Latest news in Benefits Canada News

Ontario to consult on variable life benefits, finalizes target-benefit framework

In its fall economic statement on Wednesday, the Ontario government said it plans to consult with pension industry stakeholders on the possibility of offering variable…

  • By: Staff
  • October 31, 2024 October 30, 2024
  • 09:00

CAA Club Group wins award for holistic, data-driven wellness approach

CAA Club Group’s holistic and data-driven approach to employee well-being led to a win in the Health/Wellness Program category for employers with more than 1,000…

  • By: Blake Wolfe
  • October 31, 2024 October 23, 2024
  • 09:00
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Ontario DB pension plan payouts provide $34.6BN to provincial GDP: report

Defined benefit pension plans support more than one million beneficiaries in Ontario and these benefits provided more than $34.6 billion to the province’s gross domestic…

  • By: Staff
  • October 30, 2024 October 29, 2024
  • 15:00

BMO’s Carol Bennett recognized for innovation, commitment to inclusion

Carol Bennett’s innovation and commitment to inclusion led to her recognition as the Human Resources/Benefits Professional of the Year at Benefits Canada’s 2024 Workplace Benefits Awards on…

  • By: Sadie Janes
  • October 30, 2024 November 6, 2024
  • 09:00
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All generations of employees say hybrid work supports productivity, job satisfaction: survey

All generations of Canadian workers say a hybrid working arrangement is most conducive to productivity and job satisfaction, according to a new survey by Humi.…

  • By: Staff
  • October 29, 2024 October 29, 2024
  • 15:00

Expert panel: What are some CEO red flags for institutional investors to consider?

According to an old adage, the fish rots from the head down. With the chief executive officer being the head of a corporation, are there…

World’s 500 largest asset managers’ AUM up 12.5% in 2023: report

The world’s 500 largest asset managers’ assets under management increased by 12.5 per cent to US$128 trillion in 2023, compared to $113.7 trillion at the…

  • By: Staff
  • October 29, 2024 October 24, 2024
  • 11:00
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How L’Oréal Canada is creating a more menopause-inclusive workplace

L’Oréal Canada Inc. is creating a more menopause-inclusive workplace by hosting discussions on the topic, providing sufficient benefits coverage and having a dedicated employee resource…

  • By: Sadie Janes
  • October 29, 2024 October 28, 2024
  • 09:00

TMX Group wins award for diligent approach to building its future workplace

TMX Group Ltd. was the winner at Benefits Canada’s 2024 Workplace Benefits Awards for its diligent approach to mapping out a future workplace that leaves the one-size-fits-all…

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Half of Canadian employees behind in retirement savings: survey

Half (51 per cent) of Canadian employees say they’re behind in their retirement savings and 34 per cent are worried about not having enough money…

  • By: Staff
  • October 28, 2024 October 25, 2024
  • 15:00

Amazon Canada’s new estate planning benefit key to financial wellness win

Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…

Employers mandating 5-day RTO should consider impact on women employees: experts

When mandating that employees return to the office, employers need to consider the impact it may have on workers and give them the opportunity to…

CPPIB launching U.K. real estate joint venture, reinvesting $100 million in U.S. energy firm

The Canada Pension Plan Investment Board is investing £500 million in a new U.K.-based single-family rental housing joint venture. The initial allocation will give the…

  • By: Staff
  • October 25, 2024 October 24, 2024
  • 15:00

61% of Canadian HR professionals say harassment a growing issue: survey

Nearly two-thirds (61 per cent) of Canadian human resources professionals feel workplace harassment is a growing issue in their organization and needs more attention, according…

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

Admiral Insurance’s benefits program awarded for balancing innovation, sustainability

Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…

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

An article announcing the winners of Benefits Canada‘s 2024 Workplace Benefits Awards was the most-read story on BenefitsCanada.com this past week. Here are the top five…

  • By: Staff
  • October 25, 2024 October 24, 2024
  • 09:00

Air Canada, ALPA agreement includes multiple benefits gains

The union representing more than 5,200 Air Canada pilots has ratified a four-year collective agreement that includes multiple benefits gains, avoiding a possible strike. The…

  • By: Staff
  • October 24, 2024 October 24, 2024
  • 15:00

Institutional investors’ facing increased cybersecurity risk due to speed of AI evolution: OSFI

The rapid adoption of artificial intelligence tools in financial industries represents an evolving risk to institutional investors, according to a new report by the Office…

  • By: Staff
  • October 24, 2024 October 24, 2024
  • 11:00
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CAAT pension plan’s optional savings account allowing members to consolidate retirement savings

A new retirement savings vehicle could benefit members of the Colleges of Applied Arts and Technology’s pension plan by streamlining investment choice and maximizing their…

  • By: Blake Wolfe
  • October 24, 2024 October 23, 2024
  • 09:00

PepsiCo Canada’s winning DEI strategy linking inclusion to employee well-being

PepsiCo Canada’s 2024 Workplace Benefits Awards win demonstrates how weaving diversity, equity and inclusion into strategic business practices can foster employee mental health and wellness.…

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63% of North American institutional investors sticking to long-term strategy amid election noise: survey

Nearly two-thirds (63 per cent) of North American institutional investors say they’re sticking to their long-term investment strategy amid the short-term noise of the various…

  • By: Staff
  • October 23, 2024 October 22, 2024
  • 15:00

IMAX awarded for education campaign during transition to flexible benefits plan

IMAX Corp. won the Benefits Plan Communications award at Benefits Canada’s 2024 Workplace Benefits Awards on Oct. 18 for its use of engaging technology tools to…

88% of SMEs experiencing challenges finding skilled talent: survey

Nearly nine in 10 (88 per cent) Canadian small- and medium-sized employers say they’re experiencing challenges finding skilled talent, according to a new survey by…

  • By: Staff
  • October 22, 2024 October 22, 2024
  • 15:00
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Canada’s retirement system ranks No. 17 out of 48 countries, has room for improvement: report

Canada’s retirement system ranks No. 17 out of 48 countries, down from No. 12 in 2023, according to a new report by Mercer and the…

  • By: Staff
  • October 22, 2024 October 21, 2024
  • 11:00

Colliers lands award win for individualized, interventional approach to absence management

Colliers International Group Inc.’s interventional and individualized approach to employee absences led to a win for best Absence Management program at Benefits Canada’s 2024 Workplace…

  • By: Blake Wolfe
  • October 22, 2024 November 6, 2024
  • 09:00