The Public Service Alliance of Canada recently filed a policy grievance against the Treasury Board for its management of the transfer of the Public Service Health Care Plan to Canada Life Assurance Co., which has impacted tens of thousands of federal public service workers covered under the plan. In 2023, the federal government implemented two […]
Two-fifths (41 per cent) of pet owners say they’d be willing to take a pay cut in order to work in a pet-friendly environment, according to a new survey by OnePoll on behalf of Vetster. The survey, which polled 1,800 employed pet owners, found 60 per cent were willing to seek new employment if their pet […]
Though still a fairly new concept, pet benefits are becoming a more common consideration when employers are expanding their offerings and looking to stand out. In August 2022, Talk Shop Media introduced a ‘pawrental’ leave policy, which allows employees to take time off around the adoption of a new pet to focus on ownership duties, […]
Employers that aren’t encouraging LGBTQ2S+ inclusivity stand to lose significant amounts of money due to turnover, lower employee engagement and decreased productivity, says Michael Bach, founder and chief executive officer of Canadian Centre for Diversity and Inclusion Consulting Inc. “The employers making real progress are the ones that recognize the benefit of action and the […]
The second-in-command at the Bank of Canada is warning that economic “scars” from the coronavirus pandemic could become permanent without concerted effort from all Canadians. The pandemic remains an important day-to-day concern for governments and policy-makers, but more discussion and preparation for the post-pandemic recovery needs to take place, said senior deputy governor Carolyn Wilkins, […]
Whether Joe Biden or Donald Trump ultimately wins the White House, the stock market is already a clear winner this week. While there were fears that a longer than usual wait to determine the winner of the U.S. presidential race would lead to wild market volatility, that didn’t come to pass. But signs were there over the […]
The Office of the Superintendent of Financial Institutions is set to restart its policy development work this fall. The OSFI suspended consultations and policy development as part of its measures to reduce operational stress on institutions during the pandemic. As Canada begins to take steps towards reopening and recovery, the OSFI plans to ramp up […]
On May 12, Benefits Canada hosted a webinar to discuss the pharmaceutical industry’s efforts during the coronavirus crisis, as well as some key policy issues for Canadian insurers and their potential impact from the private-payer perspective. Since the end of April, 139 coronavirus treatments have been under investigation and Health Canada has approved several clinical trials […]
The Investment Management Corp. of Ontario is supporting six paid internships at the C.D. Howe Institute for summer 2020. “The COVID-19 pandemic is creating a challenging environment for many students who are struggling to find employment and we’re pleased that we can do our part to help,” said Michael Campbell, the IMCO’s chief client officer, […]
With the federal government easing the withdrawal requirements for registered retirement income funds in a bid to alleviate the harm to retirees’ portfolios caused by the coronavirus-spurred market crash, the industry is suggesting similar measures for other retirement arrangements. “Canadians who are about to turn money into income will be faced with the decision of […]