A federal public sector union representing more than 27,000 members is asking the Public Sector Pension Investment Board to divest any holdings in Tesla Inc. from its $264.9 billion portfolio. In a public statement, the Canadian Association of Professional Employees is calling on PSP Investments and “all pension funds in Canada” to ditch the electric […]
An article on how incoming health-care legislation could impact plan sponsors’ virtual care offerings 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. How national health-care legislation could impact benefits plan sponsors’ virtual care offerings 2. Labatt attracting, […]
The union representing roughly 500 employees at General Dynamics Land Systems Canada in London, Ont. has ratified a new three-year contract that includes pension and benefits gains. The agreement provides increased employer contributions to the defined benefit pension plan, including an additional $1 for production employees and an additional $1.20 for skilled trades workers in […]
An article on an Ontario court’s decision that an employer’s return-to-workplace request amounted to constructive dismissal 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. Ontario court rules employer’s return-to-workplace request amounts to constructive dismissal 2. Nestle, Unifor […]
The union representing workers at Nestle’s London, Ont. ice cream production facility ratified a new three-year agreement that includes pension and benefits gains. The agreement includes an additional $100 for vision care that can be used for eye exams, as well as $1,500 per year in paramedical coverage that can be used in any combination. […]
Quebec’s approach to legislation impacting remote workers’ rights holds lessons for the rest of Canada, says Geneviève Beaudin, a Montreal-based partner in Lavery de Billy LLP’s labour and employment law group. “There have been five cases in Quebec that focus on the meaning of ‘establishment’ [in a remote working arrangement] which is central to labour […]
The union representing roughly 435 employees at Ivaco Rolling Mills in eastern Ontario has ratified two five-year collective agreements that include pension and benefits gains. The agreements include pension improvements to the defined contribution pension plan, with pension contributions beginning earlier upon completion of probation and employer matches of up to four per cent for […]
The National Police Federation, which represents 20,000 Royal Canadian Mounted Police officers, has launched a class action claiming the federal government has wrongfully prevented part-time officers from buying back into their pension plan. In a press release, Brian Sauvé, president and chief executive officer at the NPF, said virtually the entire class of part-time officers […]
The federal government’s recent decision to transfer a $1.9 billion surplus from the Public Service Pension Plan to its general revenue is within its purview, says Mitch Frazer, a pension lawyer and managing partner at Mintz, Levin, Cohn, Ferris, Glovsky and Popeo. “[This situation is] slightly different because this plan is made by a statute and, […]
The union representing 1,750 employees at Extendicare’s long-term care facilities across Ontario has ratified multiple three-year collective agreements that include benefits gains. The agreements include increasing vision coverage from $350 to $400 every 24 months, as well as increasing parental leave to a maximum of 78 weeks from 52 weeks. In terms of sick leave, […]
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