Bell Aliant was created when four telephone companies merged in 1999, each with their own group benefits plan. Given the costs and complexities associated with administering the various plans, the newly formed company had to harmonize benefits across the entire employee base. After examining the existing options, Bell Aliant decided to create a new flexible […]
With more baby boomers caring for aging parents while they approach retirement themselves, employers need to acknowledge and plan for the impact of eldercare on the workplace. A recent seminar hosted by the Employee Assistance Programs Association of Toronto and led by Gillian Joseph, research associate with the Centre for Families, Work & Well-being at […]
Cost containment is the No. 1 issue for defined benefit (DB) plan sponsors, according to the results of the 2007 ACS/Buck Consultants Survey Of Defined Benefit Pension Plans In Canada. The results were unveiled in a seminar Wednesday at the Toronto Board of Trade. Marc-André Vinson, senior consultant, and Charlene Moriarty, consulting actuary, served as […]
OMERS Capital Partners announced it has acquired Give and Go Prepared Foods Corp. for an undisclosed sum. Give and Go provides premium thaw-and-sell bakery products to retailers and food service operators across Canada, the United States, Mexico and the United Kingdom, including the well-known Two-Bite line of products. “The management team has created an outstanding […]
A panel discussion at the Rotman School of Management at the University of Toronto on Thursday looked at the root causes of the recent upheaval in the credit markets and the lessons learned from it. The panel was comprised of Richard Cantor, managing director, Ratings Research & Analysis, Moody’s Investors Service; Bryan Osmar, senior vice-president, […]
One size no longer fits all—in today’s CAP market, it’s all about tailoring solutions to meet specific plan sponsor and member needs. You’ve chosen the finest material, selected a stylish cut, picked your favourite colour and given the tailor your measurements. Your goal is to create the business suit—one that fits you to a T […]
Is the credit crunch just a bump in the road or a serious hazard precipitating a long-term crash? A St. Andrew’s Day Celebration event, hosted by Baillie Gifford at the Sutton Place Hotel in Toronto on Nov. 27, 2007, examined possible future outcomes of the ongoing liquidity crisis. Ken Barker, Investment Manager with Baillie Gifford, […]
Donald Stewart, chief executive officer of Sun Life Financial, has been named International Executive of the Year by the Canadian Chamber of Commerce, Canada’s largest business association. The International Executive of the Year Award was established to showcase Canadian business achievements by recognizing an executive whose leadership has fostered the company’s strong and competitive presence […]
The proportion of men covered by a registered pension plan(RPP)has declined by 10 percentage points since the late 1970s, reports Statistics Canada in its November 2007 Perspectives. However, the proportion of women covered has increased over the same time period. Since the 1970s, more well-educated women have entered the workforce, leading to increased retirement coverage […]
With the baby boomer generation reaching retirement, how will companies adapt to the upcoming labour shortage and the new demographics of a mature workforce? The 3rd Annual Summit on the Mature Workforce, held at the Sheraton Centre in Toronto on Nov. 21, 2007, brought together a variety of industry speakers and delegates to examine the […]