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Insecure finances, physical health affecting well-being during lockdown: study

Insecure financial situations, worsening physical health and boredom in both work and free time were the biggest factors affecting British and French employees’ well-being during the first coronavirus pandemic lockdown, according to new research from the international Emylon Business School in Lyon, France. The study, by the business school’s Lifestyle Research Center, looked at the […]

  • June 30, 2021 June 30, 2021
  • 15:00

CPPIB, AIMCo re-invest in telecom infrastructure giant, BCI in logistics firm

The Canada Pension Plan Investment Board and the Alberta Investment Management Corp. are together investing $2.4 billion in the Australian digital infrastructure company BAI Communications Pty. Ltd. The funds have been earmarked to support BAI’s global growth strategy and acquisitions. BAI recently announced a partnership agreement with Transport for London to deliver high-speed mobile coverage […]

  • June 29, 2021 June 30, 2021
  • 10:00

Canadians finding financial stress affecting work, family life: survey

Nearly two in five (38 per cent) Canadians polled said money is their No. 1 source of stress in life, even more than personal health (26 per cent), work (20 per cent) or relationships (15 per cent), according to a new survey by FP Canada. According to the survey, which polled more than 1,500 Canadians, […]

  • June 28, 2021 June 28, 2021
  • 15:15

Meet the judges of the 2021 Workplace Benefits Awards

With the 2021 Workplace Benefits Awards’ nomination process drawing to a close in a couple of weeks, Benefits Canada is pleased to announce this year’s panel of judges. The deadline for this year’s awards has been extended to July 7, at which time the awards entries will be turned over to several industry experts. Read: Deadline […]

  • June 25, 2021 June 24, 2021
  • 09:00

Millennials, gen-Xers hit hardest financially during pandemic: survey

The coronavirus pandemic is financially impacting generation Z, millennials, generation X and baby boomers differently. Canadians from the millennial (22 per cent) and gen-X (25 per cent) cohorts were slightly more than two-times more likely than baby boomers (10 per cent) to have said the pandemic significantly set them back financially, according to a new […]

  • June 24, 2021 June 24, 2021
  • 09:00

Transfer of assets to N.B.’s unclaimed property program could reduce burden on pension plans

The Association for Canadian Pension Management is urging New Brunswick’s Financial and Consumer Services Commission to ensure unclaimed entitlements from ongoing pension plans are eligible for transfer to the province’s unclaimed property fund at the option of the plan administrator. Under a proposed revision to New Brunswick’s unclaimed property program, organizations and government entities holding […]

  • June 23, 2021 June 23, 2021
  • 15:00

PIAC warns of ‘unintended consequences’ of pension super-priority bill

There could be “unintended consequences” if a bill conferring preferred creditor status to defined benefit pension plan members during bankruptcies passes through Canada’s House of Commons, according to an open letter from the Pension Investment Association of Canada. In an open letter, to Michael MacPherson, clerk of the standing committee on industry, science and technology, from Natasha Trainor, […]

  • June 23, 2021 June 24, 2021
  • 13:00

Remote work, employee retention key issues for post-pandemic workplaces: surveys

In an effort to retain employees post-coronavirus pandemic, employers across the country are embracing remote working and signalling it’s here to stay, according to a new survey by the Business Development Bank of Canada. The survey, which polled more than 700 small businesses and 2,000 workers, found 48 per cent of employee respondents who’ve switched […]

  • June 23, 2021 June 23, 2021
  • 09:00

Ontario Teachers’ investing in AI-based hiring platform

The Ontario Teachers’ Pension Plan is leading a US$138 million ($172 million) Series C funding round for Beamery Ltd., a company with an artificial intelligence-based online platform aimed at helping companies engage and retain talented people. Beamery uses AI in its operating system, allowing employers to quickly sift through candidates. In the first three months […]

  • June 22, 2021 June 22, 2021
  • 09:00

PSP reporting 18.4% net return for fiscal 2021

The Public Sector Pension Investment Board is reporting a net return of 18.4 per cent in fiscal 2021. As of March 31, 2021, the PSP had $204.5 billion in net assets under management, up 20.4 per cent from $169.8 billion at the end of the previous fiscal year. The PSP also reported a 10-year annualized […]

  • June 22, 2021 June 21, 2021
  • 09:00