Schneider Electric is rolling out a new family leave policy, aiming to cover all global employees by January 2019. The global family leave policy will be deployed gradually, with employees in more than 40 countries, including China, India, Mexico and the United States, covered by January 2018, and 100 per cent of the energy management and automation […]
Six of Canada’s largest pension funds have been ranked among the world’s most responsible institutional investors. The ranking, by the Bretton Woods II program at U.S. think tank New America, was developed in partnership with the Global Development Incubator and the Fletcher School of Law and Diplomacy at Tufts University. It analyzed 125 pension and sovereign […]
As the emergence of the gig economy continues to change the face of the traditional Canadian workplace, employment laws and public policy are struggling to catch up, according to a new report by Deloitte Canada and the Human Resources Professionals Association. In fact, most contingent workers — a term the report uses to describe contract […]
Changes are coming for employment insurance and leave allocations for some Canadian employees later this fall. The leave changes, which received royal assent in June, affect the part of the Canada Labour Code that includes employees in the banking, telecommunications and transportation industries, as well as Crown corporations and some workers on First Nations reserves. The changes to employment insurance […]
The Caisse de dépôt et placement du Québec and the Ontario Teachers’ Pension Plan are selling their stake in a Bermuda-based company focused on consolidation in the non-life insurance and reinsurance sector. On Wednesday, Ontario Teachers’ announced the sale of their stake in Catalina Holdings Ltd. to Apollo Global Asset Management. The deal will leave Apollo, […]
Dustyn Lanz will succeed Deb Abbey as chief executive officer of the Responsible Investment Association, effective Jan. 1, 2018. Lanz has worked with the Responsible Investment Association since 2013, most recently as chief operating officer. Other roles with the association include director of communications and member affairs and associate of research and communications. He has […]
The Caisse de dépôt et placement du Québec will now be factoring climate change into every investment decision it makes, setting out targets and actions to reduce its carbon footprint and seize profitable investment opportunities. The components of the strategy are three-fold, according to the pension fund. First, it will consider the fight against climate […]
One year since the federal government unveiled its target-benefit bill, the issue is still attracting divisive opinions from the industry. On one hand, there’s continued opposition from Canada’s labour unions, while many others in the industry believe the bill is heading in the right direction. Unifor, which has taken credit for forcing the government “to […]
Caisse de dépôt et placement du Québec is investing in Montreal-based Lightspeed POS Inc., a point-of-sale and e-commerce software solution for independent retailers and restaurateurs. “Two years ago, when we first invested in Lightspeed, the company was already considered a Canadian leader in its field,” said Christian Dubé, executive vice-president for Quebec at the Caisse, […]
The Ontario Superintendent of Financial Services has selected Morneau Shepell Ltd. to take over the administration of Sears Canada Inc.’s pension plan. Following the announcement earlier this month that the company will seek a liquidation order from the Ontario Superior Court of Justice, the superintendent has determined a plan windup is inevitable, according to a […]