European Union – Benefits Canada.com

2024 Risk Management Conference: U.S. facing funding questions from retiring population

bmcgovern — Mon, 21 Oct 2024 11:59:47 +0000

Anti-market sentiment in the U.S. is gaining momentum with both Democrats and Republicans, according to David Frum, a writer at The Atlantic, during the keynote session at the Canadian Investment Review’s 2024 Risk Management Conference. The latest election cycle is showing voters are interested in how an economic idea is presented and by the type […]

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

bwolfe — Fri, 16 Aug 2024 13:00:52 +0000

An article on why Canadian workers say job flexibility is key to satisfaction was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. 70% of Canadian workers say flexibility key to job satisfaction: survey 2. Only a quarter of Canadian employees […]

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Canadian pension plans facing unexpected taxes in EU countries: PIAC

bmcgovern — Tue, 13 Aug 2024 13:00:26 +0000

Canadian pension plans are facing unforeseen taxation of dividends in European Union countries like Germany and the Netherlands, said the Pension Investment Association of Canada. In an open letter, the PIAC said its members have endured a discriminatory dividend taxation relative to settled European tax law and the free movement of capital within the EU […]

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EU implementing new pay transparency rules to help close gender wage gap

lbailey — Fri, 05 Mar 2021 05:00:43 +0000

Ahead of International Women’s Day next week, the European Union Commission announced it’s imposing new rules to make pay levels public in order to make it easier for women to challenge wage imbalances and close the gender pay gap. “For equal pay, you need transparency. Women must know whether their employers treat them fairly,” says […]

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Federal spending could be catalyst for industrials

mschmit — Fri, 23 Oct 2020 03:12:57 +0000

The potential size and scope of future federal spending bills to bolster the economy, especially an infrastructure measure, would have important implications for the industrials sector. After passing the Tax Cuts and Jobs Act, President Donald Trump issued an infrastructure agenda that never resulted in legislation. Should he win re-election, Trump could push for a […]

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World’s largest asset manager shifts focus to climate change

mschmit — Tue, 14 Jan 2020 06:27:58 +0000

BlackRock, the world’s largest asset manager, will make climate change central to its investment decisions. Founder and chief executive officer Laurence Fink, who oversees the management of about $7 trillion in funds, said in his influential annual letter to CEOs Tuesday that he believes we are “on the edge of a fundamental reshaping of finance” […]

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Eurozone forecast for long period of weak economic growth

mschmit — Thu, 07 Nov 2019 04:58:17 +0000

The European Union’s executive branch has cut its growth forecasts for the 19-country eurozone for this year and next and warned that conditions could worsen in the face of an array of uncertainties. The European Commission said Thursday that the single currency bloc is expected to grow 1.1 per cent this year, down 0.1 percentage […]

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Johnson’s win elevates ‘no deal’ Brexit risks to U.K. economy

mschmit — Tue, 23 Jul 2019 06:09:11 +0000

With Boris Johnson confirmed as the next leader of the Conservative Party and British prime minister, the outlook for the British economy has become murkier — and potentially more perilous. Johnson’s comprehensive victory over Jeremy Hunt has made it more likely that Britain could leave the European Union on Halloween without a withdrawal agreement, a […]

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Brexit and beyond: Where to from here?

mschmit — Wed, 12 Dec 2018 04:06:47 +0000

The writing was on the wall that if British Prime Minister Theresa May brought her Brexit proposal to a vote on Tuesday, Dec. 11, 2018, it likely wouldn’t have received the support needed to pass. So she decided to postpone it. Yesterday, she returned to European leaders in hopes of renegotiating the deal — but […]

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