Manulife Financial and its U.S. division John Hancock are investing more than $3.5 million over the next two years to promote diversity, equity and inclusion in the workplace and in the communities they serve. In a press release, the organizations said the goals of these investments are three-fold: to increase the representation of diverse talent […]
While benefits plan members are experiencing levels of stress that impact their productivity at work, a growing number feel their employer is supporting their mental health, according to the 2020 Sanofi Canada health-care survey. The survey found 37 per cent of employees said they’ve felt physically ill due to overwhelming workplace stress in the last year. […]
The federal government is introducing new regulations to protect employees from harassment and violence in the workplace. The regulations, which take effect on Jan. 1, 2021, outline the necessary elements of a workplace harassment and violence prevention policy and the procedures employers are required to have in place to respond to any incidents. They apply to federally regulated […]
The Canada Pension Plan Investment Board and the Public Sector Pension Investment Board are participating in the initial round of financing for Seattle-based Sana Biotechnology Inc. With the help of other investors, the initial financing comes to more than US$700 million. The financing is aimed at helping the company bolster its core platforms — gene delivery, immunology, […]
The Principles for Responsible Investment has released a framework for investors to help focus on aligning their activities with the UN’s sustainable development goals. “Issues such as human rights abuses, climate change and inequitable social structures seriously threaten the longterm performance of economies, investors’ portfolios and the world in which beneficiaries live,” the report said. […]
The Ontario Teachers’ Pension Plan is appointing Karen Frank as senior managing director of equities. Based in the pension fund’s London office, she’ll take on the new role in fall of 2020. “Equities is an integral part of Ontario Teachers’ asset mix, contributing significantly to our ability to deliver on the pension promise to our members,” said Ziad Hindo, […]
While 87 per cent of Canadian employees who started working remotely for the first time during the coronavirus pandemic believe it will have a long-term impact on the way they work, just 22 per cent said their employer has confirmed working arrangements will be more flexible permanently, according to a new survey by technology solutions […]
The Ontario Pension Board has released a statement addressing the role it plays in standing against anti-Black and anti-Indigenous racism. “I know some of you may be wondering why we didn’t share a message of support sooner,” read the letter from Mark Fuller, the OPB’s president and chief executive officer. “While statements of support matter, […]
Benefits plan members are increasingly using digital devices and mobile apps to improve their health, according to the 2020 Sanofi Canada health-care survey. More than half (53 per cent) of plan members said they used at least one device or app in the past year to help them achieve a personal health or fitness goal, a […]
Saskatchewan refinery workers have ratified a tentative agreement with Federated Co-operatives Ltd., bringing an end to a half-year labour dispute over the company’s defined benefit pension plan. The new seven-year collective agreement for Unifor Local 594 members, who voted 89 per cent in favour, will maintain the DB pension plan and the employer-matched employee savings plan […]