Latest news in Benefits Canada News

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

An article on incoming changes to Nova Scotia’s provincial Pension Benefits Act was the most-read story on BenefitsCanada.com this past week. Here are the top five…

  • By: Staff
  • November 15, 2024 November 14, 2024
  • 09:00
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Expert panel: How employers can support managers to effectively champion employee mental health

Most employees have experienced the powerful impact, whether positive or negative, that a manager can have on their work experience and overall well-being. As conversations…

Editorial: Prioritizing plan sponsor perspectives

The weather is shifting, with the wet November wind blowing away the crisp October sunshine. While this time of year is characterized by the change…

Cancer treatments represented a third of medicines in clinical trials in 2023: report

Cancer treatments represented 33 per cent of medicines in all phases of clinical trials in 2023, followed by treatments for infectious diseases (13 per cent)…

  • By: Staff
  • November 15, 2024 November 14, 2024
  • 09:00

Head to head: Are employers’ financial literacy initiatives translating into reality?

One expert suggests employers bridge their knowledge gap by finding ways to turn education into action, while another says companies’ commitments to ongoing financial literacy…

How Meridian’s financial wellness offerings benefit employees, organization as a whole

As a financial institution that provides banking and wealth management services to customers, Meridian Credit Union ensures it also offers employees a comprehensive suite of…

  • By: Sadie Janes
  • November 15, 2024 November 13, 2024
  • 08:58

2024 Top 40 Money Managers Report: To divest or engage?

With 15 different client organizations, including nine public sector pension plans, the Alberta Investment Management Corp. has opted to engage, rather than divest, from certain…

  • By: Blake Wolfe
  • November 15, 2024 November 22, 2024
  • 08:57

How benefits plan sponsors, insurers are managing newer — and effective — GLP-1 medications

With lyrics adapted to the tune of ‘Magic’ by Scottish pop group Pilot, the melody of ‘Oh, Oh, Oh, Ozempic’ is splashed across U.S. televisions…

How Mexico’s reformed pension system is improving workers’ retirement security

Earlier this year, Mexico’s senate approved the creation of a new pension fund to help provide more retirement security for low-income citizens. The reform aims…

  • By: Sadie Janes
  • November 15, 2024 November 13, 2024
  • 08:54

The Calgary Foundation using alternatives to push beyond its comfort zone

In the years following the 2008/09 financial crisis, Dan Langlois realized the allocation strategy for the Calgary Foundation’s endowment portfolio needed a significant adjustment if…

Q&A with Hoffmann-La Roche’s Rana Kassab

The pharmaceutical company’s director of benefits and recognition discusses the needs of a multigenerational workforce, the role of diversity, equity and inclusion in benefits plans…

  • By: Blake Wolfe
  • November 15, 2024 November 13, 2024
  • 08:53
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38% of U.S. institutional investors incorporating ESG into investment decisions: survey

Roughly two-fifths (38 per cent) of U.S. institutional investors say they incorporate environmental, social and governance factors into investment decisions, according to a new survey…

  • By: Staff
  • November 14, 2024 November 12, 2024
  • 11:00
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UN’s Net-Zero Asset Owner Alliance reports more institutional investors adopting intermediate decarbonization targets

The United Nations’ Net-Zero Asset Owner Alliance is reporting that 81 of its institutional investor members, representing combined assets under management of US$9.4 trillion, have…

  • By: Staff
  • November 14, 2024 November 11, 2024
  • 09:00