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49% of executive leaders say financial stress preventing frontline staff from doing best work: survey

Nearly half (49 per cent) of executive leaders say financial stress often or very often prevents their frontline workers from doing their best work, according to…

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Interest rate cut boosts returns from short-term government bonds, credit: report

Returns from short-term Government of Canada bonds and credit are rising due to the easing of interest rates by the Bank of Canada last month,…

  • By: Staff
  • July 15, 2024 July 15, 2024
  • 15:00
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Ontario court rules employer not obligated to preserve past service benefits

Ontario’s small claims court has ruled that an employer’s letter, which described the benefits coverage that would exist following a divestment as ‘comparable’ to prior…

Caisse, CPPIB, Ontario Teachers’ invest in insurance company

CPPIB investing €550M in European digital solutions provider, Caisse buying Brazilian power transmission platform

The Canada Pension Plan Investment Board is investing €550 million in Europe-based team.blue to acquire a 20 per cent interest in the firm. The total…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 15:00

Employers considering dropping dental from benefits plan should think twice: expert

Employers that are considering dropping dental coverage from their benefits plan following the launch of the national dental care program are advised to think twice, says Graham Young, director…

CBSA, PSAC, CIU agreement includes pension, benefits gains

The unions representing more than 9,000 Canada Border Services Agency employees have ratified a four-year collective agreement that includes pension and benefits gains. The agreement…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

A story on how group insurers can help plan sponsors provide adequate coverage and ensure appropriate use of treatments for rare diseases was the most-read…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 09:00

Institutional investors considering AI need responsible rulebook: report

Putting responsible artificial intelligence principles in place is essential to enhancing risk-adjusted returns and positioning businesses for success, according to a new report by the Canada…

  • By: Staff
  • July 11, 2024 July 11, 2024
  • 15:00

60% of working women believe menopause, reproductive health issues can affect career advancement: report

Three-fifths (60 per cent) of working women believe health issues around menstruation, menopause and reproductive health can affect their career advancement abilities, according to a…

  • By: Staff
  • July 11, 2024 July 10, 2024
  • 09:00
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70% of U.S. employers say benefits critical to attraction, retention efforts: report

Nearly three-quarters (70 per cent) of U.S. employers say their company’s benefits package is critical to attracting and retaining the best workers, according to a…

  • By: Staff
  • July 10, 2024 July 9, 2024
  • 09:00

FSRA CEO Mark White stepping down

Mark White, the chief executive officer of the Financial Services Regulator of Ontario, has been confirmed as chair of the Ontario Energy Board and will…

  • By: Staff
  • July 9, 2024 July 9, 2024
  • 15:00

Competition Bureau to speed development of guidance on new greenwashing rules

The Competition Bureau is speeding up the development of guidance on the interpretation of new provisions in the Competition Act aimed at greenwashing. The federal…

Blair Morrison retiring from BCFSA

Blair Morrison, chief executive officer and chief statutory officer of the British Columbia Financial Services Authority, is retiring in early 2025 after more than five…

  • By: Staff
  • July 9, 2024 July 8, 2024
  • 09:00

Commercial real estate challenges forcing Canadian pension funds to re-evaluate strategy: report

Some of Canada’s largest pension funds are rethinking their real estate strategies as higher interest rates continue to push valuations lower and lenders pull in…

  • By: Staff
  • July 8, 2024 July 8, 2024
  • 15:00

Sounding Board: How employers can mitigate cost of drugs for rare diseases

The World Health Organization defines a rare disease as having a prevalence of 65 or less per 100,000 individuals. It recognizes some 5,500 rare diseases, the…

91% of PSAC members opposed to Treasury Board’s hybrid work mandate: survey

The majority (91 per cent) of the Public Service Alliance of Canada’s members are strongly opposed to the Treasury Board’s new hybrid work mandate, according…

  • By: Staff
  • July 8, 2024 July 8, 2024
  • 09:00

OMERS sells LifeLabs for $1.35BN, Ontario Teachers’ Venture Growth invests in Japanese HR software firm

The Ontario Municipal Employees’ Retirement System is selling LifeLabs Inc. in a deal worth roughly $1.35 billion to U.S.-based Quest Diagnostics. The transaction is expected…

  • By: Staff
  • July 5, 2024 July 5, 2024
  • 13:00

Canadian public pension plans’ average funding ratio increased to 116% in 2023: report

Canadian corporate pension funds reported an average funding ratio of 117 per cent, while public pension funds reported an average of 116 per cent, according…

  • By: Staff
  • July 4, 2024 July 4, 2024
  • 15:00

Median solvency ratio of Canadian DB pension plans stays flat in Q2 2024: reports

The median solvency ratio of Canadian defined benefit pension plans remained flat in the second quarter of 2024, compared to the previous quarter, according to…

  • By: Staff
  • July 3, 2024 July 3, 2024
  • 15:00