Home The Canadian Press, with files from staff

The Canadian Press, with files from staff

A record return over the first full year of the pandemic has put the manager of Canada’s largest retirement fund years ahead of schedule to meet a long-term goal of having half a trillion dollars in assets by 2028. The Canada Pension Plan Investment Board reported that its funds earned 20.4 per cent net of […]

  • May 21, 2021 May 21, 2021
  • 15:00

Workers in Ontario will soon be able access three paid sick days to help them self-isolate during the coronavirus pandemic, but critics said the policy announced April 28 falls far short of what’s required to curb the spread of the coronavirus. Ontario Premier Doug Ford’s government had for months resisted intense pressure from health experts and advocates […]

  • April 29, 2021 April 29, 2021
  • 09:42

Alberta recently joined a growing list of provinces and territories that are amending legislation to introduce paid time off for workers who wish to get the coronavirus vaccine. The legislation, which took effect on April 21, ensures all employees in Alberta are now eligible for up to three hours of paid time off to get […]

  • April 27, 2021 April 27, 2021
  • 09:00

Alberta will begin offering coronavirus vaccines to thousands of meat-packing employees across the province starting this week, but a union leader says some workers are reluctant to receive a shot from the government or an employer they don’t trust. The provincial government says starting Tuesday, vaccines will be offered to more than 15,000 workers at 136 […]

  • April 27, 2021 April 28, 2021
  • 09:00

The Canadian Federation of Pensioners is calling for amendments to federal insolvency laws to protect members of defined benefit pensions if the employer is insolvent. The federation, which represents 23 retiree groups with a total of about 300,000 members, renewed its call for legislative changes after the federal budget failed to mention the issue on […]

  • April 21, 2021 April 21, 2021
  • 15:00

In advance of the federal government’s 2021 budget, released on Monday, the Ontario government struck down a motion by the New Democratic Party seeking to create a provincial paid sick leave program. Advocates have long called on the province to bring in paid sick leave, saying it would help support essential workers during the coronavirus […]

  • April 20, 2021 April 26, 2021
  • 09:00

Women remain underrepresented in boardrooms of Canadian companies listed on the Toronto Stock Exchange despite the introduction of disclosure requirements intended to boost their numbers, according to a report by the Conference Board of Canada. The report said while there’s some progress in the proportion of women on corporate boards, the pace of change remains slow. “More needs […]

  • April 19, 2021 April 19, 2021
  • 15:00

The Alberta Investment Management Corp. is appointing the former head of the Canada Mortgage and Housing Corp. as its next chief executive officer. The investment manager said Evan Siddall (pictured) will officially start the job on July 1. He’ll succeed Kevin Uebelein, who has been CEO of the AIMCo since Jan. 1, 2015. Uebelein remains the CEO until June 30 and […]

  • April 16, 2021 April 16, 2021
  • 09:00

In recognition of its employees’ efforts during the ongoing coronavirus pandemic, Volkswagen and Germany’s largest industrial union have agreed on a 23-month wage deal that provides a €1,000-euro bonus (approximately $1,501.37 in Canadian dollars), as well as a 2.3 per cent wage increase that will take effect in January 2022. The deal covers 120,000 workers at […]

  • April 15, 2021 April 19, 2021
  • 15:01

Sobeys Inc. is reinstating a lockdown bonus for employees in areas with renewed stay-at-home orders, said a statement by the grocery retailer, which also noted the pay bump is “the right thing to do.” “When regions and cities enter government-mandated lockdowns that close all non-essential retail, we continue to live up to our commitments and […]

  • April 13, 2021 April 13, 2021
  • 15:00