Do You Job Hop for Higher Pay? Vanguard Says It Could Cost You $300K in Retirement Savings

Do You Job Hop for Higher Pay? Vanguard Says It Could Cost You 0K in Retirement Savings

Employers can leverage a shared database to ensure new workers receive better or at least the same default savings rates for retirement plans they were receiving from their previous employers. Sora Shimazaki/Pexels.com People who change jobs often might make more money than average in the long run. However, many of them experience opportunity costs that … Read more

Metro Vancouver grain terminal workers begin strike

Metro Vancouver grain terminal workers begin strike

Workers at several Metro Vancouver grain terminals walked off the job Tuesday morning. Workers headed to picket lines at 7 a.m. PT, three days after Grain Workers Union Local 333 served strike notice, in what one industry group is saying could be “devastating” job action. Both the union and the employer, the Vancouver Terminal Elevators Association (VTEA), … Read more

Metro Vancouver grain terminal workers union set to strike

Metro Vancouver grain terminal workers union set to strike

Canada’s grain farmers say a strike at Metro Vancouver terminals would cripple crop exports if it were allowed to take place. The Grain Growers of Canada said in a statement that it is “deeply concerned” about a potential strike of grain workers in Metro Vancouver, since about 52 per cent of all Canadian-grown grain went to … Read more

Will the AI chatbot wave come for the federal government?

Will the AI chatbot wave come for the federal government?

Delayed air passengers, disgruntled phone customers and even hungry people craving a slice of pizza increasingly find their pleas to private companies being answered by artificial intelligence. Soon Canadians who need to reach out to the federal government could also find themselves talking to an employee who’s been helped by non-human assistants. Ottawa is working … Read more

Canada Industrial Relations Board deems port strike vote illegal

Canada Industrial Relations Board deems port strike vote illegal

The Canada Industrial Relations Board (CIRB) says a strike vote taken by a union representing ship and dock foremen is illegal. The B.C. Maritime Employers Association (BCMEA) said Friday that Local 514 of the International Longshore and Warehouse Union (ILWU) had served a notice of intended strike action against DP World Canada that was set to begin on Monday … Read more

Former Liberal MP considering leadership run in the wake of party’s byelection defeat

Former Liberal MP considering leadership run in the wake of party’s byelection defeat

Only a day after Conservatives won a federal byelection in the longtime Liberal stronghold of Toronto-St. Paul’s, ending a race that was largely viewed as a referendum on Prime Minister Justin Trudeau’s leadership at the head of the governing party, a new potential contender says he is considering a bid to replace him.  Former Liberal … Read more

Buses halted in Metro Vancouver as transit workers go on strike

Buses halted in Metro Vancouver as transit workers go on strike

Buses will not run Monday in Metro Vancouver after more than 180 workers represented by CUPE Local 4500 walked off the job. The job action, which began at 3 a.m. PT, comes three weeks after the workers began refusing overtime. The union represents transit supervisors, communications supervisors and a range of other roles. Talks between the union … Read more

Canada’s highest-paid CEOs make 246x the average worker, says new report

Canada’s highest-paid CEOs make 246x the average worker, says new report

It was another record-breaking year for Canada’s richest CEOs.  In one work day, and less than a half hour into the new year — 27 minutes to be exact — Canada’s 100 highest-paid CEOs will have already earned the average worker’s annual salary, according to a new study by the Canadian Centre for Policy Alternatives (CCPA). It translates to roughly … Read more