Oil and gas sector CEO compensation jumps double-digits amid surging profits

Oil and gas sector CEO compensation jumps double-digits amid surging profits

CEO pay in the oil and gas sector has soared with the industry’s post-pandemic resurgence and will likely increase even more with the completion of the Trans Mountain pipeline expansion this year, a new report projects. The report released Wednesday by the Bedford Consulting Group looked at C-Suite salaries, bonuses and other forms of executive … Read more

Big Canadian banks may be making misleading claims on sustainability, says securities complaint

Big Canadian banks may be making misleading claims on sustainability, says securities complaint

Canada’s big five banks are potentially misleading investors with their use of terms like sustainable finance, according to a complaint to securities regulators by a climate advocacy group. Banks are using the term “sustainable finance” too broadly and not backing up the claims with data, Investors for Paris Compliance said in its submission Tuesday to … Read more

Air Transat avoids strike after reaching tentative deal with flight attendant union

Air Transat avoids strike after reaching tentative deal with flight attendant union

Air Transat and the union representing its flight attendants, a unit of The Canadian Union of Public Employees, have reached a tentative agreement subject to a vote to renew their collective agreement, according to a press release the airline released today.  Details of the agreement will be presented to members and voted on in the coming days, according … Read more