A new threat to BC Hydro's dams?
An index of gender equality in Canada
In this submission to the BC Fair Wages Commission, the CCPA-BC highlights the urgency for British Columbia to adopt a $15 minimum wage by March 2019.
BC’s current minimum wage is a poverty-level wage. Low-wage workers need a significant boost to their income and they have been waiting a long time. Over 400,000 British Columbians—22 per cent of all paid employees in the province—work for less than $15 per hour and they would significantly benefit from a $15 minimum wage.
Pension deficits and shareholder payments among Canada’s largest companies
This year’s Report Card on Child and Family Poverty in Nova Scotia identifies a slight decrease in child poverty, with 1,600 children lifted out of poverty between 2014 and 2015. Overall, this decrease represented less than a percentage point change, with 21.6% of Nova Scotia children living in poverty. Nova Scotia had the third-highest provincial child poverty rate, and the highest rate in Atlantic Canada.
This study examines the status of the defined benefit (DB) pension plans of Canada's largest publicly-traded companies. Thirty-nine companies on the S&P/TSX 60 maintain DB pension plans, amounting to one-third of all private sector pension plan assets in Canada. However, only nine plans were fully funded in 2016. Together, the 39 companies oversaw a $10.8 billion deficit in their pension plans in 2016, while increasing shareholder payouts from $31.9 billion in 2011 to $46.9 billion last year.