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Canadian pension funds make top 10 list for largest annualized 10-year returns: report

Three of Canada’s largest pension plans are among the top 10 pension funds that generated the largest compound annualized returns between 2013 and 2022, according…

  • By: Staff
  • February 14, 2024 February 14, 2024
  • 09:00

FSRA’s Pension Awareness Day helping engage, educate employees on benefits of workplace pension plans

For its second annual Pension Awareness Day on Feb. 15, the Financial Services Regulatory Authority of Ontario is holding information sessions for its employees to…

42% of Canadian workers looking for a new job in 2024: survey

Two-fifths (42 per cent) of Canadian employees say they’ve already started looking, or plan to look, for a new job in the first half of 2024, up slightly…

  • By: Staff
  • February 14, 2024 February 13, 2024
  • 09:00
Canadian ESG-related investment assets surge to $3.2 trillion: report

91% of Canadian institutional investors say climate change is top ESG concern: survey

A majority (91 per cent) of Canadian institutional investors say climate change is a leading concern within the environmental, social and governance space, according to…

  • By: Staff
  • February 13, 2024 February 13, 2024
  • 15:00

63% of U.S. employers with paid-time-off banks say most employees don’t take vacation due to workload: survey

While more than a third (38 per cent) of U.S. employers are offering employees a paid-time-off bank, up slightly from in 2017 (34 per cent),…

CRA clarifying how employers must determine province of employment for remote workers

The Canadian Revenue Agency is providing guidance for employers to determine the province of employment for full-time employees who are working remotely. As of Jan.…

  • By: Staff
  • February 13, 2024 February 13, 2024
  • 09:00

Vestcor appointing Sean Hewitt as president, CEO

Vestcor Inc. is appointing Sean Hewitt as president and chief executive officer, effective mid-April. He’ll succeed John Sinclair, who announced his retirement last November after…

  • By: Staff
  • February 12, 2024 February 14, 2024
  • 15:00
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Survey finds 75% of Canadian workers feeling stressed due to aggressive performance goals

Nearly three-quarters (70 per cent) of global employees say they feel increasingly stressed as their employer has set more aggressive performance goals, with the percentage…

  • By: Staff
  • February 12, 2024 February 9, 2024
  • 09:00

Caisse renews Charles Emond’s mandate as president, CEO until 2029

The Caisse de dépôt et placement du Québec has renewed the mandate of president and chief executive officer Charles Emond for a five-year period concluding…

  • By: Staff
  • February 9, 2024 February 9, 2024
  • 15:00
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Just 35% of working Canadians aged 50+ can afford to retire when they want: survey

Slightly more than a third (35 per cent) of working Canadians aged 50 and older say they can afford to retire when they want, according…

  • By: Staff
  • February 9, 2024 February 8, 2024
  • 09:00

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

An article on the Ontario Court of Appeal’s affirmation of a $1.5 million punitive damages award was the most-read article on BenefitsCanada.com this week. Here are the…

  • By: Staff
  • February 9, 2024 February 8, 2024
  • 09:00
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Quebec’s amendment to unlocking rule for VBAs, LIFs providing retirees 55+ with financial flexibility: expert

The Quebec government’s removal of the maximum annual amount that can be paid to people aged 55 and older with a variable benefit account tied…

Editorial: The more things change

Well hello there! We may have met during one of Benefits Canada’s and the Canadian Investment Review’s many events throughout the year, but if we…

B.C. Teachers’ Pension Plan increasing coverage for retirement health benefits in 2025

The British Columbia Teachers’ Pension Plan is increasing coverage for several optional retirement health benefits, effective Jan. 1, 2025. Vision care coverage will increase by $100…

  • By: Staff
  • July 18, 2024 July 17, 2024
  • 15:00

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

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