A majority of Canadian employees want minimal commuting and flexible work arrangements post-coronavirus pandemic, according to a new survey by Angus Reid on behalf of IWG. Two-thirds (68 per cent) of respondents said they want their commute to be no longer than 30 minutes each way, with 31 per cent preferring a commute of no […]
While solvency funding relief helped Canada’s pension funds withstand the turbulence of 2020, a long-term vision with an eye to a more robust funding framework would offer better support, according to pensions experts. Responding to the crisis, the federal government launched a consultation last fall on measures to alleviate pension solvency funding requirements for defined […]
The union representing General Motors of Canada Co. employees in Ontario has ratified a new agreement for workers at a plant in Ingersoll that removes changes to a legacy defined benefit plan as part of ongoing pension discussions. The deal, based on the recent three-year agreement with GM for workers in Oshawa, St. Catharines and Woodstock, […]