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Tuesday 13 August 2024
Benefits Canada Daily Newsletters
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Top Stories
Are AI's energy demands impacting the appeal of data centres to institutional investors?
Are AI's energy demands impacting the appeal of data centres to institutional investors?
Data centres — already notorious for being an electricity-intensive asset — are projected to more than double their current energy consumption in the U.S. by 2030, according to a report by Goldman Sachs, which noted data centre power demand is expected to have a compound annual growth rate of 15%.
Canadian pension plans facing unexpected taxes in EU countries: PIAC
Canadian pension plans facing unexpected taxes in EU countries: PIAC
“Canadian pension plans are seeing discriminatory and distortive taxation, resulting in penalties from broad applications of the ‘free movement of capital provision’ in the Treaty on the Functioning of the European Union by the two countries,” said the PIAC in an open letter.
Only a quarter of Canadian employees say their employer offers summer perks: survey
Only a quarter of Canadian employees say their employer offers summer perks: survey
The most common summer benefits include flexible summer hours (48%), reduced work hours (39%), casual dress days (34%), work-from-anywhere policies and more team-bonding events (22%), according to a new survey by ADP Canada.
 
From the Archives
Demand for data centres rising as institutional investors seek to diversify real estate portfolios: expert
Demand for data centres rising as institutional investors seek to diversify real estate portfolios: expert
The cost to establish a modern data centre capable of producing 100 megawatts could reach $850 million or higher due to inflation pressures and limited available land and power, according to a report by Hazelview Investments.
 
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In Case You Missed It
Alberta court certifies class action alleging Uber workers are employees
Alberta court certifies class action alleging Uber workers are employees
Two law firms say the ride-hailing giant has misclassified the employment status of Alberta drivers and delivery people, noting the misclassification has deprived workers of protections and benefits under employment standards legislation like minimum wage, overtime, vacation and holiday pay.
Survey finds future U.S. employees value health benefits, work-life balance
Survey finds future U.S. employees value health benefits, work-life balance
The next generation of U.S. workers say health benefits (72%), paid time off (63%) and flexible schedules (61%) are the most valuable forms of compensation that an employer can offer, according to a new survey by the National Society of High School Scholars.
 
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