Canada’s first National Day for Truth and Reconciliation was front of mind this week, with Benefits Canada‘s look at how employers can mark the inaugural day the most-read story. Here are the five most popular news stories of the week: How employers can mark first-ever National Day for Truth and Reconciliation New paper calls for linking […]
The majority (81.5 per cent) of plan members participating in digital wellness programs experienced improvements for a wide range of health indicators across 30 months, according to a new study by the Institute of Health Economics in partnership with Alberta Blue Cross. Equally important, the study found cost savings for benefits plans with a corresponding […]
Nearly a quarter (23 per cent) of working Canadians say the coronavirus pandemic has delayed their — or their spouse’s — timeline to retirement, according to a new survey by Ipsos on behalf the Canadian Institute of Actuaries. The survey, which polled more than 1,500 Canadians aged 18 and up, found the top reason for the […]
The Canada Pension Plan Investment Board is acquiring North America’s largest marine terminal operator. A minority investor in the Ports America Group since 2014, the CPPIB has reached a deal to secure all outstanding interest in the company from Oaktree Capital Management. While the exact details of the transaction aren’t known, the management structure is […]
The 17 pension-qualified members of parliament who stood down or were ousted during last week’s federal election will receive $1.4 million per year in payments, according to a new report by the Canadian Taxpayers Federation. The think tank, which tracks government expenditure in Canada, says that, should the MPs each live to 90 years old, […]
The Public Sector Pension Investment Board is accepting a new partner into a joint venture that is building a new scientific research centre in Boston’s Seaport District. New York-based investment management company KKR and Co. Inc. reached a deal with PSP Investments and WS Asset Management Inc. to become an investor in a joint venture […]
The coronavirus pandemic is making Canadian employers more cognizant of the need to offer flexible working arrangements, according to a new survey by Randstad Sourceright. The survey, which polled 850 C-suite and human resources leaders across 17 countries, found 84 per cent of Canadian respondents said they’ll consider some sort of permanent work-from-home policy post-pandemic. […]
About a third (36 per cent) of working Canadians and 21 per cent of retirees aren’t confident how much money their retirement income sources will provide them in the future, according to a new survey by Mackenzie Investments. Fortunately, a majority (79 per cent) of retirees said they’re very or somewhat confident their retirement income sources will […]
The University of Victoria Students’ Society is the first Vancouver Island employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. By joining the plan, permanent employees at the UVSS represented by the United Steelworkers will have access to a pension with early retirement options, survivor benefits and inflation protection, noted a […]
The coronavirus pandemic is changing what perks millennial managers consider “must haves,” according to a new survey by MetLife Inc. It found millennial managers (ages 26 to 40) are significantly more likely to describe pet insurance (up 58 per cent), legal services (up 50 per cent) and financial planning tools (up 40 per cent) as “must […]