About 900 employees at Rio Tinto Group’s aluminum smelting facilities in Kitimat, B.C. are on strike after Unifor Local 2301 and the company failed to reach an agreement on July 25. The union continued negotiations with Rio Tinto until the strike deadline at midnight, according to a press release. Unifor is seeking changes to workers’ […]
More Canadian employers should consider target-benefit pension plans for their employees these days. The model is gaining steam. In mid-December, 2020, the Quebec legislator signed into law the ability for all employers in Quebec to establish a target-benefit plan. There was overwhelming support from industry stakeholders throughout the legislative process including one of the largest unions […]
The Desjardins Group Pension Plan is set to acquire a portion of EDF Renewables Canada Inc.’s stake in the Cypress Wind Project, pending the completion of its construction and other terms and conditions. Located southeast of Medicine Hat, Alta., the project will total 48 turbines with a combined capacity of 201.6 megawatts. Construction is expected […]
'Select' will target employers that currently don’t have a DB plan.