Daily News

(Nov. 5, 2015) The retirement crisis can be seen in details about how much Canadians and Ontarians are saving for retirement. And for half of workers lacking an occupational pension, the news is grim, reports Benefits and Pensions Monitor. According to the latest edition of HOOPP’s Pensions In Perspective, more than...

(Nov. 5, 2015) The maximum pensionable earnings threshold under the Canada Pension Plan (CPP) is going up for 2016, the Canada Revenue Agency (CRA) has revealed. The new limit will be $54,900, up $1,300 from 2015’s limit. “The new ceiling was calculated according to a CPP legislated formula that takes into account the...

(Nov. 5, 2015) At a recent discussion about how employers could attract millennials, Lisa Lafave, senior property manager at Healthcare of Ontario Pension Plan (HOOPP), said good public transit is a key priority for them, writes Joanne Lovering for the Mississauga News. “As investors we will not invest outside of...

(Nov. 3, 2015) Coming just after it opened an office in the Indian city of Mumbai, a top Indian official is saying the Canada Pension Plan Investment Board (CPPIB) is ready to invest $2 billion into affordable housing, a move that “would boost Prime Minister Narendra Modi’s goal of providing cheap housing to millions of...

(Nov. 3, 2015) In the face of ongoing labour strife from Quebec’s public sector workers, the province’s Treasury Board President Martin Coiteux is saying he’s ready to delay implementation of pension changes driving the rotating strikes, reports CBC News. That includes delaying an increase in the retirement age, and...

(Nov. 3, 2015) Hamilton-area MPPs are calling on Prime-Minister-Elect Justin Trudeau to “tear down the veil of secrecy around a controversial 2011 deal between U.S. Steel and the federal government,” Joe Arnold writes for the Hamilton Spectator. The joint letter from MPPs Paul Miller and Dave Levac tells Trudeau that...

(Nov. 2, 2015) The new pension model proposed for America’s military isn’t sitting well with most members of that military, writes Marlene TY. Satter for Benefits Pro. A new report reveals that 70 per “of middle-class military families … who say they are likely to serve to full retirement want to be grandfathered into the...