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FSRA’s proposed rule could increase fairness in division of pension benefits during marriage breakdown: expert

The Financial Services Regulatory Authority of Ontario’s proposed family rule could allow for pension benefits to be divided more fairly in the event of a…

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Magna, Unifor agreement includes multiple benefits gains

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…

  • By: Staff
  • December 8, 2023 December 7, 2023
  • 09:00

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

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…

  • By: Staff
  • December 8, 2023 December 8, 2023
  • 09:00
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Expert panel: How interest rates impact DB pension plans

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…

How employers can shift younger workers’ ‘soft saving’ mentality to focus on retirement planning

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…

AIMCo acquiring Australian cattle portfolio company, IMCO adding $2.6BN in portfolio assets

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…

  • By: Staff
  • December 5, 2023 December 5, 2023
  • 09:30
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How Ontario pay transparency legislation will impact employers

As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…

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Union protests N.B.’s plan to transform public sector DB pension plans

The New Brunswick government introduced legislation Wednesday to transfer five of its public sector defined benefit pension plans to shared-risk plans, saying the move will…

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

An article on how Desjardins Insurance is supporting employee financial wellness was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…

  • By: Staff
  • December 1, 2023 November 30, 2023
  • 09:00

Feds’ new tax exemption could drive more employers to leverage employee ownership trusts: expert

A new federal tax exemption for employee ownership trusts could spur retiring business owners to sell their companies to workers, says Jon Shell, managing director…

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Federal public sector pension indexation rate set at 4.8% for 2024

The pension indexation rate for federal public sector pensions will be 4.8 per cent in 2024, according to the National Association of Federal Retirees. The…

  • By: Staff
  • November 30, 2023 November 30, 2023
  • 11:00
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Survey finds just 14% of near-retirees say they can retire with confidence

Just 14 per cent of near-retirees say they can retire with confidence and only five per cent say they’ve sought financial advice from their employer, according…

  • By: Staff
  • November 29, 2023 November 28, 2023
  • 09:00

OPB appointing Darwin Bozek as president, chief pension officer

The Ontario Pension Board is appointing Darwin Bozek as president and chief pension officer, effective Feb. 1, 2024. He joins the OPB from the Alberta…

  • By: Staff
  • November 28, 2023 November 28, 2023
  • 09:00

2024 Vancouver Benefits Summit: How Telus is making well-being, mental health a cultural priority

Telus Communications Inc. is ensuring employees bring their best self to the job by supporting their well-being both in the workplace and at home, said…

2024 Top 100 Pension Funds report: Employees’ financial wellness moving up the agenda for pension plan sponsors

When Phillip Kotanidis took over as chief human resources officer at Toronto’s Michael Garron Hospital in 2018, the financial well-being of staff wasn’t exactly high…

Dollar cap matching could more equitably distribute 401(k) contributions, reduce plan sponsor costs: report

Dollar cap match formulas could distribute employer contributions to 401(k)s more equitably than other common match formulas, according to a new report by Vanguard Inc.…

  • By: Staff
  • June 11, 2024 June 11, 2024
  • 09:00

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

A story on how group insurers can help plan sponsors provide adequate coverage and ensure appropriate use of treatments for rare diseases was the most-read…

  • By: Staff
  • July 12, 2024 July 11, 2024
  • 09:00

Blair Morrison retiring from BCFSA

Blair Morrison, chief executive officer and chief statutory officer of the British Columbia Financial Services Authority, is retiring in early 2025 after more than five…

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

Unions welcoming equitable pension reform for frontline public safety, law enforcement workers

The federal government recently announced plans to introduce legislation in the fall expanding pension eligibility to frontline public safety and law enforcement workers in Canada.…

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

An article highlighting CGI Group’s initiatives for Mental Health Awareness Month was the most-read story on BenefitsCanada.com this week. Here are the top five human…

  • By: Staff
  • May 24, 2024 May 23, 2024
  • 09:00

Saskatchewan arbitrator sides with Canadian Blood Services in pension contributions case

A Saskatchewan arbitrator has ruled that Canadian Blood Services doesn’t owe an employee eight years of retroactive pension contributions because it took the proper steps…

How PepsiCo Canada’s savings program is helping employees achieve financial security at any stage in life

PepsiCo Canada is baking flexibility into its retirement savings benefits to support employees’ financial security amid the rising cost of living. To help employees reach…

Desjardins using budget workshops, interactive game to support employee financial wellness

Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…

IMCO joining network of employee ownership coalition

The Investment Management Corp. of Ontario is joining Ownership Works, a non-profit organization dedicated to implementing broad-based employee ownership programs, as a founding investor partner.…

  • By: Staff
  • October 24, 2023 October 24, 2023
  • 11:00