labour markets – Benefits Canada.com

Employers gaining upper hand when negotiating pay, benefits with unions: expert

Sadie Janes — Mon, 19 Aug 2024 13:00:14 +0000

Over the past year, union negotiations have ramped up and wage settlements have reached new heights, mainly due to the fact that negotiations were set back by the coronavirus pandemic and the inflation that followed, says Douglas Porter, chief economist and managing director at BMO Financial Group. “Like night follows day, labour unrest and strike […]

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Expert panel: How institutional investors are adapting to a post-pandemic global economy

bmcgovern — Tue, 23 Apr 2024 13:00:12 +0000

Renowned American businessman and investor Charlie Munger once said, “You have to keep learning if you want to become a great investor. When the world changes you must change.” The world has changed and institutional investors will need to have a plan and be ready to face new challenges. The 30 years prior to the […]

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2023 Risk Management Conference: How labour market pressures are affecting inflation rates

bmcgovern — Wed, 18 Oct 2023 11:56:15 +0000

A tight labour market will have to loosen up in order to help reduce inflation rates, said Ilan Kolet, institutional portfolio manager at Fidelity Investments, during the Canadian Investment Review’s 2023 Risk Management Conference. In 2022, inflation severely impacted the dynamic between stocks and bonds leading to a painful year, he said. “[Inflation] increases the correlation between […]

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Survey finds 34% of employees in Canada willing to switch jobs in the next year

lbailey — Tue, 17 Oct 2023 13:00:16 +0000

A third (34 per cent) of employees say they’re willing to change jobs in the next 12 months, according to a new survey by EY. The survey, which polled 1,000 employees and 50 employers in Canada, found employer respondents said attracting (36 per cent) and retaining (32 per cent) talent are their top priorities. As well, a majority […]

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Head to head: In a challenging labour market, are employees staying with their employers or moving on?

Jennifer Paterson — Fri, 12 May 2023 12:59:50 +0000

As Canadians deal with an uncertain labour market, a public relations professional, who sought out a new job, and a marketing professional, who stayed with her employer, reflect on whether it’s better to stick it out at your current job or find a new one. Aaliyah Corbin, account coordinator at Media Profile A lot of […]

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Maintaining benefits during inflation key to providing stability for employees, says expert

Sadie Janes — Thu, 09 Mar 2023 14:00:21 +0000

It’s important for employers to maintain workplace benefits during a challenging economic environment in order to provide stability for employees, says Avinash Maniram, group and health-care consultant at PBI Actuarial Consultants Ltd. “During challenging economic times, employees and their families are already facing a lot of uncertainty with [the] rising costs of bills and everything […]

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2022 DBIF coverage: A look at the economic forecast for 2023

Sadie Janes — Mon, 19 Dec 2022 13:00:44 +0000

BMO Financial Group expects North American economies will go through a shallow recession in 2023, according to Douglas Porter, the bank’s chief economist and managing director, during a session at the Canadian Investment Review‘s 2022 Defined Benefit Investment Forum. “I would give it a 25 per cent chance that central banks can still negotiate this without one. […]

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Canadian employees’ engagement in line with global average of 21%: survey

Sadie Janes — Mon, 20 Jun 2022 13:00:15 +0000

While Canada’s rate of employee engagement is in line with the global average of 21 per cent, it remains lower than the U.S. (35 per cent), according to a new survey by Gallup Inc. Among Canadian employee respondents, 63 per cent were likely to describe themselves as thriving compared to a global average of 33 […]

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2021 IIC coverage: Is inflation here to stay?

Gideon Scanlon — Tue, 21 Dec 2021 12:53:15 +0000

“Inflation is here and it has a meaningful impact on portfolios and financial assets,” said Ilan Kolet, an institutional portfolio manager at Fidelity Investments Inc., during a session at the Canadian Investment Review‘s 2021 Investment Innovation Conference. “I don’t think this will be a shock to anyone in the room or online.” Highlighting the most […]

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