The New Democratic Party tabled a motion on March 22 that would immediately turn Revera Inc. — a company that runs more than 500 seniors’ homes in Canada, the U.S. and the U.K. — from a for-profit chain wholly owned by the Public Sector Pension Investment Board into a publicly managed entity. The motion calls on the […]
Imperial Oil Ltd. is recommending investors attending its annual meeting in May vote against a shareholder resolution that it adopt a corporate-wide target to achieve net-zero carbon emissions by 2050. The motion, made by Aequo Shareholder Engagement Services on behalf of Quebec group retirement system Bâtirente, argues that Imperial’s current 2023 emissions-reduction target is a step in […]
It’s a question occupying the minds of millions of employees who’ve worked from home for just over a year now: will they still be allowed to work remotely, at least some days, once the coronavirus pandemic has faded? On March 17, one of America’s corporate titans, Ford Motor Co., supplied its own answer: it told […]
Canadian working mothers are reporting increased mental-health concerns one year into the coronavirus pandemic, according to a new survey by The Prosperity Project and CIBC. The survey found more than half of working mothers felt stressed, while 47 per cent felt anxious and 43 per cent felt depressed. Working mothers worried about their children’s safety […]
The end of the coronavirus pandemic won’t mean the end of people struggling with mental-issues due to the prolonged public-health crisis, according to the Canadian Mental Health Association. The poll found only 35 per cent of Ontarians consider their mental health to be “very good” or “excellent,” compared to 52 per cent in the first round of polling in May […]
Bridgestone Corp. is offering US$100 payments to its approximately 33,000 employees in the U.S. to get vaccinated against the coronavirus, joining a group of large companies offering incentives to encourage staff to get the vaccine. Just as people around the world face down entering the second year of the coronavirus pandemic, the tire company said it’s […]
Uber Technologies Inc. is asking provincial governments across Canada for regulatory changes that would force the tech giant and other app-based companies to offer gig workers benefits and safety protections. The San Francisco-based company said Wednesday it wants the provinces to require app-based gig employers to accrue benefits funds for workers and provide safety tools […]
The Caisse de dépôt et placement du Québec and DP World have signed a US$1.2-billion deal to start the construction of an international container port and industrial logistics park in Indonesia. Under the agreement with Indonesia’s Maspion Group, the Caisse and DP World said DP World Maspion East Java will become the sole operator of […]
Jagmeet Singh is promising a federal New Democratic Party government would provide more support for small businesses struggling during the coronavirus pandemic, including paying bonuses to companies that hire new employees or bring back those who have been laid off. Singh unveiled the promises during a campaign-style event in British Columbia earlier this week, less […]
The Canada Pension Plan Investment Board is appointing John Graham (pictured) as its new chief executive officer, following the resignation of Mark Machin. Graham was previously the global head of credit investments at the CPPIB, preceded by roles in both the total portfolio management group and in private investments. Prior to joining the CPPIB, he […]