In a meeting in Saint Andrews, N.B., on Friday, provincial and territorial premiers met to discuss ways to improve health care for Canadians, including the implementation of a national pharmacare program. Linda Silas, president of the Canadian Federation of Nurses Unions, was also in the meeting and said she is encouraged that there is support […]
Ontario’s New Democratic leader unveiled parts of her platform at a campaign event on Saturday, saying the party will offer universal pharmacare and dental care for all Ontarians if elected. The party’s five policy points — which also include lowering wait times for health-care services, raising taxes on corporations and the wealthiest Ontarians and converting […]
Canadian public equities led the way as the Canada Pension Plan Investment Board saw a 12 per cent return in its latest fiscal year. On Thursday, the CPPIB announced the fund saw an increase of $37.8 billion at the end of its fiscal year on March 31, 2017, with net assets of $316.7 billion compared to […]
The Manitoba government has approved a deferral of pension payments to help the sale of the troubled Tolko Industries pulp and paper mill in The Pas. The province passed a statutory regulation to provide temporary relief through a potential three-year exemption from amortized pension solvency requirements concerning the existing Tolko employee pension plans in Manitoba. […]
An accounting difference involving the Ontario Public Service Employees Union Pension Plan and the Ontario Teachers’ Pension Plan has the government at odds with the province’s auditor. In its annual report and consolidated financial statements, which were released on Monday, the Ontario government stated the deficit for 2015-16 was $3.5 billion. Under auditor general Bonnie Lysyk’s interpretation, […]
The Bank of Canada’s governor says today’s era of stubbornly low interest rates means it’s time to revisit retirement planning and temper business investment expectations. In prepared remarks of a speech Tuesday in Quebec City, Stephen Poloz laid out recommendations on how to adapt to low interest rates that he expects will linger for a […]
As negotiations continue between Canada Post and the Canadian Union of Postal Workers, the strike action that was to start from midnight on Sunday has been put on hold for 24 hours. “We’ve amended our notice in a last-ditch effort to reach a negotiated agreement before we are forced to start working to rule,” said […]
An NDP private member’s bill that proposes raising the retirement benefit payments made to the families of deceased Canadian Forces and Royal Canadian Mounted Police veterans would cost Ottawa more than $6 billion, according to an analysis by the Office of the Parliamentary Budget Officer. The changes proposed by Bill C-261 would result in an […]