The Saskatchewan government is amending its provincial employment act to add eight additional weeks of parental leave. The additional weeks of leave will be available to employees entitled to the province’s new shared parental employment insurance benefit. In a press release, the government said the extra weeks will give employees job protection while they access the […]
The Caisse de dépôt et placement du Québec and the Public Sector Pension Investment Board are among several institutional investors committing $427 million in the final closing of Portag3 Ventures II, which is focused on early stage investments in the global financial technology sector. For Portage3, areas of focus for fintech companies include digital wealth […]
The Caisse de dépôt et placement du Québec and the Public Sector Pension Investment Board are among several institutional investors committing $427 million in the final closing of Portag3 Ventures II, a fund focused on early stage investments in the global financial technology sector. This is Portage3 Ventures’ second fintech fund, which to date has […]
More than nine in 10 (92 per cent) human resources professionals want their company to create strong internal cultures, according to a new survey by the Next Concept Human Resource Association and Waggl Inc., a technology platform for real-time feedback. The survey also found 81 per cent of respondents said they believe that if their […]
While it’s generally known Canadian pension plans have a home country bias when it comes to fixed income, a new study by FTSE Russell suggests there’s an equity home bias as well. The report looked at the ratio of domestic and global equity for pension funds in Australia, Canada, Japan, the U.K. and the U.S. […]
The United Food and Commercial Workers Canada Local 1518 is waiting for a decision from the Labour Relations Board of British Columbia on its application to classify drivers using the Uber Technologies Inc. and Lyft Inc. apps as employees. Currently, drivers in other Canadian jurisdictions are classified as independent contractors, which means they aren’t covered by the province’s Employment […]
Institutional investors have been rushing into the arms of alternative, less liquid, investments over the past two decades. But how major players approach these investments varies considerably, according to a paper by Kristy Jansen a PhD student at Tilburg University, and Patrick Tuijp, a research affiliate at the University of Amsterdam. In examining a survey of nine […]
Shoppers Drug Mart is partnering with SilverCloud Health Ltd. to make the digital mental-health solutions company’s online cognitive behavioural therapy program available to Canadian plan sponsors. SilverCloud’s digital CBT offering includes behavioural-health coaching support for depression and anxiety from trained social workers, as well as self-help programs on stress management and resiliency. “As the exclusive Canadian partner […]
Just 66 per cent of Canadian employees are taking the full amount of vacation time they’re owed, according to a new survey by research firm Maru/Blue. The survey, which polled 1,000 Canadians and 500 Americans, found 50 per cent of Canadians have experienced a rising workplace trend called “vacation shaming,” a situation where co-workers or bosses […]
The Women’s Executive Network, or WXN, has announced Canada’s most powerful women top 100 award winners and Patrice Walsh-Watson of the Canada Pension Plan Investment Board is on the list. The awards honour women who advocate for diversity in the workplace and inspire the next generation of leaders. “I’m truly honoured to be joining this […]