Investors should expect the unexpected in 2022, according to George Athanassakos, professor of finance and the Ben Graham chair in value investing at Western University’s Ivey School of Business. “2022 is likely to be filled with hidden hazards, both known unknowns and unknown unknowns,” he wrote in an email to the Canadian Investment Review. This […]
The Investment Management Corp. of Ontario is increasing its exposure to private equity, with plans to increase its exposure to the asset class to more than $6 billion by 2026. This year, the investment organization made about $2.3 billion in private equity transactions after starting the year with $2.7 billion in private equity assets — or […]
Employers are likely to see the expansion and tweaking of current health and well-being trends next year, according to the Business Group on Health. Virtual health care that integrates with in-person offerings and the continued expansion of mental-health and well-being services are among six trends that will underscore a “collective urgency” for employers and their […]
The Caisse de dépôt et placement du Québec is investing $100 million in a subscription commerce platform company. The investment in AppDirect Capital will be used to accelerate the growth of the AppSmart Invest program, a recently launched business-facing online technology marketplace that connects buyers with expert advisors. The marketplace is designed to help subscribing […]
The Canadian Drug Insurance Pooling Corp.’s high-cost drug framework provided coverage to almost 28,000 Canadians and their families where drug costs exceeded $10,000 annually in 2020. According to its results, the CDIPC estimated that its member insurance companies reimbursed claims associated with 54 new high-cost drugs including those for rare diseases. As well, based on past experience, […]
Women are 10 per cent more likely than men to say their financial health is the same or worse than last year, according to a new survey by Origin Financial. The survey, which polled 1,000 full-time employees in the U.S., also found 62 per cent of male respondents said they’re confident or very confident in […]
The percentage of Canadians taking all of their allotted vacation time increased to 27 per cent in 2021, compared to 2020 when 20 per cent said they used all of their vacation days, according to a new survey by Maru Public Opinion for ADP Canada Co. For the first time since 2017, the “time-off tax” — an […]
The Caisse de dépôt et placement du Québec is co-financing $100 million in credit for a remote area monitoring company. The Caisse is joining fellow investors, including the Business Development Bank of Canada and Export Development Canada, to provide credit for quasi-equity, subordinated debt and revolving credit for Vosker. The majority of the funding will […]
Almost all (94 per cent) small- to medium-sized Canadian employers offer a benefits plan, according to a new survey by Humi. The survey, which polled the organization’s employer clients, found slightly more than a third (42 per cent) of respondents said they’re paying for the full cost of benefits premiums. However, when it comes to […]
A story on the federal government’s economic and fiscal update took the top spot over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Federal government extending pandemic aid for employers, employees 2. Ontario recommending introduction of new portable benefits program 3. Toronto’s Juno College planning to move to 100% employee-ownership […]