Latest news in Benefits Canada News

Global pension plan sponsors’ assets reach US$63.1 trillion in 2023, offset by decrease in equities: report

While global pension plan sponsors’ assets grew by 10 per cent to reach US$63.1 trillion in 2023, this value is still five per cent lower…

  • By: Staff
  • December 4, 2024 December 3, 2024
  • 09:00

HOOPP appointing Annesley Wallace as president, CEO

The Healthcare of Ontario Pension Plan is appointing Annesley Wallace as president and chief executive officer, effective April 1, 2025. She succeeds Jeff Wendling, who…

  • By: Staff
  • December 3, 2024 December 2, 2024
  • 11:00

Institutional investors urged to examine AI integration beyond productivity: CPPIB

The Canada Pension Plan Investment Board is asking fellow institutional investors to consider the impact of artificial intelligence in investees’ labour patterns beyond a productivity…

So long foosball, hello savings: How work perks are evolving amid the rising cost of living

The workplace programs, tools and supports that employees value have changed over the last four years, leading many employers to pause certain office perks, such…

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Employers that support employees with disabilities more productive, profitable: report

Employers that provide opportunities for employees with disabilities are more productive and generate higher revenue, according to a new report by the Canadian Council on…

  • By: Staff
  • December 2, 2024 November 29, 2024
  • 15:00
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Global benefits costs expected to increase by 10.4% in 2025: survey

Global benefits costs are projected to increase by 10.4 per cent in 2025, according to a new survey by WTW. The survey, which polled nearly…

  • By: Staff
  • December 2, 2024 November 29, 2024
  • 09:00
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CPPIB investing $1 billion in Korea data centres, Ontario Teachers’ buys Paris-based logistics portfolio

The Canada Pension Plan Investment Board is investing $1 billion in Korea-based data centres through its joint venture with the Pacific Asset Management Co. “The…

  • By: Staff
  • November 29, 2024 November 29, 2024
  • 14:00
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Canadian pension income adding $24.5BN to federal coffers in 2025: report

Workplace pension income will add $24.5 billion to federal coffers and $16.8 billion to the provinces in 2025, according to a new report by the…

  • By: Staff
  • November 29, 2024 November 28, 2024
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on employees’ views of employer-sponsored benefits plans was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources,…

  • By: Staff
  • November 29, 2024 November 28, 2024
  • 09:00
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UAP supporting financial wellness with retirement toolkit

UAP Inc. is supporting employees’ financial wellness and retirement readiness with a new retirement toolkit. The toolkit, which launched this week, explains the company’s retirement…

  • By: Blake Wolfe
  • November 29, 2024 November 28, 2024
  • 09:00
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Employer-sponsored pension plans supporting increased employee productivity: survey

While nine in 10 (85 per cent) employers that reported decreased employee productivity over the past year cited burnout as a major problem, investing in…

  • November 28, 2024 November 28, 2024
  • 15:00
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Average funded status of Ontario DB pension plans at 121% in Q3 2024: report

The average funded position of defined benefit pension plans in Ontario was 121 per cent in the third quarter of 2024, down just two per…

  • By: Staff
  • November 28, 2024 November 27, 2024
  • 09:00

Joey Restaurants promoting skills, career development through internal education program

Joey Restaurant Group is using an internal educational program to teach employees the soft skills of leadership and assist in their career development. By focusing on…

  • By: Sadie Janes
  • November 28, 2024 November 27, 2024
  • 09:00

Caisse appointing Sharon White as managing director, head of Europe

The Caisse de dépôt et placement du Québec is appointing Sharon White as managing director and head of Europe, effective Jan. 27, 2025. In her…

  • By: Staff
  • November 27, 2024 November 26, 2024
  • 15:00

85% of Canadians believe employee well-being is a human right: survey

Eight in 10 (85 per cent) Canadians feel employee well-being is a human right, according to a new survey by First Onsite Property Restoration. “People don’t…

More clarity, flexibility needed in solvency reserve accounts for federally regulated DB pension plans: ACPM

An amendment to the federal Pension Benefit Standards Regulations that would establish solvency reserve accounts for federally regulated defined benefit pension plans requires additional clarity…

  • By: Staff
  • November 27, 2024 November 26, 2024
  • 09:00

Walmart rolling back DEI policies

Walmart Inc. is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations that have done the same after coming…

BCFSA appointing Tolga Yalkin as CEO, CSO

The British Columbia Financial Services Authority is appointing Tolga Yalkin as chief executive officer and chief statutory officer, effective Jan. 13, 2025. Yalkin succeeds Blair Morrison and…

  • By: Staff
  • November 26, 2024 November 27, 2024
  • 15:00
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Canadian institutional investors’ responsible investments reach $4.5 trillion: report

Responsible investments account for 71 per cent of the total assets under management by Canadian institutional investors, according to a new report from the Responsible…

  • By: Staff
  • November 26, 2024 November 26, 2024
  • 09:00

Coverage of the 2024 Healthy Outcomes Conference

On Oct. 18 in Toronto, the 2024 Healthy Outcomes Conference brought together nearly 140 benefits plan sponsors, experts and other industry thought leaders to exchange…

2024 HOC: How collaboration is replacing competition in wellness programs

Collaboration is the new competition when it comes to wellness, according to Lisa Bélanger, behavioural change expert and researcher, during the keynote session at Benefits…

  • By: Sadie Janes
  • November 26, 2024 November 13, 2024
  • 07:59

2024 HOC: Modernizing group benefits for the workforce of the future

With Canada’s workforce in the midst of multiple significant demographic shifts, group benefits plans will need to evolve to meet the changing needs of workers,…

2024 HOC: Balancing employee support and drug plan sustainability

As plan sponsors contend with high utilization of their drug plans and a host of costly new drugs coming to market, a variety of cost-containment…

2024 HOC: How preventative health innovations could transform benefits plans

Plan sponsors are facing the perfect storm of rising benefits costs, a surge in chronic disease prevalence and fierce competition for top talent. All the…

2024 HOC: How plan sponsors can support employees with migraine

While migraine is a complex neurological condition that can significantly impact patients’ quality of life and ability to work, it’s also poorly understood and often…