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Friday 24 November 2023
Benefits Canada Daily Newsletters
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Top Stories
Desjardins using budget workshops, interactive game to support employee financial wellness
Desjardins using budget workshops, interactive game to support employee financial wellness
The workshops cover topics such as using a budget to manage cash flow, how to plan for future goals and how to save on grocery bills amid rising inflation and food prices.
Removal of '30% rule' could boost investment, reduce private equity fees for Canadian pension funds
Removal of '30% rule' could boost investment, reduce private equity fees for Canadian pension funds
In its 2023 fall economic statement earlier this week, the government said it’s considering removing the rule that restricts Canadian pension funds from holding more than 30% of the voting shares of most corporations.
Ontario DB pension plans' average solvency ratio increased to 117% in Q3 2023: FSRA
Ontario DB pension plans' average solvency ratio increased to 117% in Q3 2023: FSRA
While the percentage of DB plans projected to have a solvency ratio greater than 100% decreased to 85% from 86% in the second quarter, the percentage of plans falling below an 85% solvency ratio remained unchanged (at 2%), according to a new report by the FSRA.
Federal tax for mental-health care a barrier for many Canadians: psychotherapist
Federal tax for mental-health care a barrier for many Canadians: psychotherapist
Members of the Canadian Counselling and Psychotherapy Association are required to charge up to 15% in federal taxes, prompting the vast majority of these professionals to include a sliding scale payment model based on clients’ income.
 
Question of the Week

How can a focused approach to disability management help companies better support employees with a return to health and work?

Answer from Olivier PagéDirector, Group Disability Management Operations, Medavie Blue Cross

 
In Case You Missed It
Top 5 HR, benefits, pension and investment stories of the week
Top 5 HR, benefits, pension and investment stories of the week
An article on the federal government's 2023 fall economic statement was the most-read story on BenefitsCanada.com over the last week.
65% of U.S. employees cite flexible work as top compensation component: survey
65% of U.S. employees cite flexible work as top compensation component: survey
Employees in hybrid (68%) and fully remote (67%) working arrangements were more likely to value flexibility than in-person workers (49%), according to a new report by the Conference Board.