Workplaces represented by the Ontario Public Service Employees Union are among the latest employers to join the OPSEU Pension Trust’s defined benefit plan, OPTrust Select. “This isn’t just a victory for the new members of OPTrust Select, it’s a victory for nearly a million workers across Ontario who don’t yet have the security of a […]
With the coronavirus pandemic continuing to rock the global economy, private equity exits have largely come to a halt since mid-March, according to a report from McKinsey & Co. “The results of the pandemic have been startling,” it noted. “With a couple of exceptions—such as structured transactions and deals signed before the crisis—traditional PE exits […]
The federal government is extending the Canada Emergency Response Benefit for an additional eight weeks to support Canadians who haven’t been able to find employment as provinces start to reopen their economies. “The reality is that even as we start to reopen, a lot of people still need this support to pay their bills while they look for […]
The results of a new study highlight the value of tailoring drug treatment to an individual’s genetic makeup. The pharmacogenetics clinical trial study by Green Shield Canada and the health benefits management division of HBM+ followed more than 200 outpatients who had been diagnosed with major mental-health conditions, including depression and anxiety. Participants were randomly […]
Slack Technologies Inc. is offering its employees the option to work from home permanently, along with extending its coronavirus-related office closures past Sept. 1. In a blog post, Robby Kwok, senior vice-president of people, said the company plans to hire workers who are permanently remote. It’s also looking to revamp the design of its offices for the eventual return to […]
The Investor Leadership Network is appointing Charles Emond, president and chief executive officer of the Caisse de dépôt et placement du Québec, and Jean Raby, CEO of Natixis Investment Managers, as co-chairs of its CEO council. Raby and Emond are succeeding the founding co-chairs of the council, Ron Mock, former CEO of the Ontario Teachers’ […]
The Investor Leadership Network is appointing Charles Emond, president and chief executive officer of the Caisse de dépôt et placement du Québec, and Jean Raby, CEO of Natixis Investment Managers, as co-chairs of its CEO council. Raby and Emond are succeeding the founding co-chairs of the council, Ron Mock, former CEO of the Ontario Teachers’ Pension Plan, and Michael Sabia, […]
As the Canada Life Assurance Co. prepares a phased approach for returning to the office, the insurer is thanking its more than 11,000 employees with two paid days on July 2 and 3 for an extra long Canada Day weekend. “Three months ago, we asked our employees to be flexible, adaptable, creative and resilient in […]
Optima Global Health is partnering with MindBeacon to offer its online cognitive behavioural therapy service to plan sponsors. “Mental health is more important than ever for our customers in today’s uncertain world,” said François Laflamme, president of Optima Global Health, a Quebec-based employee assistance program provider, in a press release. Read: MindBeacon launches digital mental-health […]
The market value of assets in Canadian employer-sponsored pension plans rose to $2.09 trillion in the fourth quarter of 2019, up 2.3 per cent from the previous quarter, according to new data from Statistics Canada. All investment categories saw growth, led by real estate (4.9 per cent) and public equities (4.5 per cent), with mortgages […]