Global law firm Clyde & Co is rolling out a globally-consistent parental leave offering that will be available to all employees and partners with at least 12 months of service. At its core, the offering includes 26 weeks of fully paid leave, regardless of gender or parental role, and replaces previous maternity and paternity leave […]
The union representing more than 700 employees at Grand River Transit in Waterloo, Ont. has ratified a three-year collective agreement that includes benefits gains. The agreement between Unifor and the transit company includes enhanced paramedical coverage, from $1,000 to $2,000 per employee per year, which covers chiropractors, naturopaths and acupuncturists. It also includes coverage for […]
More than half of generation Z (56 per cent) and millennial employees (65 per cent) say their current benefits package makes them somewhat more likely to remain with their employer, according to a new survey by LIMRA. The survey, which polled more than 4,000 U.S. employees, found 54 per cent of workers said they view their benefits […]
A new, six-year initiative is focusing on building the capacity of employers and workplaces to recruit, hire, onboard, accommodate, train, mentor and promote persons with disabilities. Funded by the federal government’s New Frontiers in Research Fund transformation stream, Inclusive Design for Employment Access is co-led by Emile Tompa, senior scientist at the Institute for Work […]
As Canada’s largest residential real estate investment trusts drive up the country’s rental property prices through evictions and renovations, these moves highlight institutional investors’ human rights obligations, according to a new article by the Shareholder Association for Research and Education. In the article, the SHARE said Canada’s residential REITs capitalize on tenant turnover and suite […]
The Caisse de dépôt et placement du Québec is selling its stake in a Quebec-based automotive aftermarket equipment manufacturer. Last week, Uni-Select Inc., which manufactures paint and refinishing products for the automotive aftermarket sector, held an extraordinary shareholder meeting to vote on a $2.8 billion acquisition offer. The deal came from LKQ Corp., a Chicago-based […]
Nearly all (90 per cent) global employers say they plan to maintain investments in employee well-being and a third (31 per cent) say they’re planning to increase these investments amid the current economic environment, according to a new survey by Fidelity Investments and Business Group on Health. The survey, which polled more than 180 employers, […]
Manitoba and Newfoundland and Labrador have officially ratified an agreement on multi-jurisdictional pension plans, which will come into effect on July 1. In March, the two provinces announced their intention to sign the agreement, which had previously been adopted by every other province except Prince Edward Island. The agreement’s adoption was contingent on an amended […]
The Canadian Investment Review is proud to announce the winners of the third annual Pension Leadership Awards. The winners are: Investment Officer of the Year Award: Duncan Burrill, chief executive officer, CBC Pension Plan Sustainable Investing Award: The University Pension Plan Innovation in DC Investment Award: Carol Craig, director of human resources, Telus Pension Plan Communications Award: […]
The University Pension Plan is appointing Karen Rowe as its chief financial officer. In the new role, she’ll oversee the teams responsible for the UPP’s corporate finance, investment finance and operations functions. Rowe will also collaborate with the UPP’s leadership team and board to provide strategic leadership, advice and counsel on operational processes and business […]