Canada Post Corp. employees and some retirees are receiving retroactive wage increases, as well as adjustments to their disability and life insurance and pensions, through two new collective agreements between the Canadian Union of Postal Workers and the crown corporation. The agreements between Canada Post and its rural and suburban and urban postal service workers — represented by two […]
Sun Life Financial is making an equity investment of $32.7 million in Canadian telemedicine provider Dialogue, with the two entities forming a strategic commercial partnership. Through the deal, Sun Life will hold a minority ownership position in Dialogue. The round of financing also includes further investments from existing backers, including the Caisse de dépôt et placement […]
People Corporation Inc. is appointing two Aon alums to its team, effective July 31. Kim Siddall is vice-president of enterprise consulting for the West and Kevin Bell is vice-president of enterprise business development for the West. Prior to the move, Siddall spent more than six years at Aon, most recently as vice-president and local practice leader. Other previous […]
Four in five (80 per cent) Canadian employers believe they have the appropriate programs and practices in place to support employees’ mental, physical, emotional and financial well-being as they return to the workplace and settle into a new normal, according to a new survey by Mercer Canada. The survey, which examined Canadian organizations’ preparedness for returning to […]
Navacord Corp. is acquiring Ontario-based firms Selectpath Benefits and Financial Inc. and ProBenefits Consulting Inc., more than doubling its benefits revenue. With a strong presence in Ontario’s southwest, Selectpath specializes in benefits and pension solutions for the hospital and health-care sectors, as well as a wide range of industries including transportation, automotive dealerships, technology and […]
In this unprecedented time, it’s more evident the physical, psychological and financial components of health are all interconnected, said Charmaine Alexander, senior disability management advisor at Desjardins Insurance, during a webinar hosted by Benefits Canada. Prior to the pandemic, in May 2018, Desjardins conducted a survey to measure these interactions to better understand how they […]
iA Financial Group is launching a service for its group plan members to target major mental-health issues that contribute to absenteeism and disability claims. The new mental-health coaching service, which will be managed by health services provider Novus Health, is set to launch on Aug. 1, 2020 and will be provided to plan members for […]
The pandemic changed our world and our jobs overnight and stretched compassion, empathy and flexibility to the limit. There has never been a better time to reconsider everything about employee benefits. For me as a benefits consultant, the crisis has highlighted how unprepared the typical benefits plan is to truly support the needs of employees in […]
The coronavirus pandemic is dramatically affecting workplaces, employers and employees across Canada, according to a new survey by the International Foundation of Employee Benefit Plans. While a third of surveyed employers said they already offered telehealth or telemedicine before the pandemic, an additional 19 per cent said they added it during the crisis and another […]
The Federal Court has upheld reforms to the Patented Medicines Pricing Review Board that updated the board’s reference countries for drug pricing and required it to review three new economic factors when determining whether patented medicines are excessively priced. The court ruled against an argument by Innovative Medicines Canada and 16 pharmaceutical companies in their […]