The Ontario Municipal Employees’ Retirement System venture capital arm is appointing Michael Yang as managing partner and head of ventures. Yang joined OMERS Ventures in…
Nearly all (93 per cent) institutional investors believe the Chinese yuan is going to become the reserve currency for multiple countries within the next five…
An arbitrator has ruled that a pension grievance filed seven years beyond a collective agreement’s time limit could proceed because of the employer’s “culture of…
The union representing 3,700 frontline grocery workers at 27 Metro Inc. stores across the Greater Toronto Area has ratified a collective agreement that includes pension and…
Before the coronavirus pandemic, Jamie Burke was happy with her job. Working in property management, the extroverted Vancouverite went into the office every day, took…
In 2022, Beneva Inc.’s fraud management department noticed unusual activity under a plan member’s account. The insurer’s artificial intelligence tool, used to analyze millions of…
As several U.S. states enact legislation restricting gender-affirming care, Indeed Inc. is offering US$10,000 to transgender employees or those with transgender children who want to…
The funded ratio of the 100 largest U.S. public defined benefit pension plans increased to 76.8 per cent as of July 31, up from 75.8…
The Ontario Teachers’ Pension Plan is acquiring a majority stake in a U.K.-based wealth and investment manager. Seven Investment Management oversees more than £21 billion in assets for 2,300…
There’s no one-size-fits-all approach for pension funds looking to use an environmental, social and governance lens in their investment approach, according to a new publication…
The Canada Pension Plan Investment Board has laid off at least five investment professionals at its Hong Kong office as it steps back from deals…
Benefits Canada is pleased to announce the finalists of the 2023 Workplace Benefits Awards. This year’s awards program welcomed more than 115 entries across nine categories, all highlighting how…
A fifth (21 per cent) of Canadian workers say they’re considering leaving their job, according to Telus Health’s latest mental-health index. The average mental-health score…
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,…