Unifor national president Jerry Dias and 13 other union members were arrested Monday night in Regina after the union blockaded the Federated Co-operatives Ltd. refinery as part of an ongoing conflict over employees’ defined benefit pension plan. The barricades are another escalation in an increasingly tense labour dispute that saw Co-op lock out more than […]
Cadillac Fairview Corp. let the dogs out at four of its downtown Toronto office towers to cheer up its employees on Blue Monday, known as the gloomiest day of the year. The commercial landlord held pop-up puppy parks at Cadillac Fairview Tower, RBC Centre, TD Place and Simcoe Centre, where trained therapy dogs from the […]
The third Monday of January, known as Blue Monday, is considered the saddest day of the year, but some Canadian employers are trying to make it a little happier for their employees. At CAA Club Group, Blue Monday will kick off a week of events dedicated to mental-health awareness. “We have a mixture of fun things, educational things and […]
The union representing Saskatoon Public Library workers has ratified a tentative collective agreement that involves improved leave provisions and wage increases. The Canadian Union of Public Employees Local 2669 has been in bargaining with the union since the last contract expired on Dec. 31, 2016. The new contract, covering 270 library workers at nine branches, will expire […]
The days of monetary policy as the most effective tool for stimulating the economy are over, as central banks around the world are increasingly limited in the measures they can implement, according to AllianceBernstein’s chief global economist. “The ability for central banks to do more is constrained, particularly in . . . Europe and Japan,” […]
The days of monetary policy as the most effective tool for stimulating the economy are over, as central banks around the world are increasingly limited in the measures they can implement, according to AllianceBernstein’s chief global economist. “The ability for central banks to do more is constrained, particularly in . . . Europe and Japan,” where banks have set incredibly […]
Strong competition to attract and retain talent will drive employers to adopt holistic employee wellness strategies in 2020, according to the Workforce Institute at Kronos Inc.’s global workforce predictions for the year. “We have these war for talent issues going on everywhere,” says Joyce Maroney, executive director at the Workforce Institute. “One of the ways […]
Major Canadian insurers are no longer resetting the long-term disability pre-existing condition clause for women whose benefits coverage lapsed during their maternity leave when they return to work. Women covered by these insurers — which include the Co-operators Group Ltd., Desjardins Insurance, Empire Life Insurance Co., iA Financial Group, Manulife Financial Corp., RBC Insurance and Sun Life — […]
Quebec employers can expect to face significant increases to their drug pooling premiums in 2020. The Quebec Drug Insurance Pooling Corp., which sets the annual pooling parameters for private drug plans in the province, has increased the cost that plan sponsors with Quebec employees must pay per plan member. Plan sponsors pay different rates for members with and […]
Following similar moves in jurisdictions across Canada, British Columbia’s proposed changes to its defined benefit pension solvency funding requirements will take effect on Dec. 31. Under the changes, DB plan sponsors in the province will be permitted to fund to a solvency ratio of 85 per cent instead of the previous requirement of 100 per cent. […]