Constant innovation may serve the Toronto Transit Commission (TTC) well, but consistency has helped the TTC Pension Fund Society through recent market challenges. Ranked No. 47 in Benefits Canada’s Top 100 Pension Fund Report, the society “firmly stuck to its knitting” during the downturn, a strategy that helped it rebound from 15.5% losses in 2008 […]
The Northern borders of Alberta and British Columbia are familiar territory for the workers who man the oil industry’s far-flung work sites. They regularly head to camps in Tommy Lake and Fort McMurray, Alberta and to Fort Nelson, British Columbia. Lately, however, more workers have been making their way to Tees in central Alberta—not for […]
The Air Canada employees heard about the shakeup in late March. The airline’s longtime CEO, Montie Brewer, had stepped down as bankruptcy rumours loomed and a new executive team promised an era of tighter purse strings. The industry had taken several hits in the last decade, struggling post 9-11 and through SARS, but at least […]
Businesses that could be most affected by a widespread swine flu outbreak—like airlines or movie theatres—won’t find much recourse from commercial insurance policies. If the outbreak turns into a full-scale pandemic, the best-protected organizations will be those with strong business continuity plans and policies, according to Gisele Norris, Aon’s national director, healthcare. Although a major […]
The Stats Canadian workers stressed out A recent survey by global recruitment firm Kelly Services reveals that Canadian workers are the second-most stressed-out group in the world—just behind Japanese employees. Workers around the world experience job stress differently: 19% said their job was adversely affecting their health 13% were losing sleep over their jobs 33% […]
Counting sheep? Try dollars—Insomnia costs employers billions Can’t sleep? Here’s another thing to toss and turn over: Canadian workers troubled by insomnia are losing more than a good night’s rest—they’re costing Quebec’s employers billions, new research reveals. Of all of the costs associated with insomnia, employers are paying the most—in lost productivity and insomnia-related absences, […]
Canada’s financial industry overseer is an effective regulator but could respond faster to market changes, according to a survey of financial services executives. Although the vast majority of respondents—91% of executives from banks, trust companies and insurers —say the Office of the Superintendent of Financial Institutions (OSFI) is an effective monitor, approval dips when it […]
© Copyright 2006 Rogers Publishing Ltd. The following article first appeared in the October 2005 edition of BENEFITS CANADA magazine. First steps The Chaoulli v. Quebec ripple effect could mean the offloading of healthcare costs onto the shoulders of Alberta employers. By Terri Goveia Iris Evans’ quest for healthcare reform ideas took her on […]