Latest news in Benefits Canada News

2024 HOC: McCarthy Tétrault aims for ‘real cultural change’ with new well-being strategy

During the coronavirus pandemic, McCarthy Tétrault elevated its well-being program and made sure employees had access to the resources they needed. But within a couple…

2024 HOC: Addressing growing chronic disease burden with preventative health solutions

Plan sponsors are facing a chronic disease “tsunami” that is leading to higher benefits and drug plan spend and increasing disability claims. But the three…

2024 HOC: Panel: Optimizing well-being benefits to deliver equitable coverage for employees

PepsiCo Canada aims to ensure all employees have equitable coverage and access to resources by offering a competitive and flexible benefits program, as well as…

  • By: Sadie Janes
  • November 26, 2024 November 12, 2024
  • 07:51

Canadian fixed income yields de-coupling from U.S. market performance: report

Canadian fixed income yields are de-coupling from a sharp rise seen in the U.S. market, according to a new report from FTSE Russell. Despite a…

  • By: Staff
  • November 25, 2024 November 25, 2024
  • 15:00

Former Quebec pension fund workers charged in U.S. in Indian government bribery case

Quebec’s pension fund manager says it is co-operating with U.S. authorities after three former employees were indicted in federal court in Brooklyn, N.Y., in an…

Young Canadian employees continue to have lowest level of well-being: report

Canadians employees aged 20 to 29 continue to have the lowest general well-being, with a score of 46.3 out of 100, according to a new…

  • By: Staff
  • November 25, 2024 November 25, 2024
  • 15:00

Survey finds seven in 10 Canadian workers dissatisfied with their employer’s benefits plan

Seven in 10 (70 per cent) employees say they’re dissatisfied with their employer’s current benefits plan, according to a new survey by Robert Walters Canada.…

  • By: Staff
  • November 25, 2024 November 22, 2024
  • 09:00

70% of Canadian employees say employer fosters trusting, safe workplace but challenges remain: survey

While seven in 10 (70 per cent) Canadian employees say their employer does a good job of fostering a safe and trusting environment that encourages…

  • By: Staff
  • November 22, 2024 November 22, 2024
  • 15:00
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Claims for obesity, diabetes medications up in 2023: report

The percentage of claimants filing claims for obesity drugs increased by 43 per cent in 2023, according to a new report by GreenShield. The report,…

  • By: Staff
  • November 22, 2024 November 20, 2024
  • 09:00

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

An article on how a national drug pooling program would impact employer-sponsored benefits plans was the most-read story on BenefitsCanada.com this past week. Here are…

  • By: Staff
  • November 22, 2024 November 21, 2024
  • 09:00

DB pension plan sponsors facing “bottleneck” in annuities market: expert

Increased deal-making in the Canadian annuities market is adding pressure to defined benefit plan sponsors seeking to de-risk their plans, says Jason Vary, president of…

Employees prioritizing fitness benefits during pandemic: survey

Physically active employees lose 10 fewer days of productivity annually: survey

Physically active workers in Canada lose 10 fewer workdays of productivity annually than their sedentary counterparts, according to Telus Health’s latest mental-health index. The survey,…

  • By: Staff
  • November 21, 2024 November 20, 2024
  • 09:00

Legislation blocking ammunition investments could limit overall investment landscape in Canada: PIAC

The Pension Investment Association of Canada, alongside the Canadian Life and Health Insurance Association and the Portfolio Management Association of Canada, is asking the Senate to…

  • By: Staff
  • November 20, 2024 November 19, 2024
  • 15:00
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Former PM Stephen Harper appointed as AIMCo chair

Former prime minister Stephen Harper is the new chairman of the Alberta Investment Management Corp. The move comes almost two weeks after the province’s finance…

Caisse investing in U.S.-based fintech company

PSP Investments investing in accounting firm, Caisse-backed fintech asset becoming private company

The Public Sector Pension Investment Board, along with partner Investcorp, is investing in accounting firm PKF O’Connor Davies LLP. According to a press release, the…

  • By: Staff
  • November 20, 2024 November 22, 2024
  • 15:00
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74% of Canadian employees say they’d turn down job offer due to company culture: survey

Three-quarters (74 per cent) of Canadian employees say they have or would turn down a job opportunity because an employer’s culture didn’t feel like the…

  • By: Staff
  • November 20, 2024 November 19, 2024
  • 15:00
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Canadian health benefits cost trend increasing to 7.4% in 2025: report

In Canada, the average health benefits cost trend for 2025 is estimated to be 7.4 per cent, up from five per cent in 2024, according…

  • By: Staff
  • November 20, 2024 November 19, 2024
  • 09:00
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Employees’ online searches for burnout symptoms up 50% in 2024: report

Employees’ online searches for burnout signs and symptoms are up 50 per cent worldwide in 2024, according to a new study by Instant Offices. The…

  • By: Staff
  • November 19, 2024 November 20, 2024
  • 15:00

Leadership changes at the AIMCo could impact credibility, independence: expert

The swift removal of the chief executive officer, three executives and the 11-person board at the Alberta Investment Management Corp. is a dramatic move that…

How would a national drug pooling program impact employer-sponsored benefits plans?

In light of the federal government developing a national pharmacare program, it’s important it considers the implementation of a national drug pooling program for private…

  • By: Blake Wolfe
  • November 19, 2024 November 18, 2024
  • 09:00
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Canadian pension funds continue to land top marks for transparency: report

For the fourth year in a row, five Canadian pension funds are among the most transparent in the world, according to the global pension transparency…

  • By: Staff
  • November 18, 2024 November 18, 2024
  • 14:30

32% of B.C. women say menopause symptoms impact their job in some way: survey

A third (32 per cent) of women employees in British Columbia say menopause symptoms impact their job in some way, according to a new survey…

  • By: Staff
  • November 18, 2024 November 15, 2024
  • 09:00
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CPPIB returns 3.6% in fiscal Q2 2025, net assets increase to $675.1BN

The Canada Pension Plan Investment board is reporting a 3.6 per cent return for the second quarter of its latest fiscal year, according to its…

  • By: Staff
  • November 15, 2024 November 15, 2024
  • 15:00
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U.K. plans to create pension ‘megafunds’ with aim of unlocking US$100 billion for investment

British Treasury chief Rachel Reeves said Thursday the government planned to merge dozens of pension funds with the aim of unlocking tens of billions of…

Ontario Teachers’ names Kevin Kerr as executive managing director, portfolio solutions

The Ontario Teachers’ Pension Plan is appointing Kevin Kerr as executive managing director of its new portfolio solutions department, effective immediately. The department will integrate…

  • By: Staff
  • November 15, 2024 November 15, 2024
  • 14:30