BE Responsive Newsletter

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Fidelity Canada wins award for focusing on flexibility amid return-to-office rollout
The company’s return-to-office rollout, which includes flexible hours and a work-away program, led to a win in the Future of work strategy category at Benefits Canada’s 2023 Workplace Benefits Awards.

Ontario Infrastructure Bank to leverage public sector pension investments
In its fall economic statement, the province said it will provide $3 billion in initial funding to the infrastructure bank to support the development of new long‐term care homes, energy infrastructure, affordable housing, municipal and community infrastructure and transportation.

Feds name advisory group for national strategy for drugs for rare diseases
The group — which includes patients, caregivers, clinicians and members from Canada’s private payer community — will provide advice to Health Canada and other health-care partners on the implementation of the strategy and be a forum to exchange information and best practices on drugs for rare diseases.

Caisse acquiring Brazilian power company, BCI closing $1.25BN bond issuance
The Caisse acquired a Brazil-based power transmission network company for $108.5 million, while the BCI is issuing $1.25 billion-worth of senior unsecured notes that carry a maturity date of June 2, 2033.

Question of the Week

What strategy does Beneva use to put people first?

Answer from Laëtitia Kapps, Director – Governance, Performance and Human Capital Development, Beneva

Top 5 HR, benefits, pension and investment stories of the week
An article on Lululemon Athletica Inc.’s win in the Financial wellness category at Benefits Canada's 2023 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the last week.

Average Canadian DB pension plan returns -4% in Q3 2023: reports
A report by RBC Investor and Treasury Services found the most recent quarterly losses mean the average return has decreased to 1.9% since the beginning of the year, while a separate report by Northern Trust noted the losses were softened by healthier returns in previous quarters.

People Watch

Visit People Watch Page for more.

Conferences

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