As Canadian employers focus on business growth over the next two years, they’re prioritizing spending on employees, including skills training (47 per cent) and satisfaction and well-being (42 per cent), according to a new global survey on the future of work by HSBC Bank. The report, which surveyed more than 2,500 companies in 14 countries […]
League Inc. is launching a new digital benefits platform in an effort to give plan members one place to access their health, lifestyle and benefits programs. The platform, called HBX, is aiming to reduce the number of systems employers need to use to manage their various employee programs. Integrating with more than 100 insurance carriers, health-care providers […]
As certain major technology firms are struggling, a sub-sector of the industry is on the rise. “Cyber security companies are producing and providing essential services,” says Raj Lala, president and chief executive officer of Evolve ETFs. “They’re not producing a smartphone or a social media application, so they’re very different from the FAANG stocks out […]
The Caisse de dépôt et placement du Québec is leading a $40-million round of financing for Canadian virtual health-care platform Dialogue. Venture capital firm Holtzbrinck Ventures is also a leader in the financing, accompanied by First Ascent Ventures, Portag3 Ventures, White Star Capital, Walter Capital and National Bank of Canada. “This transaction aligns well with our Quebec investment strategy,” […]
The Alberta Investment Management Corp. is partnering with machine learning company AltaML Inc., to build artificial intelligence and machine learning applications for the investment management space. This joint venture will leverage the AIMCo’s expertise in investment management and AltaML’s technological and development capabilities. The partners are working on use cases, or mini projects, in both […]
The OPSEU Pension Trust is partnering with James Evans & Associates Ltd. to launch an online services portal for its members. The OPTrust selected the Canadian pension software company’s member portal for the experience it will offer plan members and employers, noted a press release. The OPTrust is a minority shareholder in JEA. Read: OPTrust Select welcomes first members […]
The Ontario Teachers’ Pension Plan is launching a venture capital investment platform to support companies using technology to create new sectors or disrupt existing ones. Called the Teachers’ Innovation Platform, it will make late-stage venture capital and growth equity investments. Olivia Steedman, a founding member of the Ontario Teachers’ infrastructure and natural resources group, will head up […]
Twenty-one per cent more Canadian employees cited collaboration and communication as key factors in their employee experience than their global counterparts, according to a new human capital trends report by Deloitte. Further, 17 per cent more survey respondents in Canada said a positive work environment and trust in leadership are integral points in defining employee experience compared […]
LifeScan Inc. is launching a mobile app for benefits plan members living with diabetes. Diabetes, which is a growing health concern for Canadians, ranks second in drug spending by employer-sponsored health plans. The app, which is licensed by Health Canada, works by transmitting blood glucose data from a compatible monitoring system to the app using Bluetooth. […]
Though I don’t consider myself particularly tech-savvy, I use my smartphone and laptop in every avenue of my life. I communicate via email, text, social media and FaceTime. I shop online with the click of a mouse. I arrange travel through my smartphone, whether ordering a car or booking and boarding a flight. I use […]