Latest news in Benefits Canada News

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

An article about the National Institute on Ageing’s report on missing pension plan members was the most-read story on BenefitsCanada.com this past week. Here are the…

  • By: Staff
  • December 13, 2024 December 12, 2024
  • 09:00
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HOOPP opening to Ontario physicians in 2025

The Healthcare of Ontario Pension Plan is welcoming eligible physicians in Ontario to join its defined benefit pension plan, effective January 2025. This new development…

  • By: Staff
  • December 13, 2024 December 12, 2024
  • 09:00

Editorial: Challenges and opportunities amid an increasingly imbalanced generational divide

The keynote session at Benefits Canada’s 2024 Defined Contribution Investment Forum warned that the failure to plan for the ‘boomer bulge’ is affecting private and…

Head to head: Should Canadian pension funds be incentivized to invest domestically?

While both experts point to the obligation of the pension promise, one argues that many pension funds are already overweight in Canadian allocations, while the…

How Hydro Ottawa’s pre-retiree engagement strategy is supporting financial wellness, retirement readiness

When Hydro Ottawa was preparing for its first wave of retiring baby boomers in 2011, it began working on a strategy to mitigate the subsequent…

  • By: Blake Wolfe
  • December 13, 2024 December 12, 2024
  • 08:57

2024 CAP Suppliers Report: How can employers, pension industry support retirement needs of gig workers?

As gig workers make up a greater share of the Canadian workforce, a lack of retirement savings options may leave this growing demographic facing financial…

  • By: Leah Golob
  • December 13, 2024 December 12, 2024
  • 08:56

Making sustainable investments count at five New York City pension funds

Brad Lander is advocating for public pension funds to enforce their responsible investment mandates even if that pits them against their partners. As New York…

How to streamline benefits plans during a merger or acquisition

When a company is undergoing a merger or acquisition, it’s important to maintain consistency regarding benefits plans and streamline the process as much as possible.…

  • By: Sadie Janes
  • December 13, 2024 December 12, 2024
  • 08:54

Q&A with Marriott Hotels of Canada’s Candice Li

The hospitality company’s pension and benefits manager discusses gen Z in the workforce, student debt repayment programs and family vacations. Q: What new programs or…

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Five Canadian cities ranked among world’s top locations for work-life balance: report

Several Canadian cities rank among the best global locations for work-life balance, according to a new report by Mercer. The report ranked cities according to…

  • By: Staff
  • December 12, 2024 December 12, 2024
  • 15:00

OMERS facing first governance review in more than 10 years

An independent review of the Ontario Municipal Employees’ Retirement System will examine the unique governance structure of the investment organization. The current structure of the…

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Majority of North American employers linking employee productivity to total rewards strategy in 2025: survey

Three-quarters (75 per cent) of Canadian employers and 66 per cent of U.S. employers say employee productivity is a key focus for 2025, with most…

  • By: Staff
  • December 12, 2024 December 11, 2024
  • 09:00
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CPPIB selling stake in European real estate joint venture, OMERS buying majority stake in U.S. IT company

The Canada Pension Plan Investment Board is selling a portion of its stake in a real estate joint venture to its partner Unibail-Rodamco-Westfield SE. The…

  • By: Staff
  • December 11, 2024 December 6, 2024
  • 15:00

Canadian equities, fixed income to deliver stable performance in 2025 amid potential economic headwinds: report

Expected economic headwinds in Canada won’t prevent strong results from equities and fixed income in 2025, according to a new report by the Royal Bank…

  • By: Staff
  • December 11, 2024 December 10, 2024
  • 09:00
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55% of women employees want to improve financial literacy: survey

More than half (55 per cent) of women employees say they want to improve their financial literacy, compared to 52 per cent of all workers,…

  • By: Staff
  • December 10, 2024 December 11, 2024
  • 15:00
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PBSA amendments must clarify role of pension disclosure requirements: PIAC

Amendments to the federal Pension Benefits Standards Act must go beyond reporting transparency and clarify how additional disclosure requirements help monitor the health of Canadian…

  • By: Staff
  • December 10, 2024 December 6, 2024
  • 09:00
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31% of Canadian employees rely on gig work to help cover expenses: survey

A third (31 per cent) of Canadian employees say they rely on gig work in some capacity to help cover regular expenses, according to a…

  • By: Staff
  • December 9, 2024 December 6, 2024
  • 15:00

88% of employees with disabilities, neurodivergence have disclosed their condition at work: survey

The majority (88 per cent) of employees with a disability or who are neurodivergent have chosen to disclose their condition to at least one person…

  • By: Staff
  • December 6, 2024 December 6, 2024
  • 15:00
FSRA issues final guidance on missing pension plan members

NIA addressing issue of missing pension plan members with new report

The National Institute on Ageing is addressing the issue of missing pension plan members, in a new report highlighting the challenges faced by plan administrators…

  • By: Staff
  • December 6, 2024 December 5, 2024
  • 09:00

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

An article on the impact of Canadian pension income on federal and provincial tax revenues was the most-read story on BenefitsCanada.com this past week. Here…

  • By: Staff
  • December 6, 2024 December 5, 2024
  • 09:00
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OMERS, UPP plan members to receive full inflation protection in 2025

The Ontario Municipal Employees’ Retirement System is reporting inflation adjustment of 2.61 per cent, providing plan members with full inflation protection in 2025. The adjustment…

  • By: Staff
  • December 5, 2024 December 6, 2024
  • 15:00
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High-speed rail project could signal increased domestic infrastructure investments by institutional investors: expert

A proposed high-speed rail project in Canada could open the doors to more infrastructure development using institutional investors’ capital, says Iftikhar Ahmed, global head of…

  • By: Staff
  • December 5, 2024 December 4, 2024
  • 11:00

World’s 100 largest asset owners’ AUM up 12.3% in 2023: report

The assets under management of the world’s 100 largest asset owners totalled US$26.3 trillion as of the end of 2023, up 12.3 per cent from…

  • By: Staff
  • December 5, 2024 December 4, 2024
  • 09:00
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How employers can support employee financial wellness during the holidays

With the return of the holiday shopping season, employees may be tempted to spend more than they planned, despite the rising cost in living. According…

  • By: Blake Wolfe
  • December 5, 2024 December 4, 2024
  • 09:00

Extendicare, Unifor agreements include multiple benefits gains

The union representing 1,750 employees at Extendicare’s long-term care facilities across Ontario has ratified multiple three-year collective agreements that include benefits gains. The agreements include…

  • By: Staff
  • December 4, 2024 December 3, 2024
  • 15:00