Home Kelsey Rolfe

The majority of Capital One Canada’s workforce are second-generation Canadians and/or immigrants, so many employees didn’t see their families during the pandemic. While they wanted to take extended leaves from work, the financial company found few were actually taking advantage of its existing leave program. “It’s because it was unprotected,” said Rita Mizzi-Gago (right), the […]

  • December 16, 2022 December 12, 2022
  • 07:56

As the coronavirus pandemic prompted a meaningful change in how employers communicate with their workforces, Telus Communications Inc. reviewed job types and created personas around these employee groups, communicating well-being information differently depending on the persona. “We were doing that before, but it became even more important during the pandemic and . . . in […]

  • December 16, 2022 December 12, 2022
  • 07:53

Financial education and well-being initiatives are in the spotlight as employees face the stress of multiple financial headwinds — from inflation reaching a 40-year high to the strong likelihood of an impending recession — and search for advice and clarity. “There’s a very strong correlation between financial wellness and mental wellness,” said Dr. Jim Chung […]

  • December 16, 2022 December 12, 2022
  • 07:51

Working on the frontlines of the coronavirus pandemic day in and day out, health-care workers experienced significant mental-health challenges over the past two and a half years — and while the most acute phases of the pandemic may have passed, the sector is preparing for the psychological fallout. Employers in the sector have responded proactively […]

  • December 9, 2022 December 6, 2022
  • 07:59

Canada has done a good job at reducing the stigma around discussing and seeking help for mental-health challenges, but two-thirds of Canadians who are struggling still don’t seek help. That’s a likely symptom of the country’s “fractured and fragmented” health-care system, said Joe Blomeley, executive vice-president and head of health services and enterprise growth at […]

  • December 9, 2022 December 6, 2022
  • 07:57

A pilot project between Sun Life Canada and CloudMD found employees who had access to a mental-health coach and targeted interventions at the early stage of a mental-health challenge saw significant reductions in their symptoms over time, as well as lower short-term disability durations for those who took leave. “Early detection initiatives can really enhance […]

  • December 9, 2022 December 6, 2022
  • 07:56

Alongside the steady decline of defined benefit pension coverage in Canada, defined contribution plans have seen a massive growth — “a secular shift of responsibility onto the individual when it comes to retirement security in Canada,” according to Preet Banerjee, a personal finance expert, during Benefits Canada’s 2022 DC Investment Forum in late September. He called […]

  • October 17, 2022 October 14, 2022
  • 07:59

While real estate has long been a part of defined benefit pension plans’ asset allocations, its inclusion in investment portfolios has steadily climbed in recent years. But defined contribution plan sponsors and members also stand to benefit from the asset class’ inflation-hedging properties, as well as its ability to boost income and improve portfolio diversification. Pension […]

  • October 17, 2022 November 4, 2022
  • 07:55

Rising interest rates and market turmoil have called into question the ability of core fixed income to provide pension plan sponsors with its traditional benefits of stable returns and income, diversification and capital preservation. But Kevin Minas, vice-president and client portfolio manager of global fixed income at CIBC Asset Management Inc., said he actually expects […]

  • October 17, 2022 October 14, 2022
  • 07:54

Increasingly, defined contribution plan sponsors are grappling with adding environmental, social and governance investing options to their plans as a growing number of members ask for them, but the legal landscape for ESG investing is complicated, according to Kathy Bush, partner at Blake Cassels & Graydon LLP, during Benefits Canada’s 2022 DC Investment Forum in late […]

  • October 17, 2022 October 14, 2022
  • 07:52