Ten Canadian pension funds are among the top 100 global private equity investors, according to a new report by data and intelligence company Preqin. The Canada Pension Plan Investment Board was ranked No. 1 while the Ontario Teachers’ Pension Plan, at No. 6 and the Caisse de dépôt et placement du Québec, at No. 7, […]
CAA South Central Ontario will share the lessons learned during its transition to a defined contribution pension plans at the 2017 Benefits and Pension Summit in Toronto on April 11-12. The organization transitioned to a defined contribution arrangement in 2013. In the following three years, the organization focused on the defined contribution plan it introduced […]
The federal government’s advisory council on economic growth has released its second wave of recommendations that include extending the age of eligibility for the Canada Pension Plan, establishing a reasonable process for requesting flexible working arrangements and creating a universal subsidized childcare program to get more women into the workforce. The advisory council believes allowing CPP and […]
St. Joseph’s Healthcare Hamilton went back to the basics of budgeting and planning when it hosted a recent series of financial education sessions for employees. The idea to run the sessions this fall came from reports on the hospital’s employee assistance program, according to Marlene Hall, director of human resources. “Of the work-life services, the second […]
Only 37 per cent of millennial and generation Z employees who have access to workplace health benefits feel their plan fully meets their needs., according to new research by Sun Life Canada. “I looked at that statistic more in terms of the opportunities to build even further on programs, to enhance them and make them […]
A ruling by the Human Rights Tribunal of Ontario at the end of 2016 could make it easier for employees to bring claims for family status discrimination against their employers. The case, Misetich v. Value Village Stores Inc., involved an employee who had refused to accept certain proposed scheduling changes designed to accommodate her physical limitations. The […]
Big investors finally get their money back.
The asset-backed commercial paper crisis has finally come to a resolution this month with the restructured paper’s liquidation and many institutional investors, including some large pension funds, getting their money back. But the decade-long journey to that result has been anything but smooth, so what are the lessons for institutional investors? While they’re a complex […]
When Campbell Co. of Canada opened its annual flexible benefits enrolment window in December 2016, it made a number of changes to streamline the process, including moving it completely online, changing the way it deducts wellness contributions and scrapping the graduated matching for the company’s group registered retirement savings plan. The company’s plan covers a […]
As Bell Canada continues to roll out its annual Bell Let’s Talk campaign, the telecommunications company is hosting a number of mental health and wellness events for employees. The organization is offering opportunities for employees to attend in-person speaking events or watch them online through a platform called LifeSpeak. “That is very, very popular because […]