After a five-day strike, the union representing 800 employees at Magna International Inc.’s Integram Seating factory in Windsor, Ont. has ratified a collective agreement that…
An article on how Ontario’s proposed pay transparency legislation will impact employers was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…
About half (51 per cent) of global institutional investors believe a recession is inevitable, a sentiment that runs strongest in the U.K. (67 per cent)…
Interest rate levels are critically important to the financial health of defined benefit pension plans. Many DB plans are in their best financial positions in…
Indeed Inc. is cancelling its monthly paid mental-health days, according to a report by Bloomberg. The online hiring company’s ‘YOU Days’ program, which was introduced…
The Ontario Teachers’ Pension Plan is appointing Pierre Cherki as executive managing director if its new in-house real estate asset group, effective Jan. 22, 2024. In the new role,…
Discouraged with the state of the current economy, more and more younger workers are abandoning saving for retirement and focusing on ‘soft saving.’ Soft saving…
More than half (58 per cent) of global insurers say they anticipate higher health benefits costs over the next three years, with the average global…
Nearly a third (30 per cent) of working parents with at least one child aged five or younger worked exclusively from home or had a hybrid…
The Alberta Investment Management Corp. is increasing its Australian agriculture portfolio with the acquisition of a cattle management company. The transaction will see the AIMCo…
Meridian Credit Union Ltd. is continuing to support employee financial wellness by raising its guaranteed hourly wage to $23.74. In 2022, the financial company became…
Canadian employees who are experiencing conflict in the workplace lose an average of 55 workdays in productivity each year, according to Telus Health’s latest mental-health…
More than half (53 per cent) of the world’s largest pension funds say the prospect of a global recession is their No. 1 short-term concern…
The Canada Pension Plan Investment Board is appointing Priti Singh (pictured) as senior managing director and chief risk officer. Singh, who most recently served as…
The most prevalent minimum employee benefits that are offered by multinational companies are employee assistance programs and life insurance (73 per cent), maternity leave (70…
The establishment of a green and transition taxonomy by the federal government will help provide the confidence and transparency that investors need to make decisions…
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…
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…
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,…