Canadian employees are seeing significant workplace shifts amid the ongoing coronavirus pandemic, according to a new report by payroll and benefits company Humi. It found employees took 40 per cent less vacation time in 2020 compared to 2019. Meanwhile, the number of sick day requests was “drastically higher” in the months leading up to the […]
The majority (70 per cent) of Canadians said they believe virtual health care represents the future, according to a new survey conducted by Environics Research and sponsored by Dialogue. The survey also found the demand for more convenient virtual-care services is on the rise, with nearly half (46 per cent) of respondents saying the coronavirus pandemic has made […]
The Public Sector Pension Investment Board is part of a group investing $1 billion in Convex Group Ltd., a specialty insurer and reinsurer. In April 2019, Convex launched with $1.7 billion of committed capital. Its initial invested capital was raised from its management team, Onex Partners V, the PSP and a consortium of co-investors. The additional capital has been committed by the original investors, […]
The College of Physicians and Surgeons of Newfoundland and Labrador is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. The college’s 14 employees were contributing to a defined contribution arrangement before joining the plan on Nov. 1. The individual employees have the option to convert their DC accounts […]
Scotiabank is aiming to increase the representation of visible minorities in senior management roles by 30 per cent or more over the next five years, as part of renewed efforts to diversify its employee population. The step is one of several the bank is taking to address diversity and inclusion in its workforce in the wake […]
Green Shield Canada is partnering with Maple to provide its group benefits plan members with free access to the virtual-care provider’s platform for the winter months ahead. “As a leading advocate for evidence-based digital health technologies and the impact they can have on the health-care experience for Canadians, it was an easy decision for GSC to […]
The College of Physicians and Surgeons of Newfoundland and Labrador is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. The college’s 14 employees were contributing to a defined contribution arrangement before joining the plan on Nov. 1. The individual employees have the option to convert their DC accounts […]
The Canadian Investment Review’s Chief Investment Officer of the Year Award will be presented to a CIO that has demonstrated leadership when it comes to pension investing and made improvements to his or her organization’s investment process. This award will take a holistic view of success and consider environmental, social and governance factors when determining […]
The Caisse de dépôt et placement du Québec is investing $150 million in CAE Inc., a Quebec-based company specializing in training and operational support for several industries. The investment is part of a $300-million financing drive and will support the company’s expansion plans, according to a press release. This includes the acquisition of Flight Simulation […]
The Canada Pension Plan Investment Board ended its second quarter of fiscal 2021 with net assets of $456.7 billion, up from $434.4 billion at the end of the previous quarter, according to a new report. The $22.3 billion increase in net assets for the quarter consisted of $21.6 billion in net income after all costs […]