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Interest rates and inflation making retirement elusive; Workplace pensions needed more than ever
June 15, 2023 06:00 ET | Healthcare of Ontario Pension Plan
TORONTO, June 15, 2023 (GLOBE NEWSWIRE) -- A prolonged period of rising inflation and interest rates has led to another significant downturn in the financial wellbeing of adult Canadians, risking...
Funded Status Overview
HOOPP maintains strong funded status in challenging year: Improves benefits and keeps contribution levels unchanged
March 17, 2023 07:00 ET | Healthcare of Ontario Pension Plan
TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- Despite a very challenging year for the markets, HOOPP maintained a strong funded status of 117%. Funded status is one of the most important indicators of...
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Workers Mobilize to Parliament Hill Urging Action on Polycrisis
February 07, 2023 09:30 ET | Canadian Labour Congress
OTTAWA, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Hundreds of workers and labour leaders from across Canada are mobilizing to Parliament Hill today to sound the alarm about the mounting issues facing...
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Les travailleurs se mobilisent sur la Colline parlementaire pour réclamer une action sur la polycrise
February 07, 2023 09:30 ET | Congrès du travail du Canada
OTTAWA, 07 févr. 2023 (GLOBE NEWSWIRE) -- Des centaines de travailleurs et de dirigeants syndicaux de tout le Canada se mobilisent aujourd'hui sur la Colline parlementaire pour tirer la...
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HOOPP adds Ottawa-based homecare organization Carefor, expanding access to retirement security for healthcare workers
January 31, 2023 09:00 ET | Healthcare of Ontario Pension Plan
TORONTO, Jan. 31, 2023 (GLOBE NEWSWIRE) -- The Healthcare of Ontario Pension Plan (HOOPP) was pleased to begin the new year by bringing in Carefor Health & Community Services as a new employer...
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Canada’s Unions Welcome New Protections for Workers’ Pensions
November 23, 2022 16:02 ET | Canadian Labour Congress
OTTAWA, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Canada’s unions are happy to see Bill C-228 passed in the House of Commons today. This bill aimed to ensure that in the event of an employer becoming...
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Les syndicats du Canada accueillent les nouvelles protections des pensions des travailleurs et travailleuses
November 23, 2022 16:02 ET | Congrès du travail du Canada
OTTAWA, 23 nov. 2022 (GLOBE NEWSWIRE) -- Les syndicats du Canada sont heureux de voir la Chambre des communes adopter le projet de loi C-228 aujourd’hui. Ce projet de loi est destiné à voir à ce que...
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Canadian employers are most worried about staff retention and well-being, but solutions vary amid economic uncertainty: new research from HOOPP and Angus Reid Group
November 03, 2022 06:33 ET | Healthcare of Ontario Pension Plan
TORONTO, Nov. 03, 2022 (GLOBE NEWSWIRE) -- The top concerns for Canadian employers in 2022 include employee burnout and losing staff, according to the Canadian Employer Pension Survey from the...
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Home affordability and rising interest rates are threatening retirement security for young adults: 2022 Canadian Retirement Survey from HOOPP and Abacus Data
June 23, 2022 06:33 ET | Healthcare of Ontario Pension Plan
TORONTO, June 23, 2022 (GLOBE NEWSWIRE) -- Economic factors like rising inflation and interest rates are threatening Canadians’ retirement security, according to the 2022 Canadian Retirement Survey...
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Media Advisory - Canadian Labour Congress’ President Bea Bruske Available to React to Budget 2022
April 07, 2022 08:00 ET | Canadian Labour Congress
OTTAWA, April 07, 2022 (GLOBE NEWSWIRE) -- Bea Bruske, President of the Canadian Labour Congress, will be available to talk about the impacts of Budget 2022 on workers and their families. Bruske is...