The British Columbia Investment Management Corp. is leveraging its size and influence to drive environmental, social and governance improvements across its portfolio, according to the investment organization’s 2022 ESG annual report. “We believe, as do our clients, that ESG matters, makes a difference and translates to meaningful distinctions in a company’s ability to generate long-term […]
Canadian generation Z employees experienced a decrease in happiness of 0.4 points in April, according to a new survey by ADP Canada. The survey, which polled more than 1,200 employees, found that, on a scale of one to 10, baby boomers reported the highest happiness score (7.3), followed by millennials (6.6), generation X (6.5) and […]
Around a third of Canadians report their physical health (30 per cent), mental health (32 per cent) and financial situations (34 per cent) have worsened or significantly worsened over the past two years, according to a new survey conducted by Environics Research and commissioned by Dialogue Health Technologies Inc. The survey, which polled more than 1,500 Canadians, […]
Most institutional investors say they’ve increased their reliance on content from social media in the investment decision-making process after adopting hybrid working environments, according to a new survey from Coalition Greenwich and commissioned by LinkedIn. The survey, which polled 232 senior investment professionals at pension funds, insurance companies, endowments, foundations and family offices in the […]
More than half (58 per cent) of U.S. employees say they’re significantly worried about one or more aspects of their personal finances, including saving for retirement and building emergency savings, according to a new survey by John Hancock Financial. In addition, with the market declines across asset classes in 2022, 70 per cent of survey respondents […]
Nearly three-quarters (71 per cent) of Canadian employees feel their mental health has interfered with their ability to work in the past year, according to a new survey commissioned by Manulife Financial Corp. and conducted by Edelman DXI. The survey, which polled more than 1,500 Canadians, found four-fifths of employees said they’re worried about their […]
More than four in 10 (42 per cent) global employees consider the availability of fertility benefits through their employer a ‘deal breaker’ in accepting a job, according to a new survey by Carrot Fertility. The survey, which polled 5,000 people across Canada, India, Mexico, the U.K. and the U.S., also found two-thirds (65 per cent) of […]
An opinion piece on how certain aspects of the Quebec government’s rules and constraints on private drug plans affect pharmacy costs was the most-read story on BenefitsCanada.com this past week. 1. Sounding Board: Why do Quebec’s private drug plans pay higher pharmacy fees? 2. Custodial, maintenance workers at TMU striking over pension contribution increase 3. Half of Canadian benefits providers […]
As countries seek to reach net-zero carbon emissions targets by 2050, demand for buildings to be retrofit to improve energy efficiency will more than double, according to a new report from the Ontario Teachers’ Pension Plan that highlights several aspects of its sustainable investment strategy. “The good news is that the expertise and technology required […]
The College of Arts and Technology pension plan’s assets dropped 2.3 per cent while its funded ratio on a going-concern basis remained at 124 per cent in 2022, according to its annual report. “With CAAT, members don’t have to worry about every market dip and blip,” wrote Derek Dobson (pictured), the multi-employer pension plan’s chief […]