BE Responsive Newsletter

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Yellow bankruptcy will have little impact on Canadian workers’ pensions: union

Yellow bankruptcy will have little impact on Canadian workers’ pensions: union
According to a spokesperson at Teamsters Canada, Yellow’s Canadian employees are enrolled in one of four DB pension plans — all of which are fully or almost fully funded — that were negotiated by local unions across the country.

Editorial: Speaking up on DEI must go beyond policies and programs

Editorial: Speaking up on DEI must go beyond policies and programs
FROM THE MAGAZINE: Employers — and the partners that work with them — need to be collecting a lot of data to move the needle on DEI in the workplace.

Ontario Teachers' selling stake in Irish national lottery operator, Caisse repurchasing shares in Couche-Tard

Ontario Teachers' selling stake in Irish national lottery operator, Caisse repurchasing shares in Couche-Tard
The Ontario Teachers' is selling Premier Lotteries Ireland Ltd. to La Française des Jeux, a lottery and online gaming operator for an undisclosed amount, while the Caisse is repurchasing common shares of Couche-Tard for a total consideration of around $700 million.

Sears Canada retirees' group says bankruptcy laws unjust for pensioners

Sears Canada retirees' group says bankruptcy laws unjust for pensioners
FROM THE ARCHIVES: In the Sears Canada bankruptcy process, there wasn’t enough money to fund pension shortfalls after debts to banks and active employees were repaid ahead of other classes of creditors.

Events

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 whether Canada should implement flexible working legislation was the most-read story on BenefitsCanada.com over the last week.

How ‘grandternity’ leave can support employee attraction, retention efforts

How ‘grandternity’ leave can support employee attraction, retention efforts
While paid leave for new grandparents is still a relatively rare employee benefit, it may increase in popularity as Canadians continue to work later in life — a new Statistics Canada report found fewer than half (44.5%) of Canadians aged 60 to 64 said they’ve retired.

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