Canada Goose Inc. is the latest employer to provide employees with paid leave to receive a coronavirus vaccine. The clothing manufacturer, which is headquartered in Toronto with offices and factories across North America and stores around the world, is offering all its staff up to four hours paid leave to get vaccinated, as well as the […]
Despite adjustments to operations and investments during the coronavirus pandemic, Canada’s major pension plan leaders are maintaining a long-term view by looking ahead to a post-pandemic world. But we’re not out of the woods yet as Canada, and the rest of the world, are likely many months away from reaching herd immunity and thus life […]
Torstar Corp. is permanently closing the physical office spaces for the Ontario-based Waterloo Region Record and St. Catharines Standard newspapers and all staff of those news outlets will work remotely on a permanent basis. The decision is a way to “reduce office space leasing costs,” says a spokesperson. The announcement by the publisher of the Toronto Star, and several […]
The federal Liberals are facing calls from some of the hardest-hit businesses in the coronavirus pandemic to extend emergency-relief programs beyond June. The government has targeted June 5 for an end to the federal wage and rent subsidies and this week extended applications for a popular loan program to the same time. The idea is […]
In its 2021 budget on Wednesday, the Ontario government said it’s requiring pension plan administrators to calculate and report their plan’s claim exposure to the pension benefits guarantee fund, to support the protection of benefits into the future. A review of the fund, discussed in the province’s 2020 budget, found there was a need for […]
While the coronavirus pandemic is continuing to shape global markets following a tumultuous 2020, institutional investors are looking beyond the crisis, says Rob Almeida, portfolio manager and global investment strategist at MFS Investment Management Canada Ltd. “It’s no different how we thought about it last year, it’s just that the environment has changed. It’s about […]
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 […]
Arbitrator Dana Randall has ruled that unilaterally-imposed, bi-weekly testing for the novel coronavirus at a Woodstock, Ont., unionized retirement home is reasonable when weighed against the need to prevent the spread of the coronavirus. “The decision tells us that, in this particular environment, mandatory COVID-19 testing is a reasonable exercise of management right given the […]
Young Canadians are increasingly planning their financial futures as the world faces down the second the year of the coronavirus pandemic, according to a new survey by Sun Life Financial Inc. It found that 89 per cent of generation Z (ages 18 to 23) and 80 per cent of millennials (ages 24 to 39) are […]