The collective bargaining environment in recent years has been heavily influenced by employers’ desires to constrain labour costs, improve productivity and better manage their financial risks.
The 2008 economic crisis and its lasting aftermath have significantly influenced the dynamics of collective bargaining in both the public and private sectors in Canada. As a result, employers are taking a hard look at the long-term sustainability of their DB pension plans and searching for alternatives to the status quo.
The 2008 economic crisis and its lasting aftermath have significantly influenced the dynamics of collective bargaining in both the public and private sectors in Canada. As a result, employers are taking a hard look at the long-term sustainability of their DB pension plans and searching for alternatives to the status quo.