More than half (60 per cent) of employees said their employer is communicating a return-to-workplace strategy, according to a new survey by Maru Public Opinion for ADP Canada Co. Of the working Canadians who said they’ve received a plan, more than half (53 per cent) are already back in the office. An additional 29 per […]
Air Canada is requiring all employees to be fully vaccinated against the coronavirus and to report their vaccination status by Oct. 30. While the company will accommodate employees who have valid exceptions, such as medical conditions, that prevent them from being vaccinated, failure to be fully vaccinated by Oct. 30 will have consequences — including unpaid leave or […]
A fifth (21 per cent) of Canadians who are nearing retirement with more than $100,000 in investable assets said they expect to outlast their savings by 10 years, compared to 16 per cent in 2010, according to a retirement readiness survey by the Royal Bank of Canada. Indeed, the coronavirus pandemic has caused some Canadians […]
Bâtirente is introducing a new strategy that seeks to optimize its fixed income, global equity and environmentally responsible investment allocations. The Montreal-based pension’s new fund optimization plan specifically addresses the organization’s main priorities. By implementing the new plan, it will seek to improve its funds’ diversity in fixed income and global equities and focus on […]
The British Columbia Investment Management Corp. is once again voting against nine proposals supported by the board of China Gas Holdings Ltd., including the re-election of five corporate directors. During its recent annual general meeting, the Hong Kong-based energy company’s management team had requested that investors vote in favour of the re-election of board members […]
Just over half (56 per cent) of Canadian senior managers said they’ll expect their teams to be onsite full time once restrictions related to the coronavirus pandemic completely lift, according to a new survey by Robert Half Canada Inc. While a complete return to in-office work is the preference of survey respondents, almost a third […]
As part of the federal Conservative Party’s platform for the coming election, Leader Erin O’Toole is proposing a plan to secure pensions for Canadian workers. “Canadian workers who have paid into a pension plan on every paycheque should be able to rely on it being there when they retire,” he said in a press release. […]
The Ontario Teachers’ Pension Plan returned 3.8 per cent in the first half of 2021, a significant improvement on its negative 0.4 per cent return in the first half of 2020. According to its mid-year report, the Ontario Teachers’ net assets grew to $227.7, up $8.6 billion from the beginning of the year. This is […]
The Canada Pension Plan Investment Board is buying $450 million shares in an American drainage system provider. Following the investment, the pension fund controls about 4.6 per cent of the Ohio-based Advanced Drainage Systems Inc.’s total equity. ADS, which provides water management solutions to the industrial and agricultural sectors, operates a network of 60 manufacturing […]
Canadian employers said they expect salaries to increase from just over two per cent in 2021 to about three per cent in 2022, according to a new survey from Willis Towers Watson. The survey of employers around the globe found salary increases in 2022 are projected to be higher than in 2021 among the respondents, […]