Latest news in Benefits Canada News

Report finds majority of Canadian employers have employment, retention programs for people with disabilities

A majority (82 per cent) of Canadian companies have employment and retention programs focused on, or inclusive of, people with disabilities, according to a new…

  • By: Staff
  • August 6, 2024 August 7, 2024
  • 15:00

47% of U.S. employers report 2024 salary budgets are lower than last year: survey

Nearly half (47 per cent) of U.S. employers report their salary budgets for 2024 are lower than the previous year, as the overall median pay…

  • By: Staff
  • August 6, 2024 August 6, 2024
  • 09:00

Nova Scotia Pension Services Corp. assets increase to $13.7BN in fiscal 2024

The Nova Scotia Pension Services Corp. — which administers the investment assets of the Public Service Superannuation Plan and the Teachers’ Pension Plan — reported…

  • By: Staff
  • August 5, 2024 August 1, 2024
  • 15:00

Canadian employers ramping up hiring as inflation eases: expert

Half (52 per cent) of Canadian employers say they’re planning to add new permanent positions in the second half of the year, according to a…

51% of U.S. pre-retirees, retirees delaying retirement, returning to the workforce: survey

Half (51 per cent) of U.S. pre-retirees and retirees say they’re considering either delaying or coming out of retirement, according to a new survey from…

  • By: Staff
  • August 5, 2024 August 2, 2024
  • 09:00
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Caisse invests $600M in Fiera Capital, BCI sells majority stake in Hayfin

The Caisse de dépôt et placement du Quebec is investing $600 million in Quebec-based asset management firm Fiera Capital. The transaction is part of the…

  • By: Staff
  • August 2, 2024 August 2, 2024
  • 13:00

What should employers know about Quebec’s pension legislation?

Businesses that are planning to establish themselves in Quebec by way of expansion or acquisition should be aware of some unique aspects of the province’s…

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

An article detailing how Canada’s exemplary pension regulatory system is helping to safeguard plans from mismanagement was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • August 2, 2024 August 1, 2024
  • 09:00
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U.S. public pension plans’ funded ratio increasing to 80.6% in 2024: report

The estimated funded ratio of U.S. state and municipal pension plans is expected to increase to 80.6 per cent in 2024 due to the outperformance…

  • By: Staff
  • August 1, 2024 August 1, 2024
  • 15:00
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32% of U.S. managers say return to office was to keep track of employees’ work habits: survey

Nearly a third (32 per cent) of managers in the U.S. say the ability to keep track of employees’ work habits was the main goal…

  • By: Staff
  • August 1, 2024 July 31, 2024
  • 09:00

Extending ‘25-and-out’ legislation could stabilize public sector pension plans’ maturity issues: expert

The federal government’s move to introduce legislation extending pension eligibility to frontline public safety and law enforcement workers after 25 years of service could help manage…

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Estimated funded status of 100 largest U.S. DB pension plans increased to 79.9% in June: report

The estimated funded status of the 100 largest U.S. public defined benefit pension plans rose to 79.9 per cent in June, from 79.4 per cent…

  • By: Staff
  • July 31, 2024 July 31, 2024
  • 15:00

Fully remote employees have higher levels of loneliness: report

Employees who work remotely full time report higher levels of loneliness (25 per cent) than those who work fully onsite (16 per cent), according to…

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

41% of U.K. employees no longer working from home at all in 2024: survey

Two-fifths (41 per cent) of U.K. employees are no longer working from home at all in 2024, up from 36 per cent in 2023, according…

  • By: Staff
  • July 30, 2024 July 30, 2024
  • 15:00

LCBO, OPSEU agreement includes multiple benefits gains

The union representing employees of the Liquor Control Board of Ontario has ratified a three-year collective agreement that includes multiple benefits gains, ending a two-week…

  • By: Staff
  • July 30, 2024 July 29, 2024
  • 09:00

Culture of compliance prevents mismanagement, conflict at Canadian pension funds: expert

A culture of prudent investment standards and guideline compliance is keeping Canadian pension funds safe from some of the unique risk management cases seen abroad,…

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Demand for in-plan annuity options growing among U.S. workers, employers: report

Seven in 10 U.S. workers between the ages of 40 and 80 with at least $100,000 in investable assets say they’d be “very” or “somewhat”…

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

64% of Americans wish they’d started saving for retirement earlier: survey

Nearly two-thirds (64 per cent) of Americans say they wish they’d started saving for retirement when they were younger than age 25, according to a new…

  • By: Staff
  • July 29, 2024 July 29, 2024
  • 09:00

AIMCo backing offshore wind energy acquisition, Caisse investing in data centre project expansion

The Alberta Investment Management Corp. is backing an acquisition deal that will see Singapore-based Cyan Renewables buy Australian offshore marine services provider MMA Offshore Ltd.…

  • By: Staff
  • July 26, 2024 July 26, 2024
  • 12:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on the City of Philadelphia’s return-to-office mandate was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources,…

  • By: Staff
  • July 26, 2024 July 25, 2024
  • 09:00

Employers can help gen Z workers feel less isolated through social activities, mentoring: experts

Generation Z workers may be feeling more disconnected or isolated due to the effects of remote work, but employers can help by providing opportunities for…

OPB making key appointments to executive team as part of leadership transition strategy

The Ontario Pension Board is making two senior executive appointments as part of its management transition plan. The organization is appointing Marc Rondeau (pictured right)…

  • By: Staff
  • July 26, 2024 July 25, 2024
  • 06:05
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51% of U.S. women entering peak retirement years have less than $100k saved: survey

Half (51 per cent) of women in the U.S. aged 65 who are entering their peak retirement years have less than $100,000 saved, with the percentage rising (67…

  • By: Staff
  • July 25, 2024 July 24, 2024
  • 15:00
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Jordan Fremont joining Stikeman Elliott as partner

Jordan Fremont is joining Stikeman Elliott LLP’s pensions and benefits group as a partner. His practice focuses on pensions, benefits and compensation plan design, as…

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

Liquidity status guiding Canadian pension funds through near-term market volatility: report

Liquidity status is helping some of Canada’s biggest pension funds meet the challenges of a volatile investment market thanks to exceptional liquidity status, according to…

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