Benefits and Pensions Monitor

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Advocates in downtown Toronto are celebrating the Canada Disability Benefit's introduction but pushing for improvements, citing its $200 monthly maximum as insufficient for Ontario's disabled residents and the broader Canadian community. Brad Evoy, Executive Director of the Disability Justice Network of Ontario, emphasized the need for substantial societal change beyond current benefits. Ron Anicich from the Ontario Disability Support Program (ODSP) Action Coalition criticized the benefit's funding and accessibility challenges, urging more meaningful investment for disabled Canadians in poverty. Read more: https://hubs.ly/Q02Ftjjh0 #disabilitybenefits

Rising financial costs, reduced social supports, and intensified parenting demands deter young Canadians from starting families, says University of Saskatchewan's Professor Karen Lawson. https://hubs.la/Q02FtFKP0 #FamilyPlanning #HousingCrisis #FinancialChallenges

Canadian office vacancies saw a slight increase in Q2 2024, reaching a national rate of 18.5%. CBRE data indicates potential stabilization in major downtown markets like Toronto, Ottawa, and Montreal. https://hubs.ly/Q02Ftyb40 #RealEstate #OfficeVacancies

Aaron Pittman, head of institutional investments at Equiton, is spearheading the firm's transition to cater to diverse pools of capital. Discover how this strategic shift is shaping the company's future. https://hubs.la/Q02Fr73T0 #InvestmentStrategy #Equiton #RealEstate #InstitutionalInvestment

With the rising costs of modern benefit plans, Alicia Henderson of NFP emphasized the importance of understanding cost drivers, organizational philosophy, and implementing innovative solutions like flexible accounts and cost-sharing arrangements. https://hubs.la/Q02Ft8_B0 #benefitsplanning #plansponsors #benefitspackage

Benefits and Pensions Monitor will recognize the best service providers in the inaugural Top Benefit Providers https://hubs.la/Q02Fr3VR0

Canada's per capita output challenges gained attention in May, with BOC's Carolyn Rogers flagging "emergency" levels. TD Bank's May report estimated that generative AI could add up to 8% to Canada’s GDP over the next decade if widely adopted. https://hubs.la/Q02FnFZr0 #financenews

Canada Life, drawing on 175 years of experience, navigates the challenges and rewards of change adeptly. Embracing diversity, they've introduced initiatives such as gender affirmation coverage and family-building benefits, filling critical gaps in traditional services. https://hubs.la/Q02FnVMR0 #DiversityandInclusion #GenderAffirmation #FamilyBuilding #FinancialServices

A study by CARP for Sun Life reveals one-third find it challenging, with 75% feeling their cost of living hinders savings. Eric Monteiro from Sun Life stresses planning’s crucial role, noting it shapes retirement readiness. https://hubs.la/Q02FnQXw0 #financialplanning #retirement