The Canadian National Railway Co. is amending its pension policy after awarding benefits to a widower who was initially denied because of an outdated rule regarding same-sex couples. On Monday, the Canadian Broadcasting Corp. reported Newfoundland resident Ken Haire was in a years-long battle with CN Rail over access to spouse Gerry Schwarz’s pension benefits. […]
Keisha Campbell is now serving as the Toronto Transit Commission’s first chief diversity and culture officer, a new executive role created to address systemic issues within the organization. She joined the TTC on April 1 after serving as head of diversity and inclusion for the personal banking division at TD Bank, where she led, developed […]
Men and women are unevenly participating in equity compensation plans among private employers, according to new research conducted in the U.S. by Morgan Stanley. The investment bank and financial service company found only 41 per cent of women participated in these plans, compared to 52 per cent of men. And of those individuals who were […]
Nike Inc. has released a series of diversity, equity and inclusion targets it aims to achieve over the next five years and announced it’ll tie executive compensation to meeting them and its broader environmental, social and governance efforts. “Our Purpose 2025 Targets are not just aspirations. They are a call to action — with clear […]
The Healthcare of Ontario Pension Plan is making diversity, equity and inclusion initiatives a top priority, including a commitment to combat anti-Black systemic racism. Elena Palumbo-Sergnese, senior vice-president of human resources at the HOOPP, says the fund’s strategy encompasses four main approaches. These include the embedding of DEI into core processes and success measurements, allowing […]
More than three-quarters (76 per cent) of companies have no diversity or inclusion goals of any nature, according to a new survey by human-resources analyst Josh Bersin. The survey found among more than 800 human resources professionals surveyed, 75 per cent said their companies don’t include diversity, equity and inclusion in their leadership development and […]
While all environmental, social and governance factors are increasingly important to Canada’s institutional investors, it’s the social aspect that’s been a key driver of investment choices. David Ryan, executive vice-president of corporate and financial communications at Edelman Canada, says 74 per cent of Canadian institutional investors surveyed in 2020 prioritized social factors over environmental and […]
TD Bank is broadening its diversity, equity and inclusion goals and connecting employees through anti-racism e-learnings, promoting intersectionality and a storytelling approach. During the month of February, which is Black History Month, many employers in Canada and around the world are furthering their commitments to making their workplaces more equitable and inclusive. On the heels […]
IKEA Canada is signing the BlackNorth Initiative pledge as part of its ongoing diversity, equity and inclusion efforts. The pledge during Black History Month reconfirms the company’s commitment to tackling systemic anti-Black racism and creating opportunities for Black people through accountability and ongoing actions, according to a press release. The retailer is among the latest […]
Forty per cent of Black professionals say the biggest obstacle in their career is not having a clear path or opportunity for advancement at their organization, according to a new LinkedIn Corp. survey. Of the more than 2,000 Black professionals recently surveyed, 44 per cent felt they’ve been overlooked or intentionally passed by for career […]