Staff

OMERS launching new resources guide to support members’ retirement security

The Ontario Municipal Employees’ Retirement System recently launched a new hub on its member website dedicated to retirement income sources. The new webpage is designed to support the OMERS’ members on their retirement savings and planning journey, emphasizing the importance of a secure and stable income foundation in retirement. This includes interactive tools to illustrate the […]

  • October 21, 2024 October 21, 2024
  • 15:00

Who are the winners of the 2024 Workplace Benefits Awards?

Benefits Canada is thrilled to announce the winners of the 2024 Workplace Benefits Awards. The awards, which were presented at the end of the 2024 Healthy Outcomes Conference in Toronto on Oct. 18, recognized employers that are making a substantial difference in their employees’ financial, mental and physical well-being. This year, Benefits Canada presented awards across […]

  • October 21, 2024 October 15, 2024
  • 09:00

Average Canadian DB pension plan returns 0.4% in September: report

The funded position of a typical Canadian defined benefit pension plan decreased to 107 per cent in August, down from to 107.8 per cent at the end of July, according to Telus Health’s latest pension index. It found a representative pension plan portfolio returned 0.4 per cent for the month due to strong performances by Canadian equities […]

  • October 17, 2024 October 15, 2024
  • 11:00

70% of U.S. employers cite compliance challenges amid expansion of paid leave: survey

Nearly seven in 10 U.S. employers say compliance with state legislation is one of their top three concerns amid the expansion of paid disability and sick leave, according to a new survey by Mercer. The survey, which polled more than 600 employers, found nearly three-quarters (72 per cent) reported increasing resources to ensure compliance. Two-thirds (66 […]

  • October 17, 2024 October 16, 2024
  • 09:00

Caisse investing $60 million in private equity fund, launching U.S. sustainable real estate financing program

The Caisse de dépôt et placement du Québec is investing $60 million in the first round of a private equity fund created by BDG & Partners Financial Corp. The fund, which has so far raised $240 million, aims to acquire controlling interests of Canadian mid-sized companies operating in manufacturing, food, distribution and specialized services, according […]

  • October 16, 2024 October 16, 2024
  • 15:00

Maple Leaf Foods, Unifor agreement includes pension, benefits gains

The union representing 60 employees at Maple Leaf Foods in Port Perry, Ont., has ratified a four-year collective agreement that includes pension and benefits gains. Vision coverage will increase from $280 to $315 in the first year and coverage for paramedical services will increase from $380 to $410 in the first year and to $420 […]

  • October 16, 2024 October 16, 2024
  • 15:00

32% of Canadian employees saving less during the summer: survey

While 55 per cent of Canadian workers say their ability to save money remained unchanged during the summer months, 32 per cent indicated they saved less than anticipated over that period, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found more than half (56 per cent) […]

  • October 16, 2024 October 16, 2024
  • 09:00

BCI targeting methane emissions, board diversity: stewardship report

The British Columbia Investment Management Corp. is focusing on methane emissions regulation and board diversity among its key environmental, social and governance policy initiatives, according to its inaugural stewardship report. In early 2024, the BCI responded to methane policy consultations by Environment and Climate Change Canada and the U.S. Environmental Protection Agency, said the report, noting […]

  • October 15, 2024 October 15, 2024
  • 09:00

Survey finds 38% of Canadians say stress has impacted their daily life

Nearly two-fifths (38 per cent) of Canadians say they’ve felt stressed to the point where it had an impact on their daily life at least once, according to a new survey by Ipsos that was released ahead of World Mental Health Day. The global survey, which polled more than 24,000 people in 31 countries, found […]

  • October 10, 2024 October 9, 2024
  • 09:00

34% of institutional investors adding digital assets to portfolio: survey

A third (34 per cent) of global institutional investors say they’ve already incorporated or plan to add digital assets to their investment portfolios in the near future, according to a new survey by Northern Trust. The survey, which polled more than 100 institutional investors, found two-thirds (66 per cent) said private assets will benefit the […]

  • October 9, 2024 October 8, 2024
  • 15:00