“Greedy and hypocritical”: Company owned by a pension plan is taking away its own workers’ pension plan

TORONTO – DynaLIFE Labs, a company contracted by the Alberta government to privatize health care services, is trying to take away a pension plan from its employees. The twist? DynaLIFE’s majority shareholder is the Ontario Municipal Employees Retirement System (OMERS), a pension plan serving over half a million Canadians. In 2022, Alberta’s UCP government awarded…

“Not just ‘one tough year’”: CUPE Ontario calls for independent review of OMERS investment performance

TORONTO, ON – The long-term underperformance of the Ontario Municipal Employees Retirement System (OMERS) pension plan urgently requires a full and independent review, says the Canadian Union of Public Employees (CUPE) Ontario in a report released today. Take action at cupe.on.ca/fixomers “Investment returns are a critical part of funding the pensions of front-line workers. Unlike…

For Earth Day, time to recognize a Climate Change Emergency

This Earth Day, we invite Local executives to sign on to the CUPE Climate Change Emergency Declaration. While the planet reels in response to the health emergency from COVID-19, we cannot lose sight of the environmental crisis. There is no vaccine for climate change. Global temperatures continue to go up, and we continue to experience an increasingly destabilized climate. CUPE recognizes…