 November 30, 2020
  • 09:20
Four ways to start the benefits year off on a good foot

Four ways to start the benefits year off on a good foot

The beginning of a new year is a great time for employers to reflect on their benefits plans and take steps to get in ahead of potential challenges.…

  • December 17, 2019 November 12, 2020
  • 08:30
Manitoba premier wants to merge management of public sector pensions

Manitoba premier wants to merge management of public sector pensions

Manitoba Premier Brian Pallister is calling for a merger of the management services for the province’s public-sector pensions. Pallister says he’s not suggesting the funds…

  • By: Staff
  • December 16, 2019 November 30, 2020
  • 15:45
Northumberland County workers fighting proposed changes to STD leave

Northumberland County workers fighting proposed changes to STD leave

The union representing 33 employees of the Northumberland County social services department says the county is attempting to weaken employees’ short-term disability leave and remove…

Millennials facing challenges saving for retirement: survey

Millennials facing challenges saving for retirement: survey

Two-thirds (65 per cent) of Canadian millennials said they worry if they buy a home and delay their savings, they won’t have enough for retirement,…

  • By: Staff
  • December 16, 2019 November 30, 2020
  • 09:30