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Providing free pads and tampons in federally regulated workplaces could cost employers more than $1 million annually to become a reality, Canada’s labour minister was told earlier this year. The March briefing note to Filomena Tassi estimated the annual employer costs would likely be $1.17 million to provide free tampons and pads, based on an annual, […]

  • July 28, 2021 July 28, 2021
  • 15:00

Empower Retirement, the U.S. subsidiary of Great-West Lifeco Inc., is purchasing Prudential Financial Inc.’s full-service retirement business for $4.45 billion in a bid to deepen its presence in the U.S. market. The deal made by the Winnipeg-based company includes about $2.6 billion of capital to support the business and will reinforce its position in the […]

  • July 22, 2021 July 22, 2021
  • 09:00

Unvaccinated workers returning to the office could be required to continue wearing masks, steer clear of common areas and face a staggered workday or may even be asked to stay home, say experts. As workplaces begin to reopen, employers are grappling with how to keep all workers safe — including those who are unvaccinated. It’s […]

  • July 9, 2021 July 8, 2021
  • 09:00

Canada’s bankruptcy laws should be changed to avoid future financial hardship for members of other underfunded pension plans, said a court-appointed representative for Sears Canada retirees. Kenneth Eady, a former Sears Canada management employee who now represents 17,000 other pensioners, told MPs on Tuesday that he doesn’t believe it’s fair that Canada’s two bankruptcy laws give banks more protection […]

  • June 10, 2021 June 10, 2021
  • 09:30

An economist says the recent decision by Air Canada executives to voluntarily give back their bonuses is an incredibly rare case of an about-face on compensation from a company. David Macdonald, a senior economist with the Canadian Centre for Policy Alternatives, says it’s unusual for public outcry to be successful in nudging C-Suite employees to return their […]

  • June 8, 2021 June 8, 2021
  • 15:00

Canadian employees are in no rush to head back to the office even as the third wave of the coronavirus pandemic in this country continues to decline, a new survey by Leger and the Association for Canadian Studies suggests. Read: 81% of investment industry employees want hybrid work model post-pandemic: survey The Leger survey queried 1,647 Canadians […]

  • June 2, 2021 June 2, 2021
  • 15:00

The head of the country’s largest private sector union says Parliament should raise the federal minimum wage to $15 per hour and possibly put future increases into the hands of an independent commission. Unifor president Jerry Dias says an independent commission could be comprised of key stakeholders to research the effects of minimum wage policy […]

  • May 14, 2021 May 14, 2021
  • 15:00

Employees affected by the coronavirus in British Columbia will qualify for up to three days of paid sick leave under proposed legislation that Premier John Horgan expects will plug holes in a federal plan and lay the groundwork for a permanent program. Horgan says the program will bridge the gap for workers between the time they first feel […]

  • May 12, 2021 May 12, 2021
  • 09:00

The majority (86 per cent) of Imperial Oil Ltd. investors voted to defeat a shareholder resolution that the organization adopt a target to achieve net-zero carbon emissions by 2050. However, the vote held during the Calgary-based company’s virtual annual meeting exposes a rift between its parent U.S. giant Exxon Mobil Corp. — which owns 69.6 […]

  • May 5, 2021 May 6, 2021
  • 15:00

Prime Minister Justin Trudeau says Ottawa is in talks with Ontario as the province looks to provide paid sick days to employees, but stressed that such leave should be delivered directly through employers. The prime minister says Ontario should work through provincially-regulated businesses to implement a sick-leave program, as his government did with federally regulated […]

  • April 27, 2021 April 27, 2021
  • 15:00