As the world and Canada enters year two of the coronavirus pandemic, it’s continuing to have an uneven impact on Canadians’ finances, according to a new poll by the Angus Reid Institute. The poll found 34 per cent of Canadians were worse off now than they were 12 months ago, with 45 per cent of […]
Canada Goose Inc. is the latest employer to provide employees with paid leave to receive a coronavirus vaccine. The clothing manufacturer, which is headquartered in Toronto with offices and factories across North America and stores around the world, is offering all its staff up to four hours paid leave to get vaccinated, as well as the […]
According to a new global work trend report by Microsoft Corp., the shift to remote working brought on by the coronavirus pandemic may just have been the precursor to an even greater shift to another workplace disruptor — the hybrid-work model. Employees the world over are embracing the evolution of the modern workplace to the […]
The Ontario Teachers’ Pension Plan is appointing Tim Deacon (pictured) to succeed David McGraw as the plan’s new chief financial officer, effective April 19. He joins the Ontario Teachers’ after serving as group controller and global chief accounting officer at Manulife Financial Corp. Prior to that, Deacon was CFO of Manulife’s global wealth and asset management businesses […]
Men and women are unevenly participating in equity compensation plans among private employers, according to new research conducted in the U.S. by Morgan Stanley. The investment bank and financial service company found only 41 per cent of women participated in these plans, compared to 52 per cent of men. And of those individuals who were […]
In its 2021 budget on Wednesday, the Ontario government said it’s requiring pension plan administrators to calculate and report their plan’s claim exposure to the pension benefits guarantee fund, to support the protection of benefits into the future. A review of the fund, discussed in the province’s 2020 budget, found there was a need for […]
Manulife is rewarding its group benefit and individual insurance members of its Vitality health and wellness program who receive the coronavirus vaccine with points. The Manulife Vitality program encourages Canadians to get healthier and awards vitality points, which members can use to achieve new status levels and unlock different rewards, noted a press release. And […]
The Caisse de dépôt et placement du Québec is part of an investment group acquiring New Look Vision Group Inc., a provider of eye-care products and services across North America. According to a press release, New Look Vision is valued at $800 million, and the Caisse, along with FFL Partners, LLC and the Dr. H. […]
Desjardins Global Asset Management Inc. recently launched a low-carbon exchange-traded fund. The Desjardins RI Emerging Markets Low CO2 Index ETF started to trade on the Toronto Stock Exchange on March 12 with the goal of reducing the weighted average carbon intensity of its portfolio compared to more traditional equity indices. Read: Biden presidency accelerating shift toward sustainable […]
As Saskatchewan’s provincial government rolls out phase two of its vaccine delivery plan, the province is also amending its occupational health and safety regulations to allow employees to receive paid time off from work to get vaccinated for the coronavirus. According to a press release, the amendment to The Occupational Health and Safety Regulations, 2020 establishes that […]