With the 2024 Workplace Benefits Awards’ nomination process soon drawing to a close, Benefits Canada is pleased to announce this year’s panel of judges. The deadline for this year’s awards is Friday, July 5, at which time the entries will be turned over to the hands of several industry experts. Read: Who are the winners of the 2023 Workplace […]
Mental-health claims by Canadians have increased by 132 per cent since the onset of the coronavirus pandemic, according to a new report by GreenShield. The report, which compiled data from the insurer’s claims database between 2020 to 2023, found women and younger generations account for the majority of mental-health services accessed. Among those accessing mental-health services, stress […]
A potential federal mandate for Canadian pension funds to increase their domestic investments could end up harming the very people the pension system is set up to protect, according to a new study by the Global Risk Institute. The paper examined the potential effect of official legislation that pushes for increased investments in domestic markets, […]
Three-quarters of Canadian organizations (and 67 per cent of global employers) either offer or are keen to offer benefits choice or flexible benefits, according to a new survey by MBWL International, an international joint venture between Barnett Waddingham, Milliman Inc., Lurse and Normandin Beaudry. The survey, which polled more than 250 global employers, found 27 per cent […]
The Financial Services Regulatory Authority of Ontario has updated its guidance on the roles and responsibilities of pension plan administrators, adding three additional areas for administrators to enhance protection and stability for pension plan beneficiaries. The guidance, which took effect earlier this month, stated an administrator is responsible for all aspects of the administration of the […]
Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, is increasing the size of its investment partnership with Walker & Dunlop Investment Partners to US$500 million. The investment partnership, which was originally formed in 2021, will continue to seek equity investments in multifamily properties, student housing and manufactured housing […]
A fifth of global employees report experiencing loneliness, with the percentage increasing for employees under 35, according to a new report by Gallup Inc. The global report found fully remote employees reported significantly higher levels of loneliness (25 per cent) than those who work fully onsite (16 per cent). Overall, employee well-being declined in 2023 […]
A majority (77 per cent) of Tesla Inc. shareholders voted in support of restoring the landmark US$44.9 billion all-stock pay package for chief executive officer Elon Musk, despite public calls against the compensation by a pension fund and a sovereign wealth fund, according to a report by the Associated Press. The shareholder vote, held at […]
The Pension Investment Association of Canada supports closely aligning the Canadian Sustainability Standards Board disclosure standards with the International Sustainability Standards Board’s requirements but recommends it only make necessary Canadian-specific modifications to the guidance. In an open letter to the CSSB, the PIAC noted alignment between financial and sustainability reporting supports “a connectivity that is essential […]
More than eight in 10 (86 per cent) U.S. workers say they’re afraid of their human resources representatives, according to a new survey MyPerfectResume.com. The survey, which polled nearly 1,000 workers in the U.S., found a similar percentage (85 per cent) of respondents expressed hesitation in approaching HR to discuss work-related issues, citing concerns such as […]