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Latest news in Benefits Canada News

Editorial: Many happy returns

With the return of autumn, change is once again in the air. For the last nine months, I’ve lead the editorial team at Benefits Canada…

  • By: Blake Wolfe
  • September 13, 2024 September 12, 2024
  • 09:00

B.C. family doctors call for sick days, pensions ahead of October election

Representatives of family doctors in British Columbia say giving physicians paid sick days, vacation coverage, extended health and dental benefits and a pension plan is…

Head to head: Are employers reversing the ‘she-cession’ in the post-pandemic era?

One chief executive officer acknowledges that employers have made promising progress, while a human resources director argues more work needs to be done. Jodi Kovitz,…

  • By: Sadie Janes
  • September 13, 2024 November 14, 2024
  • 08:59

How Manulife is supporting employees through the many stages of their health journeys

When Jennifer Young, a global human resources business solutions consultant at Manulife Financial Corp., found out she was expecting her first child in 2021, she…

How employers can support female employees’ financial, retirement wellness

Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee…

  • By: Brooke Smith
  • September 13, 2024 September 12, 2024
  • 08:57

2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty

From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member Survey found plan members’ optimism…

  • By: Blake Wolfe
  • September 13, 2024 October 7, 2024
  • 08:56

IMCO betting big on private assets amid demand for sustainability

The Investment Management Corp. of Ontario is looking at private assets as an opportunity to support investment returns across various Ontario-based pension plans. “We believe…

How plan sponsors can support employees going through a divorce

Going through a divorce can be an extremely stressful and emotional experience and, unsurprisingly, the impacts can spill into the workplace. “[Employees may be] at…

  • By: Kelsey Rolfe
  • September 13, 2024 September 12, 2024
  • 08:54

Q&A with B.C. Lottery Corp.’s Madhavee Inamdar

The B.C. Lottery Corp.’s manager of diversity, inclusion and belonging discusses weaving inclusivity into the fabric of a business, bringing organizations together to share diversity,…

Employers focused on employee well-being twice as likely to report strong talent, financial outcomes: survey

Employers that are highly focused on employee well-being are twice as likely to report better human capital and financial outcomes than companies with low well-being effectiveness,…

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

Bristol-Myers Squibb sued for US$2BN pension risk transfer deal

Bristol-Myers Squibb Co. is being targeted in a lawsuit over a US$2 billion pension risk transfer deal completed in 2019 with Athene Annuity and Life…

  • By: Staff
  • September 12, 2024 September 12, 2024
  • 11:00

Remote working supporting employee productivity but not a one-size-fits-all solution: expert

While hybrid and remote working arrangements can help some employees be more productive, it’s important that employers don’t take a “one-size-fits-all” approach when implementing these…

  • By: Blake Wolfe
  • September 12, 2024 September 11, 2024
  • 09:00

York University, YUFA agreement includes multiple benefits gains

The union representing more than 1,600 faculty, librarians, archivists and post-doctoral researchers at York University has ratified a three-year collective agreement that includes multiple benefits…

  • By: Staff
  • September 12, 2024 September 12, 2024
  • 09:00

CPPIB reinvesting $532M in Brazilian water firm, OMERS increasing stake in Indian infrastructure fund

The Canada Pension Plan Investment Board is reinvesting $532 million in its majority-owned Brazilian water and sanitation company Iguá Saneamento. The new financial commitment will…

  • By: Staff
  • September 11, 2024 September 10, 2024
  • 15:00

Mental-health leaves of absence among U.S. workers up 22% in Q1 2024: report

Roughly one in ten (11 per cent) of all leaves of absence among U.S. workers in the first quarter of 2024 were due to mental…

  • By: Staff
  • September 11, 2024 September 11, 2024
  • 15:00
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How are stewardship guidelines helping institutional investors address systemic risks?

Stewardship guidelines are helping institutional investors address climate risks and safeguard their investment in the long run, says Brian Minns, managing director of responsible investing at…

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Canadian employers increasing 2025 salary budgets by 3.4%: survey

Canadian employers’ 2025 salary budgets are increasing by an average of 3.4 per cent, down slightly from 3.6 per cent in 2024, according to a…

  • By: Staff
  • September 11, 2024 September 11, 2024
  • 09:00

Survey finds hybrid, remote employees more productive, connected to work

A majority of global employees say they feel more productive (84 per cent) and more connected to their teams (82 per cent) while working in…

  • By: Staff
  • September 10, 2024 September 10, 2024
  • 15:00
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Expert panel: Institutional investors should re-evaluate fees in ‘turbulent twenties’

An altering macroeconomic environment means that cost management requires continual attention by pension plans and other institutional investors. Today, as inflation and higher-for-longer rates exert…

  • By: Les Marton
  • September 10, 2024 September 6, 2024
  • 09:00
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Average Canadian DB pension plan returns 3.2% in July: report

The funded position of a typical Canadian defined benefit pension plan rose on both a solvency and accounting basis in July, according to Telus Health’s…

  • By: Staff
  • September 10, 2024 September 6, 2024
  • 09:00
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Molson Coors ends DEI policies, moves to ‘broader view’

Molson Coors Beverage Co. says it’s dropping its diversity, equity and inclusion policies and taking a “broader view” in which all employees know they’re welcome,…

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Canadian employers focusing on workers’ emotional well-being in post-pandemic era: survey

More than two-thirds (68 per cent) of Canadian employers say employees’ emotional well-being continues to be their main wellness focus as they navigate challenges posed…

  • By: Blake Wolfe
  • September 9, 2024 September 6, 2024
  • 09:00

Caisse investing in Quebec-based energy company, CPPIB buying stake in data centre operator

The Caisse de dépôt et placement du Québec is investing $575 million in Montreal-based natural gas company Énergir. The investment, which will be made in…

  • By: Staff
  • September 6, 2024 September 6, 2024
  • 15:00

Nova Scotia bill would give workers 27-week unpaid leave for serious illness

The Nova Scotia government has tabled a bill that would significantly increase the amount of unpaid time off for employees who develop a serious illness…

Ontario reviewing impact of preferred pharmacy networks on plan members’ costs, accessibility

Ontario’s Ministry of Health is consulting on the role of preferred pharmacy networks in the province’s employer-sponsored drug insurance sector to determine how these agreements impact…