Digital mental-health platform Snapclarity is appointing Karen Adams as its chief commercial and health innovation officer. Previously, Adams was president of Cira Health Solutions and executive vice-president of marketing and business development at Morneau Shepell Ltd. “Karen brings deep expertise in mental health and wellness and an understanding of how to scale a rapidly growing company that’s […]
While the amount of alternative assets in institutional portfolios is holding relatively steady, the type of investments making up allocations to alternatives are shifting. Current allocations to alternatives rose just one per cent to 25 per cent since 2018, according to the latest research from EY. While hedge funds remain the largest contributor to the […]
The Toronto Transit Commission has settled a 2016 lawsuit against its insurer for the alleged failure to detect a benefits fraud scheme involving orthotics store Healthy Fit Inc. To date, 10 people — nine former TTC employees and Healthy Fit owner Adam Smith — have been convicted in relation to the scheme. More than 250 TTC employees resigned or […]
In 2019, more women are working in private capital and hedge funds than there were two years prior. However, a significant gender imbalance remains at mid-level and senior positions within the alternatives industry, according to a Preqin study. Women currently represent 19.7 per cent of the alternatives workforce compared to 18.8 per cent in 2017, […]
SSQ Life Insurance Co. Inc. is partnering with Haleo and MindBeacon Software Inc. to offer digital cognitive behavioural therapy to group insurance plan members. Both companies offer online CBT, with Haleo’s tool focusing on sleep disorders and MindBeacon’s option directed at mild to moderate anxiety and depression symptoms. The partnerships are part of a broader digital health strategy, according to the insurer, which is aiming to […]
Many Canadians are interested in learning more about how to manage their money as they make the transition to retirement, according to a new survey by Mackenzie Investments. About half (47 per cent) of baby boomers said they want to know more about how to make the transition to retirement. This age group is slightly more […]
Medication-related issues are negatively affecting employees’ health, causing them to take extended leaves from their jobs and leading to high benefits and disability costs for employers, according to a new white paper by HumanisRx. These issues include incompatible or duplicate drugs, higher than recommended doses, suboptimal therapy and failure to take medications as prescribed. “Our research finds […]
Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, is acquiring a strategic equity stake in German real estate vehicle, Golden Capital. Focusing on manage-to-core office investments, Golden’s portfolio consists of 39 properties in major German cities. The vehicle is run by asset manager, Lianeo Real Estate. “This investment […]
Ontario has proposed amendments to provincial drug regulations that aim to change the pricing model for generic drugs and simplify the process for the province’s drug formulary to list biosimilars. Ontario’s Ministry of Health and Long-Term Care said the changes are aimed at reducing the “administrative burden” for drug manufacturers and pharmacies. With regards to […]
Half (50 per cent) of employees said they considered their employer’s reputation for charitable and community work before accepting their position, according to a new survey by Imagine Canada. Its annual corporate community investment report, which surveyed more than 1,500 private sector employees, found 28 per cent of employee respondents would be willing to take […]