BE Responsive Newsletter

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Head to head: Will the government’s super-priority bill spell the end of DB pension plans?

Head to head: Will the government’s super-priority bill spell the end of DB pension plans?
FROM THE MAGAZINE: The bill has sown division, with the pension industry concerned about the future of corporate-sponsored DB pension plans and an association representing plan members firmly in its favour.

N.S. Teachers' Pension Plan's funded status dips to 75.1%: annual report

N.S. Teachers' Pension Plan's funded status dips to 75.1%: annual report
The N.S. Teachers' funded status dipped from 82.5% to 75.1% on a going-concern basis and its assets value from $5.856 billion to $5.48 billion in 2022, according to its annual report.

57% of Canadian employees say they don’t get enough vacation time: survey

57% of Canadian employees say they don’t get enough vacation time: survey
Among all respondents, the No. 1 reason for not taking time off was finances (21%), followed by restrictive work schedules and workplace staffing issues (16%) and a busy personal life (15%), according to a new survey by Expedia.ca.

OMERS backing hepatitis C drug, BCI acquiring stake in space technology company

OMERS backing hepatitis C drug, BCI acquiring stake in space technology company
The pharmaceutical arm of the OMERS is acquiring a stake in an anti-viral drug and the BCI is acquiring a minority stake in a space technology company that specializes in manufacturing, tracking and servicing satellites.

Top 5 HR, benefits, pension and investment stories of the week

Top 5 HR, benefits, pension and investment stories of the week
An article on Bill C-228 receiving royal assent was the most-read story on BenefitsCanada.com over the last week.

Public employees' remote work agreement setting stage for future union negotiations: experts

Public employees' remote work agreement setting stage for future union negotiations: experts
The PSAC and Ottawa announced they had reached tentative agreements Monday morning for more than 120,000 workers, with wage gains and a letter of understanding about remote and hybrid work.

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