A majority (82 per cent) of senior managers said they’re worried about their company’s ability to retain valued staff, with 34 per cent saying they’re very worried, according to a new survey by Robert Half Canada Inc. Among this group, 41 per cent attributed their concern to salary reductions or planned salary freezes for the […]
Medcan is partnering with fitness app Lift to enhance its wellness offering to plan sponsors. The platform, which includes customized exercise programming, digital equipment and digital assessments, aims to offer highly engaging virtual training sessions, partnered with Medcan fitness coaches. “Fitness is one of Medcan’s key pillars,” said Andrew Zimakas, the organization’s chief product and […]
In response to the coronavirus pandemic, more than half of Canadian employers (53 per cent) are enhancing their well-being programs, while 27 per cent are planning to make changes to improve health benefits, according to a new survey by Willis Towers Watson. The survey, which polled nearly 150 Canadian employers with more than 800,000 employees, […]
BMO Financial Group is introducing a new diversity strategy that sets goals to address gaps affecting Black, Indigenous, People of Colour, Latino and LGBTQ2+ employees, customers and communities. The new benchmarks and plans, which expand the bank’s multi-year diversity strategy set in 2017, includes doubling company-wide representation of Black senior leaders, accelerating Indigenous talent strategies, […]
Acknowledging that the multi-faceted causes and consequences of climate change call for different methods, Quebec-based pension fund Bâtirente is publishing a new climate commitment. “Effectively supporting the transition to an economy that is aligned with the objectives of the Paris [Agreement] requires a multi-dimensional approach,” said Daniel Simard, the pension fund’s chief executive officer, in […]
Acknowledging that the multi-faceted causes and consequences of climate change call for different methods, Quebec-based pension fund Bâtirente is publishing a new climate commitment. “Effectively supporting the transition to an economy that is aligned with the objectives of the Paris [Agreement] requires a multi-dimensional approach,” said Daniel Simard, the pension fund’s chief executive officer, in […]
Historically, many institutional investors have been wary of emerging markets despite their growing role in the global economy, but the tide may be shifting, according to new research by Vontobel Asset Management. “In many cases, [institutional investors and discretionary wealth managers’] allocations to emerging market assets have stalled in single figures as a percentage of […]
The Canada Pension Plan Investment Board is appointing Edwin Cass as its first-ever chief investment officer. In the new role, he’ll be responsible for total fund management, including capital allocation between investment programs, long-term investment department signals, medium- and near-term portfolio guidance and balance sheet management. “Our investment governance structure has served CPP Investments well […]
Canadians’ mental health continues to be affected by the impact of the coronavirus, including concerns about a second wave, ongoing economic uncertainties and the added concerns of students returning to school, according to Morneau Shepell Ltd.’s latest mental-health index. For the fifth consecutive month, it showed a negative mental-health score, at negative 11, a slight […]
Navacord Corp. is expanding its group benefits business by acquiring British Columbia-based independent benefits brokerage Dehoney Financial Group. Dehoney, which has been in business for 40 years, provides benefits and retirement consulting, administration and life insurance products for executives and employees, working with a mix of public and privately owned Canadian companies. Read: Navacord acquiring Ontario-based […]