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PIAC providing feedback on potential updates to Alberta’s private sector pension legislation

The Pension Investment Association of Canada is providing feedback on the Alberta government’s consultation draft of potential legislative and policy updates for private sector pension laws. While the PIAC doesn’t have specific views on how to calculate the provision for adverse deviation, it’s encouraged Alberta is considering a harmonized approach, wrote Sean Hewitt, chair of […]

  • September 22, 2022 September 21, 2022
  • 09:00

StoneRidge Insurance Brokers acquiring benefits consultancy MultiCare Group

Ontario-based StoneRidge Insurance Brokers Corp. is acquiring employee benefits consultancy MultiCare Group. The acquisition will allow StoneRidge to provide a full range of insurance, risk advisory and benefits services to employer clients, according to a press release. Adam Lewis, president of MultiCare, will join StoneRidge and Scott Studley has been appointed executive vice-president of the company’s […]

  • September 21, 2022 September 21, 2022
  • 15:00

Just 41% of U.S. workers believe employer has achieved pay equity: survey

While nearly three-quarters of U.S. executives (74 per cent) and workers (71 per cent) agree pay equity is a top priority, employees say there’s more work to be done on the issue, according to a new survey by the Harvard Business Review and human resources consultancy UKG. The survey, which polled more than 3,000 employees […]

  • September 21, 2022 September 20, 2022
  • 09:00

OMERS Private Equity appointing Helen Rattee as managing director, ESG, portfolio thematics

In response to the growing role of environmental, social and governance factors in the Ontario Municipal Employees’ Retirement System’s investing strategy, its private equity arm, OMERS Private Equity, is appointing Helen Rattee as its first managing director of ESG and portfolio thematics. In the role, she’ll manage the organization’s ESG program in a manner that mitigates […]

  • September 20, 2022 September 20, 2022
  • 12:30

Synchronized rate hikes could spark global recession: World Bank report

Efforts by central banks to reduce inflation could spark a global recession, according to a new report from the World Bank. “If the degree of global monetary policy tightening currently anticipated by markets is not enough to lower inflation to targets, experience from past global recessions suggests that the requisite additional tightening could give rise […]

  • September 20, 2022 September 20, 2022
  • 12:00

Ontario Teachers’ investing in packaging firm, renewable energy platform

The Ontario Teachers’ Pension Plan is investing in a packaging company servicing European and North American businesses, as well as an Indian renewable energy platform. The pension fund is securing its stake in GPA Global from EQT Private Equity and several smaller shareholders. Following the transaction, the Ontario Teachers’ will share control of the business […]

  • September 20, 2022 September 20, 2022
  • 11:00

84% of stressed Canadian employees saving less than 5% of their pay: survey

The majority (84 per cent) of employees who say they’re feeling stressed are saving less than five per cent of their pay, according to a new survey by the National Payroll Institute and the Financial Wellness Lab of Canada. The survey, which polled more than 3,000 Canadian employees, also found workers are saving less than […]

  • September 20, 2022 September 19, 2022
  • 09:00

Lussier acquiring HR consultancy Matière Grise

Insurance broker Lussier Inc. is acquiring human resources consultancy Matière Grise. The acquisition will allow the Quebec-based broker to expand its employee benefits consulting services, including compensation, occupational health and safety, safety groups, group insurance and pension plans, according to a press release. Read: Telus completes acquisition of LifeWorks “Through its recognized expertise and its […]

  • September 19, 2022 September 19, 2022
  • 15:00

73% of employees experiencing high or moderate levels of stress: survey

Nearly three-quarters (73 per cent) of employees are experiencing high or moderate levels of stress, according to a new survey by Alight Solutions and Business Group on Health. The survey, which polled more than 10,000 employees across the globe, found more than a third (34 per cent) of workers reported symptoms of burnout and just […]

  • September 19, 2022 September 16, 2022
  • 09:00

Survey finds 78% of Canadian employees prefer working from home

More than three-quarters (78 per cent) of Canadian employees say they prefer working from home to their regular workplace, according to a new survey by the Future Skills Centre, the Environics Institute for Survey Research and the diversity institute at Toronto Metropolitan University’s Ted Rogers School of Management. The survey, which polled more than 6,600 […]

  • September 19, 2022 September 16, 2022
  • 09:00