BC: What are your thoughts on the recent National Pharmaceuticals Strategy report? CM: The strategy they announced was fairly general. We look at it as promising but only a first step to where we would like it to be with specific targets and specific timetables. We are pushing for national standards that would be applied […]
Employers across Canada are increasingly concerned about two critical factors: attraction and retention. The tight labour market is pushing up compensation across the country and employers are devising alternative strategies to keep their people. This year’s round of salary surveys revealed Canadians can expect the best salary increases in five years. For instance, Morneau Sobeco’s […]
To get control of drug plan management and the escalating costs, plan sponsors along with healthcare industry stakeholders need to work together. And the government has to get more involved too. No, it’s not a revolutionary idea, but it’s something that must happen if long-term solutions are going to be developed-and be successful. The desire […]
© Copyright 2006 Rogers Publishing Ltd. The following article first appeared in the July 2006 edition of BENEFITS CANADA magazine. Retirement on-ramp Two years ago, 63% of JB Hunt’s drivers were in neutral when it came to saving for retirement. It took creative thinking and investment advice to get them in gear. By Leigh […]
Last week the Supreme Court of Canada decided against plan members in the Rogers Communications v. Buschau case saying they could not terminate their trust to access a multi-million dollar pension surplus based on the Saunders v. Vautier rule. The common law rule, from an 1841 British court decision, permits a trust to be brought […]
It’s not surprising for Sylvain Carrier to hear that one of his plan members is in Mexico with her spine bent so severely that the back of her knees are touching the top of her head. Or that a member in Amsterdam spends most of his time dancing with fire and knives. Carrier, the director […]
Ask defined contribution(DC)pension plan sponsors about the things that challenge them most—the things that keep them awake at night—and one of the common responses is their fear of litigation. Some industry experts make the argument that the threat of litigation is very real—that it’s just a matter of time before we start seeing class action […]