Alberta panel recommends 2026 referendums on key issues
A panel chaired by Premier Danielle Smith recommends Alberta hold referendums in 2026 on a provincial pension plan, immigration control, and constitutional changes. Learn the key findings.
Category : Search result: PSAC pension surplus
Alberta panel urges referendum to quit Canada Pension Plan
An Alberta government panel recommends a public referendum on leaving the Canada Pension Plan. Premier Danielle Smith's government considers the move. Learn the details and implications.
Feds move $900M pension surplus, PSAC criticizes
The federal government transfers a $900M pension surplus to its general account, sparking union criticism. PSAC demands funds be reinvested in workers' benefits.
Union: Using pensions for early retirement is 'borderline theft'
The head of a major Canadian public service union strongly criticizes a proposal to fund an early retirement incentive through pension plans, calling it a risky move for workers.
Public sector union PSAC sued by suspended executives
Canada's largest public service union, PSAC, faces three lawsuits from component union leaders suspended after opposing a 2023 labour deal. Plaintiffs seek millions in damages and reinstatement.
Feds move $900M pension surplus, total hits $2.8B
The federal government is moving another $900 million surplus from the public service pension fund to a central account, bringing the total to $2.8 billion. Public sector unions are alarmed. Read more.
Early CPP, OAS Payments Delivered Before Christmas
Canadian seniors receive their final 2025 CPP and Old Age Security payments early this month. Learn about the amounts, eligibility, and the 2026 increases.
Union exec sues PSAC over alleged bogus pay scheme
A sidelined union president is suing PSAC, alleging a scheme allowed staff to get extra pay without membership approval. Get the full story on the legal battle and financial irregularities.
AIMCo names Ray Gilmour as permanent CEO
Former senior bureaucrat Ray Gilmour has been confirmed as the permanent Chief Executive of Alberta Investment Management Corp. (AIMCo) after serving as interim CEO since a major board and management shakeup in late 2024.
AIMCo names Ray Gilmour permanent CEO
Former senior Alberta bureaucrat Ray Gilmour has been confirmed as the permanent CEO of the Alberta Investment Management Corp. (AIMCo), following a major governance shakeup in late 2024. Learn about his background and the fund's path forward.
Carney's $1.5B Civil Service Retirement Plan Saves $82M Annually
Prime Minister Mark Carney's plan to reduce the federal civil service through early retirement incentives will cost $1.5 billion upfront, with annual savings of $82 million. The strategy aims to avoid layoffs.
Early Retirement Info Sent to 68,000 Federal Public Servants
The federal government has begun notifying 68,000 public servants about a new early retirement program, a key step in its plan to cut 40,000 jobs from the bureaucracy. Learn the eligibility criteria and what the union says.
ODSP rules leave Windsor widow without survivor's pension
A Windsor, Ont. widow is left without financial support after her husband's death due to strict Ontario Disability Support Program eligibility rules. Learn about the policy gap affecting vulnerable families.
Unions Seek Clarity on Federal Return-to-Office Rumours
Public service unions are pressing the government for details on rumours of a full-time office mandate, calling any such plan 'reckless and out of touch.' Get the latest updates.
CPP Investments joint venture acquires Indian logistics parks
CPP Investments' joint venture in India acquires six logistics parks, expanding its global real estate footprint. Discover the strategic move's impact on Canada's pension fund.
10 Affordable Housing Projects for Edmonton Schools
Edmonton greenlights 10 affordable housing projects on surplus school grounds, creating over 1,300 units with federal funding support. Discover how this initiative addresses housing needs.
Public servants face retirement timing dilemma amid buyouts
Canadian public servants planning December retirement face difficult choice: retire now with permanent pension penalty or wait for potential government buyout program. Expert analysis reveals timelines and risks.
PSAC: Federal workers to learn layoff details shortly
Public Service Alliance of Canada reveals federal employees will receive potential layoff information shortly. Stay informed about government workforce changes.
PSAC: Public service layoff notices coming 'shortly'
PSAC warns 30,000 federal job cuts will devastate public services. Union urges Parliament to reject austerity budget as layoff notices loom.
Laurentian faculty union launches human rights pension challenge
Laurentian University faculty union plans human rights challenge to negotiate pension improvements. Learn how this could reshape collective bargaining rights in Ontario.
How New Public Service Early Retirement Buyouts Work
Learn how the federal government's $1.5B early retirement incentive program will work for Canadian public servants, funded by the pension plan surplus. Get the details on eligibility and timeline.
REAL requests lowered $10.8M budget from Regina
Regina Exhibition Association Limited presents reduced $10.8M budget request to city council, projecting first surplus since 2021. Learn about REAL's financial turnaround.
CPP Fund Grows $45.8B to $777.5B in Q2
The Canada Pension Plan Investment Board's fund grew to $777.5 billion, fueled by a 5.4% return. CEO John Graham highlights diversification's role in navigating global markets.
Federal Budget 2025 Cuts 40,000 Public Service Jobs
Mark Carney's first budget cuts 40,000 federal jobs, drawing union criticism. Analysis of workforce reductions and AI implementation in public service.
Canadian Seniors Hit Hard by Hidden Taxes: C.D. Howe Report
New research exposes how Canadian seniors are being disproportionately affected by hidden tax increases, threatening retirement security across the nation.
Canadian Defence Dept Faces Budget Squeeze, Union Warns
Exclusive: The Department of National Defence confronts significant budget reductions while union leaders sound alarm about potential job losses and service impacts across Canada's public service.
Canada Pension Plan's India Portfolio Soars to $21B
The Canada Pension Plan Investment Board's strategic investments in India are delivering massive returns, with the portfolio growing to $21 billion and outperforming expectations in one of the world's fastest-growing economies.
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