CIBC – Benefits Canada.com

CIBC supporting employee health with wellness platform

Sadie Janes — Fri, 25 Nov 2022 14:00:13 +0000

The Canadian Imperial Bank of Commerce is supporting employee wellness with a new platform that focuses on healthy lifestyle tips and group well-being challenges. The platform allows employees to access a variety of health and wellness resources from anywhere, get personalized well-being information created by experts and learn easy ways to be more active and […]

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RBC employees returning to in-office working to foster creativity, collaboration

lbailey — Wed, 24 Aug 2022 13:00:23 +0000

The Royal Bank of Canada is asking employees to return to in-office working to foster more in-person collaboration and creativity, reports Bloomberg. The bank’s hybrid arrangements will involve working in person two to three days a week for most office jobs, according to an email from Rafael Ruffolo, a spokesperson for the bank, who noted these practices are already in […]

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CIBC offering enhanced gender affirmation coverage, fertility benefits, paid parental leave

Sadie Janes — Thu, 12 May 2022 13:00:33 +0000

The Canadian Imperial Bank of Commerce is adding gender affirmation coverage to its benefits program and enhancing existing offerings such as paid parental leave and fertility treatments. The gender affirmation benefit will cover specific gender transition surgeries and procedures not covered by provincial programs to an annual maximum of $10,000 and a lifetime maximum of $25,000, according to […]

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City of Toronto, Scotiabank rolling out return-to-office plans

bwolfe — Fri, 03 Dec 2021 14:00:50 +0000

All fully-vaccinated office-based employees with the City of Toronto are set to be back in the workplace, at least some of the time, starting on Jan. 4, 2022. In a press release, the city said, as of Nov. 30, each of its office buildings will be open to the maximum occupancy possible, based on physical […]

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Bank of Canada warns of uneven recovery despite better than expected bounce back

mschmit — Wed, 09 Sep 2020 08:42:54 +0000

The Bank of Canada sought Wednesday to temper economic excitement about a sharper-than-expected rebound from the depths of the coronavirus crisis, pointing to worrying trends that signal all is still not well. In a statement, the central bank’s governing council said the bounce-back activity in the third quarter looks to be faster than it anticipated […]

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Economists agree we’re in a recession, but there’s little consensus on why

mschmit — Mon, 31 Aug 2020 04:50:21 +0000

Economists say there is no doubt that Canada is experiencing a recession, but the exact criteria determining one is underway can be fraught with confusion. Broadly speaking, a recession is a period of business contraction where economic activity declines. But what exactly constitutes a decline, and over what time period, is the subject of much […]

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Canadian economy posted record drop in second quarter due to pandemic

mschmit — Mon, 31 Aug 2020 04:13:04 +0000

The Canadian economy suffered its worst three-month stretch on record in the second quarter as the economy came to a near halt in April before starting to recover in May and June. Statistics Canada said Friday real gross domestic product contracted at an annualized rate of 38.7 per cent for the quarter, the worst posting […]

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Statistics Canada says first quarter GDP worst showing since 2009

mschmit — Mon, 01 Jun 2020 04:48:59 +0000

Canada’s economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to the novel coronavirus, Statistics Canada said Friday, warning an even steeper drop may be coming. Gross domestic product fell at an annualized rate of 8.2 per cent in the first quarter, including a 7.2-per-cent drop in March […]

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Expand CPP: CIBC Chief

mschmit — Thu, 21 Feb 2013 08:50:20 +0000

McCaughey surprises with comments about Canada's retirement challenges.

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