Latest news in Benefits Canada News

2024 Top 50 DC Plans Report: How are plan sponsors using AI to affect pension member experience, savings outcomes?

The Co-operative Superannuation Society Pension Plan is in the middle of a years-long digital transformation that’s aiming to improve member experience. In addition to introducing…

New technologies, industry partnerships stemming the tide of benefits fraud

In 2016, the Toronto Transit Commission sued its insurer for allegedly not having appropriate benefits fraud controls in place to detect unusual trends or patterns.…

How institutional investors are approaching digital infrastructure assets

For institutional investors looking to add some glitz to their portfolio, digital infrastructure may not be the right asset class. Benn Mikula and his colleagues…

City of Montreal navigating volatility driven by global equities

As institutional investors’ results expectations continue to expand at a rampant speed, Errico Cocchi doesn’t want to get lost in overcomplicated investment trends. “At the…

Q&A with Manulife Canada’s Michelle DeBeyer

The insurance company’s vice-president and head of human resources discusses embracing artificial intelligence and taking time to sit back, relax and connect with family. Q:…

OSFI launching consultation on climate change risks to pensions, financial institutions

UN’s Net-Zero Asset Owner Alliance reflecting on five years of impact investing guidelines

The United Nations’ Net-Zero Asset Owner Alliance is marking five years of encouraging institutional investors to implement science-based targets towards curbing greenhouse gas emissions in…

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Sounding Board: How hybrid, remote working arrangements can impact compensation

Although jobs that involve working remotely have been around for decades in some form or another, the coronavirus pandemic brought them front and centre. There…

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Survey finds 38% of Canadians say stress has impacted their daily life

Nearly two-fifths (38 per cent) of Canadians say they’ve felt stressed to the point where it had an impact on their daily life at least…

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

34% of institutional investors adding digital assets to portfolio: survey

A third (34 per cent) of global institutional investors say they’ve already incorporated or plan to add digital assets to their investment portfolios in the…

  • By: Staff
  • October 9, 2024 October 8, 2024
  • 15:00
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Median solvency ratio of Canadian DB pension plans up 1% in Q3 2024: report

The median solvency ratio of Canadian defined benefit pension plans increased to 122 per cent in the third quarter of 2024, up slightly from 121…

  • By: Staff
  • October 9, 2024 October 8, 2024
  • 09:00
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Employers mandating 5-day onsite work may see exodus of skilled employees: expert

Employers that mandate employees return to a five-day, in-office workweek may see workers resigning or ‘quiet quitting,’ says Dror Poleg, an economic historian and former…

GM, Unifor agreement includes transition to CAAT DBplus pension plan, benefits gains

The union representing more than 1,300 employees at General Motors’ assembly plant in Ingersoll, Ont. has ratified a two-year collective agreement that includes pension and…

  • By: Staff
  • October 7, 2024 October 7, 2024
  • 15:00

PIAC recommending flexible sustainability reporting framework for institutional investors

The Pension Investment Association of Canada is recommending the development of a flexible framework to guide institutional investors’ sustainability reporting, while encouraging innovation and addressing greenwashing.…

  • By: Staff
  • October 7, 2024 October 4, 2024
  • 09:00

Ontario Teachers’ U.K. real estate partner signs Imperial College London as tenant, Caisse reinvests $378M in Saputo

The Ontario Teachers’ Pension Plan’s U.K. real estate partner has signed Imperial College London as a tenant at its White City Place development. The academic…

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

69% of Canadian workers experiencing symptoms related to burnout: survey

More than two-thirds (69 per cent) of Canadian employees say they’ve experienced symptoms that can develop into burnout, according to a new survey by Pollara…

  • By: Staff
  • October 4, 2024 October 4, 2024
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on how national dental-care and pharmacare programs will impact unionized employees was the most-read story on BenefitsCanada.com this past week. Here are the top…

  • By: Staff
  • October 4, 2024 October 3, 2024
  • 09:00
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Canadian insurers paid out record $128BN in health, retirement benefits in 2023: CLHIA

Canada’s life and health insurers paid out a record $128 billion in health and retirement benefits last year, up from $114 billion in 2022, according…

  • By: Staff
  • October 3, 2024 October 1, 2024
  • 15:00

IMCO increasing investments in clean energy transition assets: report

The Investment Management Corp. of Ontario has increased its stake in climate solution investments to 11.5 per cent of its portfolio, equivalent to $2.1 billion,…

  • By: Staff
  • October 3, 2024 October 2, 2024
  • 11:00
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Sounding Board: What employers need to know about CAPSA’s 2024 CAP guideline

After a two-year consultation period, the Canadian Association of Pension Supervisory Authorities released its 2024 guideline for capital accumulation plans in September. With a focus…

Gen Z employees focusing on well-being, flexibility: survey

Eight in 10 generation Z employees say employers have a responsibility to support the psychological (83 per cent) and physical (81 per cent) well-being of…

  • By: Staff
  • October 3, 2024 October 2, 2024
  • 09:00
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Quebec class action raising questions over DB pension liability following plan sponsor reorganization

A recent Quebec Superior Court decision has unleashed uncertainty over the liabilities of companies and their directors when a pension deficit appears in the context…

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Canadian institutional investors allocating 3% to domestic equities: report

Canadian institutional investors are allocating only three per cent of their funds to domestic equities, according to a new study from London-based think thank New…

  • By: Staff
  • October 2, 2024 October 2, 2024
  • 15:00

How national dental-care, pharmacare programs will impact unionized employees

The Canada Dental Care Plan will help make dental services more accessible for unionized employees who don’t currently have a dental program within their contract,…

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Remote working opportunities shaped by employees’ location, commuting times: report

While Canadian employees are settling into new remote working patterns, regional disparities reveal different experiences across the country, according to a new report by the…

  • By: Staff
  • October 1, 2024 October 1, 2024
  • 15:00

ICPM celebrating 20 years of promoting strong pension governance practices

The International Centre for Pension Management is celebrating 20 years of promoting strong pension governance practices by regularly engaging plan sponsor members, says Sebastien Betermier, the organization’s…