The Canadian Press

Finance Minister Chrystia Freeland says today’s fall economic statement will remove the cap that currently restricts Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity. Freeland says this will make it easier for Canadian pension funds, which have more than $3 trillion in assets, to make […]

  • December 13, 2024 December 16, 2024
  • 14:30

Molson Coors Beverage Co. says it’s dropping its diversity, equity and inclusion policies and taking a “broader view” in which all employees know they’re welcome, but groups representing the LGBTQ2S+ community say the move is a step backward. An internal memo shared by the brewing company with the Canadian Press said Molson Coors’ DEI employee training is […]

  • September 9, 2024 September 9, 2024
  • 15:00

The Nova Scotia government has tabled a bill that would significantly increase the amount of unpaid time off for employees who develop a serious illness or are severely hurt on the job. Labour Minister Jill Balser told reporters if the bill becomes law, workers will get up to 27 unpaid weeks off without fear they’ll […]

  • September 6, 2024 September 6, 2024
  • 15:00

The Ontario Municipal Employees’ Retirement System earned a net investment return of 4.4 per cent for the first six months of this year, helped by the performance of its investments in public equities and strong contributions from its holdings in private credit and infrastructure. The fund had a good start to the year, reflecting the […]

  • August 19, 2024 August 19, 2024
  • 09:00

The Ontario Teachers’ Pension Plan earned a net return of 4.2 per cent for the first six months of this year. The result came as the pension fund earned net investment income of $10.8 billion for the period. The Ontario Teachers’ had $255.8 billion in total net assets at June 30. Read: Ontario Teachers’ returns 1.9% for 2023 The results for […]

  • August 15, 2024 August 14, 2024
  • 09:00

A pair of law firms say an Alberta court has certified a class action alleging Uber Technologies Inc. has so much control over drivers and couriers in the province that it constitutes employment. McKenzie Lake Lawyers LLP and Duboff Edwards Schachter Law Corp. say the ride-hailing giant has misclassified the employment status of Alberta drivers […]

  • August 9, 2024 August 9, 2024
  • 14:00

The Competition Bureau is speeding up the development of guidance on the interpretation of new provisions in the Competition Act aimed at greenwashing. The federal watchdog said it has received a large number of requests and that it will develop guidance “on an accelerated basis.” Read: Head to Head: Is it time to change the terminology […]

  • July 9, 2024 July 4, 2024
  • 15:00

The federal government’s pharmacare bill is headed to the Senate after passing third reading in the House of Commons. The bill was the result of careful and lengthy negotiations between the Liberals and the New Democratic Party as a key element of their political pact to prevent an early election. Read: Liberals table bill paving way […]

  • June 4, 2024 June 4, 2024
  • 15:00

Ontario will do away with sick note requirements for short absences as part of a larger effort to ease the administrative burden on doctors. The province will soon introduce legislation that, if passed, will no longer allow employers to require a sick note from a doctor for the provincially protected three days of sick leave […]

  • April 24, 2024 April 25, 2024
  • 15:00

A group of institutional investors is voicing concerns about the rise of virtual-only shareholder meetings they say risk eroding shareholder democracy. In an open letter released Thursday, the coalition of 38 investors led by the B.C. General Employees’ Union called on S&P/TSX 60 companies to publicly disclose how they’ll ensure shareholders’ statutory and common law […]

  • April 19, 2024 April 19, 2024
  • 11:30