The Canada Pension Plan Investment Board is joining an investment group acquiring Italian telecommunications provider NetCo. The investment organization will acquire a 17.5 per cent stake of the company for up to $2.9 billion. The deal, which also includes Kohlberg Kravis Roberts and Co. (a subsidiary of the Abu Dhabi Investment Authority), Italian infrastructure fund F2i […]
Nearly a third (30 per cent) of Canadian employees say they aren’t working any extra hours before or after taking a one-week vacation, according to a new survey by ADP Canada Co. The survey, which polled more than 850 workers, found this ‘time-off tax’ — the additional hours worked before and after a week of […]
Nearly half (47 per cent) of Canadian employees say a company’s policy on working remotely in a foreign country influences their choice of employer, according to a new survey by travel website Flighthub.com. The survey, which polled more than 2,000 workers, found while millennials were most likely (63 per cent) to agree with this statement, about […]
While the provision of travel insurance has long been a staple in many group benefits plans, it was thrust into the spotlight during the coronavirus pandemic. The benefit helps cover unexpected costs that employees may incur while travelling outside of the country, including emergency travel assistance services and emergency medical costs. In addition, some policies […]