The Conference Board of Canada forecasts Quebec’s real economic growth will be 1.6% per year between fiscal years 2009-2010 and 2030-2031. This tepid performance is due to weak demographic growth, which is anticipated to be only 0.7% annually for the next 20 years. Provincial revenue growth is expected to average just 4% per year over […]
The Alberta Federation of Labour (AFL) is calling the Alberta government out on its stance against an enhanced Canada Pension Plan (CPP). In a report released on November 16 by the AFL, It IS broke…so fix it!, the labour organization makes it clear that it believes the provincial government is not acting in the best […]
Pension reform has been on the government agenda for over a year and real action so far has been sluggish. But, if you add up all the minor changes and combine that with the items that have been tabled, pending regulation, there is a lot of material to sort through. This morning (November 16) Fasken […]
Fasken Martineau recently hosted a seminar outlining incremental changes to federal and provincial pension standards. Yesterday we covered what’s happening in Ontario, today we break down the federal actions. Bill C-9: The Jobs and Economic Growth Act This act applies to all federally regulated pension funds. It increased the defined benefit surplus threshold from 10% […]
The Top 40 money managers have been named and the numbers have been analyzed, but despite positive returns, nobody is celebrating just yet. “This is the year that was supposed to be the recovery, and yet it doesn’t feel like that,” Bill Chinery, managing director with BlackRock, tells Caroline Cakebread, the author of this […]
More than three quarters of Canadians in British Columbia and the Prairies support increasing Canada Pension Plan benefits, according to a new national survey commissioned by the Canadian Union of Public Employees (CUPE) and the Public Service Alliance of Canada. Also, 80% of people in B.C. and the Prairies support increasing federal payments to […]
As the new editorial lead for this publication, I want to thank you for being advocates of workplace health. It’s an important subject that doesn’t always get the time or resources it deserves. That said, many more companies are finally making the link between employee health and organizational health, which can only help how we […]
Aon Hewitt has released it annual Best Employers In Canada study today. While the list contains many of the same names that have graced it in years past, many of them have had some upward movement in their ranking, and almost 20 new employers have gained a spot. OMERS, an organization that makes a regular […]
For most baby boomers in Canada, having a mortgage-free retirement isn’t in their future, although three quarters say that it is important to own their home by this time, according to a new report released by TD Canada Trust. Those in British Columbia are the least likely to own their home and be mortgage-free when […]
Starting November 1, the Benefits Canada daily e-newsletter will be hitting your inbox later in the day. The new afternoon newsletter will capitalize on the day’s most important news from BenefitsCanada.com, in addition to leading stories from the previous day. This is the second phase of an initiative to serve you better. The first was […]