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Copyright_ruhmal_123RF

About 900 employees at Rio Tinto Group’s aluminum smelting facilities in Kitimat, B.C. are on strike after Unifor Local 2301 and the company failed to reach an agreement on July 25. The union continued negotiations with Rio Tinto until the strike deadline at midnight, according to a press release. Unifor is seeking changes to workers’ […]

  • By: Staff
  • July 27, 2021 July 26, 2021
  • 09:00
Copyright_Maurizio De Mattei_123RF

The newly minted University Pension Plan is tackling environmental, social and governance issues head on by partnering with the 30% Club, Canadian Coalition for Good Governance and Shareholder Association for Research and Education. Read: University Pension Plan launches multi-employer DB pension plan Joining the 30% Club will help the UPP make greater representation of women on […]

The University Pension Plan is launching its jointly sponsored pension plan, providing management services to the Queen’s University, the University of Guelph and the University of Toronto. The plan, which was established on Jan. 1, 2020, officially launched on July 1, 2021. The UPP is a new jointly sponsored pension plan designed to enhance the long-term sustainability […]

  • By: Staff
  • July 2, 2021 July 2, 2021
  • 09:00
Copyright_Olga Yastremska_123RF

While a recent dispute between the Canadian National Railway Co. and the surviving same-sex partner of a deceased plan member will likely inspire other plan sponsors to ensure pension benefits are correctly distributed, the amount of new claimants coming forward will likely be relatively small, says Jill Wagman, managing principal at Eckler Ltd. “It may […]

Copyright_Olga Yastremska _123RF

Nova Scotia is allowing residents to apply directly to their financial institution to access their retirement savings when facing financial challenges. Under amendments to provincial pension legislation effective July 1, a person may be approved to access part of a locked-in retirement account or life income fund if they expect less than $41,067 in income […]

  • By: Staff
  • June 15, 2021 June 16, 2021
  • 09:00

The union representing workers at U.S. Steel Canada Inc. is cautiously optimistic a proposed acquisition of the company by a U.S.-based holding company will lead to a “good final deal” for retirees at the struggling steelmaker. “We have been in discussions for quite some time with the province and various potential buyers about a restructuring […]

  • By: Staff
  • September 22, 2016 May 5, 2021
  • 09:25