Legal affairs

June 02, 2021

Retirees win back lost pension benefits

Retiree health benefits are a dying breed. Less than 30% of Canadian companies now offer them to retired employees.

And if you do still have coverage, get ready to pay more: Employers are shifting more costs onto retirees, starting benefits at a much later age, or requiring longer tenure to qualify.

But retirees are fighting back.

An Ontario man has just launched a class-action lawsuit against GM Canada on behalf of himself and 3,500 other retired white-collar employees for rolling back their benefits as part of the company’s recent cost cutting.

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March 26, 2021

How to handle that bully at work

Although he has repeatedly denied it, British Prime Minister Gordon Brown has been accused of being a really bully at work.  

An anti-harassment helpline revealed that it had received several complaints from people working in his office, including allegations of Mr. Brown swearing at staff, grabbing them by their lapels and shouting at them. 

Sound familiar? Well, to some people certainly. Roughly one in three employees has been bullied at work, according to research from the Workplace Bullying Institute.

And those are just the ones that speak up. Among targets of bullying, 40% never told their employers and, of those who did, 62% reported that they were essentially ignored.

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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...

Jason BucklandJason Buckland

The modern-day MC Hammer of money, Jason can often be seen spending cash that isn’t his with the efficiency of a Wilt Chamberlain first date. After cutting his teeth as a reporter for the Toronto Sun, he joined the MSN Money team with...