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Friday 14 April 2023
Benefits Canada Daily Newsletters
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Top Stories
Thomson Reuters introducing minimum 16-week paid leave for all new parents
Thomson Reuters introducing minimum 16-week paid leave for all new parents
“At Thomson Reuters, we celebrate all new parents regardless of their gender, sexual orientation, marital status or family structure,” says the company’s chief people officer.
IMCO returns -8.1% for 2022, buoyed by private assets
IMCO returns -8.1% for 2022, buoyed by private assets
Over the three years since assets have been managed according to the IMCO's strategies, the annualized return was 2% compared to a consolidated benchmark return of 1.6%. Its assets under management sat at $73.3 billion at the end of 2022.
Millennial renters need to save 50% more than homeowners to retire: report
Millennial renters need to save 50% more than homeowners to retire: report
The report, which analyzed findings from Mercer’s database, found millennials who rent need to save eight-times their annual salaries to retire at age 68, while millennials who own homes only need to save 5.25-times their annual salaries in order to retire at age 65.
Integration of two PSP portfolio companies to help Ontario meet growing clean energy needs
Integration of two PSP portfolio companies to help Ontario meet growing clean energy needs
The integration of H2O Power by FirstLight Power represents the latter's first venture into the Canadian market and brings its combined portfolio to more than 1,650 megawatts of operating capacity.
 
In Case You Missed It
Top 5 HR, benefits, pension and investment stories of the week
Top 5 HR, benefits, pension and investment stories of the week
An article on why a higher salary is the No. 1 reason employees are searching for a new job was the most-read story on BenefitsCanada.com over the last week.
Northern Transformer, Unifor agreement includes pension, benefits gains
Northern Transformer, Unifor agreement includes pension, benefits gains
The agreement introduces a group RRSP and a DPSP in which the company will provide a matching contribution of 3% of regular earnings, capped at $1,500.