Latest news in Benefits Canada News

2024 Investment Innovation Conference: Harnessing lessons from the past to future-proof investment portfolios

In building a resilient portfolio, institutional investors can use lessons from the past to draw on market similarities throughout history. Speaking during a session sponsored…

2024 Investment Innovation Conference: Separating fact and fiction from investment stories requires correlation and causation review

The distinction between correlation and causation can help institutional investors determine better factors for investment decisions, according to Steve Foerster, a finance professor at Western…

2024 Investment Innovation Conference: Pension plan sponsors deploying AI cautiously, experimenting investment test cases

Pension plan sponsors’ integration of artificial intelligence will be a disruptive event that will require a delicate approach with sufficient testing, according to Alpesh Sethia (pictured…

Scope 3 emissions investment disclosure crucial for institutional investors: report

Institutional investors are facing significant barriers to including Scope 3 emissions as part of their disclosure strategy for environmental assets, according to a new report…

  • By: Staff
  • January 13, 2025 January 9, 2025
  • 09:00

CLHIA focusing on continued support for virtual health care, innovation in 2025

In 2025, the Canadian Life and Health Insurance Association hopes to see continued support for virtual health care and innovation, says Stephen Frank, the association’s…

  • By: Sadie Janes
  • January 13, 2025 January 13, 2025
  • 09:00

Employment Hero acquiring Humi

Employment Hero, an Australia-based human resources and employee benefits consultant, is acquiring Toronto-based HR consultant Humi. The acquisition, valued at more than $100 million, is…

  • By: Staff
  • January 10, 2025 January 9, 2025
  • 15:00

Amazon facing lawsuit over use of forfeited 401(k) funds, potential violation of ERISA

Amazon.com is facing a lawsuit that claims the company violated U.S. federal law by using nearly US$350 million in forfeited 401(k) funds to offset the company’s…

  • By: Staff
  • January 10, 2025 January 9, 2025
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on the issues that Canadian pension plan sponsors are considering in 2025 was the most-read story on BenefitsCanada.com this past week. Here are…

  • By: Staff
  • January 10, 2025 January 9, 2025
  • 09:00
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Canadian employees working 13.6 additional hours to prepare for, catch up from vacation: survey

Canadian employees who took vacation in 2024 worked, on average, an additional 13.6 hours on top of their regular work hours to prepare for and…

  • By: Staff
  • January 9, 2025 January 9, 2025
  • 14:55

Feds’ report dismisses Alberta’s CPP entitlement, offers formula to calculate potential exit: expert

While it doesn’t contain an exact figure, the federal government’s official rebuttal to a 2023 report — which argued Alberta is entitled to more than…

Average solvency ratio of DB pension plans increased 3% in Q4 2024: report

The median solvency ratio of Canadian defined benefit pension plans increased to 125 per cent by the end of the fourth quarter of 2024, up…

  • By: Staff
  • January 9, 2025 January 8, 2025
  • 09:00

VPLAs, target-benefit pension legislation among CIA’s 2025 priorities

Variable payment life annuities and the impact of gender identity on actuarial standards are among the issues the Canadian Institute of Actuaries is monitoring in…

Diverse-managed funds receiving smaller allocations from U.S. institutional investors: report

While U.S. institutional investors have slightly increased their allocations to diverse-managed funds, more than 95 per cent of their capital commitments remain concentrated in non-diverse…

  • By: Staff
  • January 8, 2025 January 8, 2025
  • 15:00

Lawsuit alleges feds prevented part-time RCMP officers from buying back into pension plan

The National Police Federation, which represents 20,000 Royal Canadian Mounted Police officers, has launched a class action claiming the federal government has wrongfully prevented part-time…

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McDonald’s rolls back diversity goals, initiatives

Four years after launching a push for more diversity in its ranks, McDonald’s Corp. is ending some of its diversity practices, citing a U.S. Supreme…

My Take: More employer support needed for pregnant employees

With all the focus on women’s health in the workplace in the past year, employers should be providing more support for pregnant employees by improving…

Effective AI integration requires customization effort from pension plan sponsors: report

User personalization and an ease-of-use approach are key in the adoption of artificial intelligence technology tools by pension plan sponsors, according to a new report…

  • By: Staff
  • January 7, 2025 January 7, 2025
  • 09:00
OMERS selling stake in software company, Caisse investing in cement producer

CPPIB selling China real estate portfolio for $235 million, investing in global software provider

The Canada Pension Plan Investment Board is selling a 49 per cent stake in a portfolio of China real estate projects for nearly $235 million. The…

  • By: Staff
  • January 6, 2025 January 3, 2025
  • 15:00
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71% of Canadian employers feel positive about 2025 hiring outlook: survey

Almost three-quarters (71 per cent) of Canadian employers feel positive about their hiring outlook over the coming year, virtually unchanged from 2024 (70 per cent),…

  • By: Staff
  • January 6, 2025 January 2, 2025
  • 09:00
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Expert panel: Regulatory guidelines, geopolitical risk impacting pension plan sponsors in 2025

With the start of a new year, there are several developments and trends that will likely impact Canadian pension plan sponsors in 2025. Implementation of…

TTC Pension Plan appointing Heather Wolfe as CEO

The Toronto Transit Commission Pension Plan is appointing Heather Wolfe as its new chief executive officer, effective March 3, 2025. She succeeds acting CEO James…

  • By: Staff
  • January 3, 2025 January 3, 2025
  • 14:00

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

An article on declining mental health among Canadian workers was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources,…

  • By: Staff
  • January 3, 2025 January 2, 2025
  • 09:00
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Report finds 10% of Canadians with disabilities denied employment in last 5 years

Roughly one in 10 Canadians with disabilities say they’ve been denied employment in the past five years directly because of their disability, according to a…

  • By: Staff
  • January 3, 2025 January 2, 2025
  • 09:00

59% of global institutional investors haven’t discussed AI with investment managers: survey

More than half (59 per cent) of global institutional investors have yet to discuss artificial intelligence with their managers, according to a new survey from…

  • By: Staff
  • January 2, 2025 January 2, 2025
  • 15:00