Sun Life report: Canadian mental-health practitioner claims up nearly 3.5-fold since 2019
Key points
- Mental-health practitioner claims rose nearly 3.5-fold since 2019
- Share of employees claiming rose nearly 2.5-fold; claims more than tripled among employees aged 30 and under
- Since 2022, average CAP savings balances grew over 30% across nearly every industry
Sun Life Financial Canada has released a new report based on data from more than 20,000 employer groups for 2019 to 2025. It found mental-health practitioner claims rose nearly 3.5-fold since 2019, and the share of employees claiming rose nearly 2.5-fold. Claims more than tripled among employees aged 30 and under. Since 2022, average Capital Accumulation Plan (CAP) savings balances have grown over 30% in nearly every industry; in 2025, the average retirement age for plan members was 63.7.
Original report: Benefits Canada.com ↗Edited with AI assistance. Facts are based on official sources and original reports. For information only; not legal, immigration or insurance advice.