Employee Benefits in Canada

The Canadian social security system covers various programs, many of which are run by the provinces and territories. In general, benefits are similar across all provinces and territories; however, Québec implements its own pension plan.  Federal support to provinces and territories increased from CAD41.91 billion (US$40.55 billion) in 2005–2006 to CAD62.3 billion (US$60.29 billion) in 2013–2014. Private employee benefits are gaining popularity, and many companies offer private benefit plans for employees to supplement the government-sponsored hospital and medical plans.