The federal election is top of mind for many these days, so it’s no surprise Benefits Canada‘s most-read story over the past seven days was about the possible impact the election could have on the human resources, benefits and pension industries. Here’s the five most popular news stories of the week: 1. How will federal election […]
A majority (75 per cent) of U.S. organizations said the coronavirus pandemic has influenced how they approach absence management as a whole, according to a survey by Hub International Ltd. The survey, which polled more than 500 small- and mid-sized employers, found about 40 per cent of respondents acknowledged their time-off policies need to be […]
Canada drops to No. 10 among developed nations for retiree well-being after spending two years in a row at No. 8, according to Natixis Investment Managers’ annual global retirement index. The index, which provides an overview of the relative well-being and financial security of retirees in 44 countries, examined several factors, including whether a country […]
The Ontario Teachers’ Pension Plan is entering into an agreement to buy a bank that offers reverse mortgage solutions. The acquisition of HomeQ Corp., the parent company of HomeEquity Bank, from Birch Hill Equity Partners Management Inc. and other minority shareholders, is subject to regulatory approvals, which are expected to take place in the first […]
A majority (60 per cent) of employees said they’re equally productive at home as in the office and that their overall well-being is as good — or better — working from home as in the office, according to a new survey by LinkedIn Corp. subsidiary Glint Inc. The survey, which polled more than 300,000 global LinkedIn members, […]
The Association of Canadian Pension Management is calling on the Office of the Superintendent of Financial Institutions to address funding asymmetry in its approach to regulating defined benefit pension plans using a portfolio replicating approach. In an open letter to the OSFI, Ric Marrero, the ACPM’s chief executive officer, raised concerns related to planned revisions […]
The average national salary increase in Canada rose to 2.8 per cent (excluding freezes), similar to pre-coronavirus pandemic levels, signalling that rising vaccination numbers, low unemployment rates and a tight labour market are having an effect on employers’ compensation practices, according to a new survey by Normandin Beaudry. While 20 per cent of Canadian companies said […]
Eight Indigenous groups and an Alberta-based energy company are becoming the co-owners of a pipeline in which the Alberta Investment Management Corp. has a majority stake. The TC Energy Corp. is selling its 15 per cent stake in the Northern Courier Pipeline, which transports bitumen along a 90 kilometer route between Fort Hills Mine and […]
As Canadians head to the polls today, Benefits Canada takes a look at how the federal parties’ campaign promises could impact the human resources, benefits and pension industries. Read: Conservatives, NDP pension promises include super-priority for members The Conservative Party is proposing a plan that would put pension plan members first when the company sponsoring […]
Canadian employers are using a mix of perks and upskilling training to attract and retain talent amid a tight labour market, according to a new survey by ManpowerGroup Canada. The survey, which polled more than 1,000 employers across the country, found more than half (59 per cent) reported having some difficulty filling jobs due to […]