The union president for the Canadian Border Services Agency employees is “relieved” after reaching a new tentative agreement that includes retirement benefits and new paid leave programs. Under the four-year agreement, which dates back to 2018, the Treasury Board has committed to working toward the introduction of early retirement benefits for the border employees, along […]
Employees choosing to retire or quit could rise in the second half of 2021 alongside the coronavirus pandemic receding, according to a report by the Royal Bank of Canada. The number of retirements in Canada fell about 20 per cent last year compared with the 12 months that ended February 2020, says Andrew Agopsowicz, a […]
A record return over the first full year of the pandemic has put the manager of Canada’s largest retirement fund years ahead of schedule to meet a long-term goal of having half a trillion dollars in assets by 2028. The Canada Pension Plan Investment Board reported that its funds earned 20.4 per cent net of […]
Workers in Ontario will soon be able access three paid sick days to help them self-isolate during the coronavirus pandemic, but critics said the policy announced April 28 falls far short of what’s required to curb the spread of the coronavirus. Ontario Premier Doug Ford’s government had for months resisted intense pressure from health experts and advocates […]
Alberta recently joined a growing list of provinces and territories that are amending legislation to introduce paid time off for workers who wish to get the coronavirus vaccine. The legislation, which took effect on April 21, ensures all employees in Alberta are now eligible for up to three hours of paid time off to get […]
Alberta will begin offering coronavirus vaccines to thousands of meat-packing employees across the province starting this week, but a union leader says some workers are reluctant to receive a shot from the government or an employer they don’t trust. The provincial government says starting Tuesday, vaccines will be offered to more than 15,000 workers at 136 […]
The Canadian Federation of Pensioners is calling for amendments to federal insolvency laws to protect members of defined benefit pensions if the employer is insolvent. The federation, which represents 23 retiree groups with a total of about 300,000 members, renewed its call for legislative changes after the federal budget failed to mention the issue on […]
In advance of the federal government’s 2021 budget, released on Monday, the Ontario government struck down a motion by the New Democratic Party seeking to create a provincial paid sick leave program. Advocates have long called on the province to bring in paid sick leave, saying it would help support essential workers during the coronavirus […]
Women remain underrepresented in boardrooms of Canadian companies listed on the Toronto Stock Exchange despite the introduction of disclosure requirements intended to boost their numbers, according to a report by the Conference Board of Canada. The report said while there’s some progress in the proportion of women on corporate boards, the pace of change remains slow. “More needs […]
The Alberta Investment Management Corp. is appointing the former head of the Canada Mortgage and Housing Corp. as its next chief executive officer. The investment manager said Evan Siddall (pictured) will officially start the job on July 1. He’ll succeed Kevin Uebelein, who has been CEO of the AIMCo since Jan. 1, 2015. Uebelein remains the CEO until June 30 and […]