After years of viewing diversity, equity and inclusion as a side-of-the-desk issue, Canadian employers are increasingly considering it a top priority and integrating their organizational DEI goals into their benefits plans. While employers have been introducing DEI initiatives for years, incorporating these goals into benefits plans had been neglected, according to multiple panellists during Benefits Canada’s […]
When Jessica Charbonneau decided to have a child through assisted reproduction a few years ago, it wasn’t cheap, but her employer helped shoulder some of the costs. Charbonneau, a 36-year-old student affairs case manager at the University of Toronto’s Mississauga campus, started with intrauterine insemination, spending a total of $15,000 for six rounds. The university’s […]
The organization’s manager of national total rewards discusses incorporating ESG into the DEI space, its experience reimbursement program and spending time around B.C.’s lakes and mountains Q: What new programs or initiatives are you looking to implement? A: Since the actions of organizations are deeply intertwined with environmental, social and governance issues, excelling in these […]
Changes to the Public Service Health Care Plan, which took effect on July 1, include $75,000 for certain gender affirming procedures not covered by provincial or territorial health-care programs. Other new benefits include: $300 per year each for a registered dietician, occupational therapist and lactation consultant; $200 per year for batteries for hearing aids; $600 per […]
Canadian plan sponsors and insurers are revisiting how they classify obesity drugs under their benefits plans, amid plan members’ rising demand for Ozempic as a weight-loss treatment. Ozempic, also known under the generic name semaglutide, is a drug used to treat type 2 diabetes. However, the medication has also been credited as a weight-loss treatment, […]
The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation plans in one event. This year, delegates heard the results of Benefits Canada‘s exclusive CAP Member Survey with a panel of experts discussing the findings, case studies from two leading […]
TD Bank Group credits its culture of care for the recent enhancements to its benefits plan. “We place a great amount of emphasis and focus on this, which is a key element of our [employee] promise,” said Susy Michor, the bank’s vice-president of human resources, global retirement benefits and well-being, during Benefits Canada’s 2023 Benefits […]
Since 2016, millennials have made up a larger share of the working population than baby boomers — and today, one in three Canadians of working age is a millennial, according to Charmaine Alexander, senior advisor in disability management at Desjardins Insurance, speaking during Benefits Canada’s 2023 Benefits & Pension Summit in June. A recent survey […]
An article on Toyota Motor Manufacturing Canada’s gender affirmation coverage was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Toyota Motor Manufacturing Canada providing employees, dependants with $10K in gender affirmation coverage 2. 38% of Canadian workers don’t feel supported by their employer: survey 3. Changes […]
Toyota Motor Manufacturing Canada Inc. is providing employees and their dependants with $10,000 in lifetime gender affirmation coverage. The additional coverage complements existing benefits that support transitioning employees, including prescription drug coverage for hormone therapy, mental-health coverage, disability insurance and medical leaves for employees who are recovering from surgeries. The new coverage is also extended to […]