HumanaCare has completed the integration and re-launch of its virtual health platform TranQool. The platform, which the employee health services company acquired in May 2018, will be available to more than 1.3 million Canadians through partnerships with HumanaCare, and allows individuals to access virtual counselling and therapy services. Read: HumanaCare acquires virtual health-care platform “We are excited to […]
Institutional investors that are integrating environment, social and governance factors into their decision-making process are taking note of Facebook Inc.’s latest troubles. Back in March, MSCI Inc. downgraded Facebook’s ESG ranking from BBB to BB. Its less-than-stellar rating of BBB before the downgrade was due to what MSCI called “long-standing concerns . . . with […]
Three years ago, the Alberta Pensions Services Corp. was facing a bitter fact. Though one of our key corporate goals is to begin paying benefits within 30 days of plan members completing their retirement application, we were reaching this goal for barely one of every four retirees. This was a significant issue. APS administers the […]
Lost or damaged prescriptions cost Canadians more than $35 million in productivity, extra travel and time spent filling prescriptions and the potential for adverse health events due to medications that aren’t taken at all, according to a new study by Canada Health Infoway. The study found 40 per cent of Canadians who lost or damaged prescriptions […]
BMO Capital Markets, alongside the Ontario Teachers’ Pension Plan, has launched a pilot fixed income issuance transaction, mirrored on a blockchain platform. In the transaction, the Bank of Montreal acted as the issuer, while Ontario Teachers’ purchased a $250 million one-year floating rate deposit note. It marks the first Canadian dollar fixed income issuance showing the viability […]
More than two-thirds (69 per cent) of Canadians would use virtual visits for at least a few of their appointments with physicians, according to a new survey by the Canadian Medical Association. The survey, which queried more than 2,000 people, shed some light on technology and health care, as well as the generation gap between older […]
Conduent Inc. has completed the sale of its human resources consulting business to a fund managed by private equity investment firm H.I.G. Capital. The business, which was formerly known as Buck Consultants, has relaunched under that name. It will offer global integrated HR consulting, benefits administration and technology services. The deal, as reported in May 2018, included the […]
The Caisse de dépôt et placement du Québec has appointed Alexandre Synnett as its new executive vice-president of digital technology and operations. With eight years of experience at the pension fund, Synnett was previously senior vice-president of operations; vice-president of operations for private equity, infrastructure and data management; vice-president of data management; and associate vice-president of the […]
Digital human resources company Rise People Inc. is partnering with Cowan Insurance Group to launch an integrated product that includes human resources, payroll and insurance services. In December 2017, Rise People launched a national sponsorship program aimed at combining its technological expertise with advice from consultants, such as Surrey, B.C.-based Davis Benefits and Pensions Ltd. and […]
How do the following sound as headlines for the cover of Benefits Canada? Are they likely to make the cut any time soon? • “My boss is 89” • “Remember when we went to the doctor’s office?” • “On-the-job diagnosis” • “Machines don’t need benefits” • “Artificial benefits” • “Shareholders elect first AI CEO (actuary’s […]