Quebec – Benefits Canada.com

Twitter among growing list of Canadian employers, governments enacting vaccination policies

bwolfe — Wed, 18 Aug 2021 19:00:19 +0000

Twitter Inc. is among the latest employers enacting a coronavirus vaccination policy for employees. In an emailed statement to Benefits Canada, the social media company said anyone who wishes to return to its North American offices must be vaccinated and show proof. In May 2020, the company announced it would allow employees to continue working […]

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Employers holding on-site coronavirus vaccination clinics in hot spots

bwolfe — Tue, 27 Apr 2021 13:00:16 +0000

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 […]

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A look at pension funding cushions from coast to coast

mschmit — Wed, 07 Oct 2020 06:27:30 +0000

Long before the global pandemic, jurisdictions across Canada were embarking on pension solvency reform, with some moving from strict 100 per cent solvency funding requirements to going-concern plus models, which incorporate a funding cushion. Low interest rates, which make solvency funding very expensive, have been a key driver pushing the going-concern plus model, says Dean […]

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ACPM calls for CAP automatic enrolment and escalation features in Ontario

mschmit — Mon, 20 Jul 2020 05:22:05 +0000

The Association of Canadian Pension Management is calling on the Ontario government to consider amending the Employment Standards Act and the Pension Benefits Act to allow for auto-enrolment and auto-escalation features in capital accumulation plans. Specifically, it would like the government to allow employers to automatically deduct employee contributions from payroll to facilitate these features. […]

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Caisse releases 2019 annual report

mschmit — Wed, 03 Jun 2020 06:07:43 +0000

The Caisse de dépôt et placement du Québec has released its annual report, highlighting the results previously announced on Feb. 20, including a return of 10.4 per cent for 2019 and a growth in net assets of $30.6 billion for the year. “2019 was a good year for investors – markets experienced one of their […]

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Using alternatives to strive for stability at the City of Montreal pension plans

mschmit — Tue, 28 Apr 2020 03:29:24 +0000

Changes to Quebec’s pension legislation, including a move away from solvency funding requirements and the introduction of a cost-sharing model, against the backdrop of a low interest rate environment has had a major influence on the City of Montreal’s pension investment strategy. The City manages six plans under one pooled portfolio. The assets from all […]

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Alberta will study already ‘compelling case’ for its exit from CPP: Kenney

mschmit — Fri, 08 Nov 2019 04:51:55 +0000

Alberta Premier Jason Kenney says there’s a “compelling case” to be made for his province to exit the half-century-old Canada Pension Plan, an idea sure to face increasing scrutiny over the coming months. With growing frustrations in his province about its place in the federation, Kenney has revealed that a deeper analysis is on the […]

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Draft Annuity Purchase Regulations Published

mschmit — Tue, 29 Aug 2017 06:22:15 +0000

New DB pension proposals in Quebec, Ontario tackle annuity purchases.

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Caisse chimes in on Rona deal

mschmit — Wed, 01 Aug 2012 13:52:13 +0000

Invesco, Caisse make their positions known on Lowe's takeover.

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