“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…