Search Results for “pension” – Benefits Canada.com

Interest rate cut boosts returns from short-term government bonds, credit: report

bmcgovern — Mon, 15 Jul 2024 19:00:42 +0000

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, according to a new report from FTSE Russell. It noted while Canadian government bonds across all maturities rallied, the gains didn’t erase overall losses in the second quarter, except for […]

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Ontario court rules employer not obligated to preserve past service benefits

bwolfe — Mon, 15 Jul 2024 13:00:30 +0000

Ontario’s small claims court has ruled that an employer’s letter, which described the benefits coverage that would exist following a divestment as ‘comparable’ to prior levels of coverage, didn’t create a contractual obligation to preserve past service benefits. “The decision makes a clear distinction between an informational announcement or other general information that is not […]

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CPPIB investing €550M in European digital solutions provider, Caisse buying Brazilian power transmission platform

bmcgovern — Fri, 12 Jul 2024 19:00:07 +0000

The Canada Pension Plan Investment Board is investing €550 million in Europe-based team.blue to acquire a 20 per cent interest in the firm. The total transaction gives team.blue a valuation of €4.8 billion. The digital solutions provider serves 3.3 million small- and medium-sized businesses across 22 countries. In a press release, Hafiz Lalani, managing director […]

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Employers considering dropping dental from benefits plan should think twice: expert; CBSA, PSAC, CIU agreement includes pension, benefits gains

lbailey — Fri, 12 Jul 2024 13:15:17 +0000

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CBSA, PSAC, CIU agreement includes pension, benefits gains

Sadie Janes — Fri, 12 Jul 2024 13:00:46 +0000

The unions representing more than 9,000 Canada Border Services Agency employees have ratified a four-year collective agreement that includes pension and benefits gains. The agreement with, the Public Service Alliance of Canada and the Customs and Immigration Union, includes a pensionable $2,500 one-time, lump-sum payment for all employees upon the date of signing. For members […]

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

lbailey — Fri, 12 Jul 2024 13:00:18 +0000

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 article on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Sounding Board: How employers can mitigate cost of […]

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Institutional investors considering AI need responsible rulebook: report

bmcgovern — Thu, 11 Jul 2024 19:00:26 +0000

Putting responsible artificial intelligence principles in place is essential to enhancing risk-adjusted returns and positioning businesses for success, according to a new report by the Canada Pension Plan Investment Board and the World Economic Forum. It found the use of AI can preserve and even create value for investors. However, institutional investors must find a balance between […]

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Andrejka Massicotte

lrandall — Wed, 10 Jul 2024 19:55:47 +0000

OVERVIEW ABOUT REPORT EVENT SPONSORS ADVISORY BOARD PAST REPORTS AND EVENTS FRENCH Panellist Andrejka Massicotte, head, group benefits, RBC Insurance Andrejka Massicotte leads a team with overall responsibility for the product development and strategic direction of RBC Insurance’s group benefits business. Her team is committed to differentiating RBC Insurance through a progressive and collaborative approach […]

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FSRA CEO Mark White stepping down

Sadie Janes — Tue, 09 Jul 2024 19:00:10 +0000

Mark White, the chief executive officer of the Financial Services Regulator of Ontario, has been confirmed as chair of the Ontario Energy Board and will be stepping down from his current role effective July 16, 2024. Stephen Power, executive vice-president of corporate services at the FSRA, will serve as interim CEO while the organization undertakes an […]

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Commercial real estate challenges forcing Canadian pension funds to re-evaluate strategy: report

bmcgovern — Mon, 08 Jul 2024 19:00:53 +0000

Some of Canada’s largest pension funds are rethinking their real estate strategies as higher interest rates continue to push valuations lower and lenders pull in their purse strings, according to reporting by Bloomberg. Read: Canadian pension funds seeking diversification in real estate at home, abroad: experts Indeed, it said the Canada Pension Plan Investment Board […]

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