Canada's largest private-sector union is trying to capitalize on a shortage of workers and high inflation to win bigger wage increases and grow its membership.
The Ontario Municipal Employees Retirement System posted a 0.4% loss for the first six months of 2022 as a decline in public stocks exceeded the pension fund’s private equity gains.
Canadian banks and insurers must limit their exposure to crypto assets to a small fraction of their capital under new interim rules from the country’s financial regulator.
Quebec’s US$303 billion pension manager has written off its stake in bankrupt cryptocurrency lender Celsius, with its chief executive officer conceding the fund invested “too soon” in the sector.
Canadian North says fuel shortages at several airports in the High Arctic are affecting the amount of passengers and cargo it can carry on some flights.
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