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

An article detailing Ford of Canada’s transfer of $923 million in pension plan liabilities through a group annuity buyout was the most-read story on BenefitsCanada.com. Here…

  • By: Staff
  • March 1, 2024 February 29, 2024
  • 09:00

55% of Americans worry they won’t have financial security in retirement: survey

More than half (55 per cent) of Americans say they’re worried they won’t achieve financial security in retirement, according to a new survey by the…

  • By: Staff
  • March 1, 2024 February 29, 2024
  • 09:00
Caisse, CPPIB, Ontario Teachers’ invest in insurance company

Caisse sells 1.3% of shares in insurance firm, BCI buys ownership stake in Australian agriculture operator

The Caisse de dépôt et placement du Québec is selling 1.3 per cent of the issued and outstanding common shares it holds of insurance provider…

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

Liberals table bill paving way for future pharmacare program a day before deadline

Health Minister Mark Holland tabled a long-awaited bill Thursday meant to pave the way for national pharmacare and preserve a deal that secures the New…

20% of global board positions filled by people from underrepresented groups, ethnicities: report

In 2023, a fifth (20 per cent) of board positions across the globe were filled by individuals that belong to historically underrepresented groups or ethnicities,…

  • By: Staff
  • February 29, 2024 February 28, 2024
  • 09:00
Ontario DB pension solvency up again in third quarter: FSRA

OMERS returns 4.6% for 2023, driven by equities, fixed income

The Ontario Municipal Employees’ Retirement System returned 4.6 per cent in 2023, or $5.6 billion, in investment income in 2023, according to its latest year-end…

  • By: Staff
  • February 29, 2024 February 28, 2024
  • 09:00

Sounding Board: How pension IT risk management guidance will impact plan sponsors

Information technology risk has become a more prevalent concern in recent years, so it comes as no surprise that Canadian pension regulators are focused on…

OSFI launching consultation on climate change risks to pensions, financial institutions

Pension funds improving modestly on climate but more work to be done: report

Canada’s largest public pension funds are showing modest improvements on climate action but are moving too slowly overall, according to a new report by a…

Energy transition stocks getting lots of interest from investors, TSX Venture list shows

Canadian-based mining companies that are betting on the global energy transition saw a surge of investor interest in 2023, according to the latest edition of…

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71% of Canadian workers say rising cost of living is increasing faster than their income: survey

Nearly three-quarters (71 per cent) of Canadian workers say their rising cost of living is increasing faster than their income, according to a survey by…

  • By: Staff
  • February 28, 2024 February 26, 2024
  • 09:00

1Password bringing employees together to explore impact of Black artists, culture for Black History Month

This Black History Month, 1Password is bringing employees together to share how diverse artists have had a profound impact on their exploration and appreciation of…

Hub International acquiring Oakville, Ont.-based Mitchell Sandham

Hub International Ltd. is acquiring Oakville, Ont.-based Mitchell Sandham Inc., an independently owned insurance brokerage company that provides commercial and personal insurance and employee benefits…

  • By: Staff
  • February 27, 2024 February 27, 2024
  • 15:00

AIMCo highlighting importance of workplace ERG support, community for Black History Month

To mark Black History Month, the Alberta Investment Management Corp. is giving employees a chance to reflect on the history of groups dedicated to the…

Canadian pension leaders urging sustainability regulator to modify new disclosure guidelines

In an open letter, leaders from Canada’s biggest pension funds are asking the Canadian Sustainability Standards Board to reconsider a two-year relief period granted to…

  • By: Staff
  • July 18, 2024 July 17, 2024
  • 09:00

Average funded ratio of Canadian DB pension plans up 2% in Q2 2024: report

The funded ratio of the average Canadian defined benefit pension plan grew by two per cent during the second quarter of 2024 and nine per…

  • By: Staff
  • July 17, 2024 July 17, 2024
  • 15:00

Employee ownership trusts taking shape in Canada

Three times a year, the roughly 600 employees of Friesens Corp. gather in front of the printing house to accept envelopes, each one holding a…

Interest rate cut boosts returns from short-term government bonds, credit: report

Returns from short-term Government of Canada bonds and credit are rising due to the easing of interest rates by the Bank of Canada last month,…

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

Ontario court rules employer not obligated to preserve past service benefits

Ontario’s small claims court has ruled that an employer’s letter, which described the benefits coverage that would exist following a divestment as ‘comparable’ to prior…

CPPIB investing €550M in European digital solutions provider, Caisse buying Brazilian power transmission platform

The Canada Pension Plan Investment Board is investing €550 million in Europe-based team.blue to acquire a 20 per cent interest in the firm. The total…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 15:00