European Union – Benefits Canada.com

EU implementing new pay transparency rules to help close gender wage gap

lbailey — Fri, 05 Mar 2021 05:00:43 +0000

Ahead of International Women’s Day next week, the European Union Commission announced it’s imposing new rules to make pay levels public in order to make it easier for women to challenge wage imbalances and close the gender pay gap. “For equal pay, you need transparency. Women must know whether their employers treat them fairly,” says […]

The post EU implementing new pay transparency rules to help close gender wage gap appeared first on Benefits Canada.com.

Federal spending could be catalyst for industrials

mschmit — Fri, 23 Oct 2020 03:12:57 +0000

The potential size and scope of future federal spending bills to bolster the economy, especially an infrastructure measure, would have important implications for the industrials sector. After passing the Tax Cuts and Jobs Act, President Donald Trump issued an infrastructure agenda that never resulted in legislation. Should he win re-election, Trump could push for a […]

The post Federal spending could be catalyst for industrials appeared first on Benefits Canada.com.

World’s largest asset manager shifts focus to climate change

mschmit — Tue, 14 Jan 2020 06:27:58 +0000

BlackRock, the world’s largest asset manager, will make climate change central to its investment decisions. Founder and chief executive officer Laurence Fink, who oversees the management of about $7 trillion in funds, said in his influential annual letter to CEOs Tuesday that he believes we are “on the edge of a fundamental reshaping of finance” […]

The post World’s largest asset manager shifts focus to climate change appeared first on Benefits Canada.com.

Eurozone forecast for long period of weak economic growth

mschmit — Thu, 07 Nov 2019 04:58:17 +0000

The European Union’s executive branch has cut its growth forecasts for the 19-country eurozone for this year and next and warned that conditions could worsen in the face of an array of uncertainties. The European Commission said Thursday that the single currency bloc is expected to grow 1.1 per cent this year, down 0.1 percentage […]

The post Eurozone forecast for long period of weak economic growth appeared first on Benefits Canada.com.

Johnson’s win elevates ‘no deal’ Brexit risks to U.K. economy

mschmit — Tue, 23 Jul 2019 06:09:11 +0000

With Boris Johnson confirmed as the next leader of the Conservative Party and British prime minister, the outlook for the British economy has become murkier — and potentially more perilous. Johnson’s comprehensive victory over Jeremy Hunt has made it more likely that Britain could leave the European Union on Halloween without a withdrawal agreement, a […]

The post Johnson’s win elevates ‘no deal’ Brexit risks to U.K. economy appeared first on Benefits Canada.com.

Brexit and beyond: Where to from here?

mschmit — Wed, 12 Dec 2018 04:06:47 +0000

The writing was on the wall that if British Prime Minister Theresa May brought her Brexit proposal to a vote on Tuesday, Dec. 11, 2018, it likely wouldn’t have received the support needed to pass. So she decided to postpone it. Yesterday, she returned to European leaders in hopes of renegotiating the deal — but […]

The post Brexit and beyond: Where to from here? appeared first on Benefits Canada.com.