The Canada Pension Plan Investment Board and the Public Sector Pension Investment Board are backing Canada’s first university program designed to open the asset management sector to more women. Participants in the 14-week summer program, which is open to female students from Western University’s Ivey School of Business, will complete a paid 10-week internship at […]
While just 12 per cent of Canadian office workers say working entirely at a physical workplace is their ideal scenario moving forward, 43 per cent say they’d be likely to look for a new job if their current employer mandated a full-time return to the office, according to a new survey by Amazon Business Canada. […]
Green Shield Holdings Inc. is acquiring specialty pharmacy NKS Health and digital pharmacy the Health Depot. NKS Health, which is focused on complex disease management, has four accredited pharmacies, 19 infusion clinics and a national network. The acquisition will provide Green Shield Canada with additional capability in managing drug costs for employers while enhancing patient health […]
With today marking the second anniversary of the coronavirus pandemic, it isn’t surprising that a pair of articles on the pandemic’s lasting impact were among the most read stories over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Two years later: Canada’s DB, DC pension plans weathering the […]
A majority (80 per cent) of U.S. remote workers say they’re experiencing some level of ‘Zoom fatigue,’ according to a survey by Honest Paws, a pet wellness goods supplier. The survey, which polled 400 employees who’ve been working from home during the coronavirus pandemic, found 28 per cent are feeling somewhat fatigued, 29 per cent […]
The Caisse de dépôt et placement du Québec’s venture capital hub is partnering with seven venture capital funds representing $8.6 billion in assets under management. Espace CDPQ, which targets innovative businesses in the credit sector, will partner with five Canadian firms — Accelia Capital, Amplify Capital, BKR Capital, Fonds Ecofuel and Framework Venture Partners — […]
The Canada Pension Plan Investment Board is expanding the number of countries in which it will apply its most stringent board gender diversity proxy voting rules. “We have enhanced our gender diversity voting practice by expanding the countries where our 30 per threshold for female representation applies to include South Africa and New Zealand,” said […]
The proportions of mental health-related disability increased 2.3 percentage points from 2019 (6.4 per cent) to 2021 (8.7 per cent), according to combined data from Statistics Canada’s labour force survey and Canadian income survey. Among those who were employed during the first four months of 2021, more than one in five (21.5 per cent) had a […]
The OPSEU Pension Trust is reporting a net investment return of 15.3 per cent for 2021, a result driven by strong private equity performance. In its 2021 funded status report, the OPTrust said its private equity portfolio generated a net return of 52.2 per cent. By comparison, public equities provided a net return of 12.9 […]
While 84 per cent of Ontarians believe mental-health support is vital to move beyond the coronavirus pandemic, less than a third (28 per cent) feel support is easy to access, according to a new survey by the Ontario Association of Social Workers. While more than half (54 per cent) of survey respondents said they have […]