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March 24, 2021

CANADA TOPS IN HEALTH MANAGEMENT

Canada is the top performing investment migration country in terms of health management and risk readiness, says the ‘Investment Migration Programs Health Risk Assessment’ from Deep Knowledge Analytics and Henley & Partners. Investment migration programs to attract foreign capital and talent have been used to manage the global health and economic crisis triggered by COVID-19. The assessment shows New Zealand in second position, with Australia narrowly behind in third place. Four European countries are in the top 10, with Switzerland in fourth place, Austria in fifth place, Italy in ninth place, and the UK occupying the 10th spot. Dmitry Kaminskiy, co-founder of Deep Knowledge Group, says the “health as the new wealth” paradigm has gained significant prominence among the global investment community. “The notion that health, rather than wealth, is the most valuable asset class, will see the ascendance of regions that promote both individual and institutional migration and relocation on the basis of prioritizing well-being, rather than capital.”

March 24, 2021

CANADA HELPS DISABLED IN WORKPLACE

To help improve workplace accessibility and access to jobs, the government of Canada has introduced the National Workplace Accessibility Stream under the Opportunities Fund for Persons with Disabilities. The Canadian Council on Rehabilitation and Work (CCRW) and its accommodation and inclusion management (AIM) program will use the funds to help employers build healthy and productive workplaces. The CCRW provides Canadian employers funding and expert advice to set up workplace accommodations like adaptive technologies, ergonomic equipment for home offices, and individual needs assessments for employees. Online training and an evidence-based support framework will help employers successfully implement accommodations in their operations. It will also produce 150 workplace accommodation profiles to maintain existing jobs and help create new job opportunities for persons with disabilities by reducing barriers in the workplace.

March 24, 2021

INTEGRIS OFFERS DC SOLUTION

INTEGRIS Pension Management Corp. is offering a multi-employer defined contribution pension plan solution to corporate clients through its partnership with Link Investment Management Inc. The offering is a low-cost, low-touch, technology-forward administration solution for corporations that want to offer workplace retirement solutions for valued employees – without the significant compliance and monitoring overhead that often accompanies single-employer group retirement plans. Anchored in proprietary software and exchange traded fund low-cost investment models, through LINK it will deliver the value of established group savings plans at a lower cost in a user-friendly digital interface.

March 24, 2021

INFLATION FEARS OVERPLAYED

Heightened fears about inflation are overplayed and could negatively impact investors’ portfolios, says Nigel Green, chief executive and founder of deVere Group. The warning came as the U.S. Federal Reserve upgraded its growth forecast to 6.5 per cent from 4.2 per cent previously for 2021. “As the world increasingly looks towards a post-pandemic global economic rebound, inflation fears have been heightened in recent weeks. These concerns are now likely to be exacerbated as the Fed, the central bank responsible for the world’s largest economy, has dramatically upgraded its outlook. This can be expected to further fuel rhetoric about inflation,” he says. While inflation climbs, higher interest rates and lower stock prices could result. ‘However, longer-term inflation fears, due to pent-up demand are premature and are being overplayed,” he says.

March 24, 2021

EMPLOYEES EARN POINT FOR VACCINE

Manulife’s ‘Vitality’ program for its group benefit and individual insurance customers will award  400 points to those who receive their COVID-19 vaccination. Available this spring, program members will have the option to share proof of their COVID-19 vaccination in exchange for the points. These help program members achieve new status levels and unlock different rewards within the program. The program engages Canadians in unique ways to get healthier and earn points. From choosing simple activities like eating well and exercising, the more engaged users are, the more points they can earn and the greater the rewards.

March 24, 2021

IMPERIAL OIL ASKED FOR CORPORATE TARGET

Bâtirente, with support from Æquo Shareholder Engagement Services, has submitted a shareholder proposal to the Imperial Oil Limited, asking it to adopt a corporate target that would enable it to achieve net-zero greenhouse gas (GHG) emissions by 2050. The proposal is part of Bâtirente efforts aimed at encouraging oil companies to reduce their GHG emissions and diversify their activiti