An article on the federal government’s decision to transfer a $1.9 billion public pension surplus to general revenue was the most-read story on BenefitsCanada.com this…
According to Statistics Canada, 80 per cent of Canadian public sector workers benefit from a respectable, life-long pension. However, for many private sector employees the…
While a third (34 per cent) of Canadians aged 18 to 34 say an inheritance from their parents is crucial to meeting their retirement goals,…
The federal government’s recent decision to transfer a $1.9 billion surplus from the Public Service Pension Plan to its general revenue is within its purview, says…
Finance Minister Chrystia Freeland says today’s fall economic statement will remove the cap that currently restricts Canadian pension funds from owning more than 30 per…
An article about the National Institute on Ageing’s report on missing pension plan members was the most-read story on BenefitsCanada.com this past week. Here are the…
The Healthcare of Ontario Pension Plan is welcoming eligible physicians in Ontario to join its defined benefit pension plan, effective January 2025. This new development…
The keynote session at Benefits Canada’s 2024 Defined Contribution Investment Forum warned that the failure to plan for the ‘boomer bulge’ is affecting private and…
While both experts point to the obligation of the pension promise, one argues that many pension funds are already overweight in Canadian allocations, while the…
When Hydro Ottawa was preparing for its first wave of retiring baby boomers in 2011, it began working on a strategy to mitigate the subsequent…
As gig workers make up a greater share of the Canadian workforce, a lack of retirement savings options may leave this growing demographic facing financial…
Brad Lander is advocating for public pension funds to enforce their responsible investment mandates even if that pits them against their partners. As New York…
The hospitality company’s pension and benefits manager discusses gen Z in the workforce, student debt repayment programs and family vacations. Q: What new programs or…
Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…
Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…
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…
A fifth (20 per cent) of individuals from generation Z and generation Alpha are open to receiving pension payouts in cryptocurrency, according to a new…
The union representing roughly 435 employees at Ivaco Rolling Mills in eastern Ontario has ratified two five-year collective agreements that include pension and benefits gains.…
In response to proposed legislation that would introduce the option of variable life benefits in Ontario, the Association of Canadian Pension Management is recommending against…
While a plan member lawsuit against the Ontario Teachers’ Pension Plan regarding cryptocurrency investment decisions isn’t entirely surprising, it’s not a common event in Canada,…
The Financial Services Regulatory Authority of Ontario is appointing Dexter John as chief executive officer, effective March 1. John is currently the president and CEO…
The limited availability of retirement income solutions is giving physicians in Canada a compelling reason to join a new multi-employer pension plan, said Simone Reitzes,…
With the start of a new year, there are several developments and trends that will likely impact Canadian pension plan sponsors in 2025. Implementation of…
UAP Inc. is supporting employees’ financial wellness and retirement readiness with a new retirement toolkit. The toolkit, which launched this week, explains the company’s retirement…
One expert suggests employers bridge their knowledge gap by finding ways to turn education into action, while another says companies’ commitments to ongoing financial literacy…