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How Canadian Tire connects retirement to profits

Canadian Tire Corp. was an early adopter of profit sharing as a way to include all of its employees in the success of the company, but a big feature of the program that sets it apart is its use as a retirement savings account that automatically registers employees. “We do believe we have quite a […]

  • April 15, 2016 September 13, 2019
  • 00:06

Employers urged to prepare for new normal in pension plans

Employers need to prepare for a new normal in their pension plans as the economy continues to lag and people are living longer, Mercer’s Jean-Philippe Provost told attendees at the firm’s annual Retirement Outlook and Fearless Forecast event today in Toronto. Provost pointed to new de-risking opportunities, such as the $530-million combined annuity buy-in transaction […]

  • January 27, 2016 September 13, 2019
  • 16:47