CUPE Ontario

CUPE Ontario

• CUPE Ontario calls for review of OMERS’ investment processes after pension manager posts a 2.7-per-cent loss in 2020 February 26, 2021
  Article by Andrew Willis, The Globe and Mail Pension plan OMERS turned in a 2.7-per-cent loss on its investments in 2020 as the pandemic weighed down returns from its holdings in shopping malls, a theatre chain and other consumer-facing businesses. Assets of Toronto-based OMERS declined by $3-billion last year to $105-billion after the plan posted […]
  Jessica Gale
• “We won’t pay for the mistakes of OMERS executives”: CUPE Ontario February 25, 2021
  JTNDZGl2JTIwY2xhc3MlM0QlMjJmYi1saWtlJTIyJTIwZGF0YS1ocmVmJTNEJTIyaHR0cHMlM0ElMkYlMkZmYWNlYm9vay5jb20lMkZjdXBlb250YXJpbyUyMiUyMGRhdGEtbGF5b3V0JTNEJTIyc3RhbmRhcmQlMjIlMjBkYXRhLWFjdGlvbiUzRCUyMmxpa2UlMjIlMjBkYXRhLXNpemUlM0QlMjJsYXJnZSUyMiUyMGRhdGEtc2hvdy1mYWNlcyUzRCUyMnRydWUlMjIlMjBkYXRhLXNoYXJlJTNEJTIyZmFsc2UlMjIlM0UlM0MlMkZkaXYlM0U=TORONTO, ON – CUPE Ontario is calling for increased scrutiny of today’s announcement by the Ontario Municipal Employees Retirement System (OMERS) that the pension fund lost more than $3 billion last year. This represents a shortfall of more than $10 billion compared to their own benchmark returns for 2020. OMERS manages more than $100 billion […]
  ddadgari
• “Members shouldn’t bear the brunt of OMERS investment decision failures”: CUPE Ontario February 25, 2021
  Toronto, ON – The Ontario Municipal Employees Retirement System (OMERS) pension fund has announced a loss of more than $3 billion last year, says Fred Hahn, President of CUPE Ontario. “This extends a longer pattern of underperformance at OMERS,” said Hahn. The union, which is the largest member of the plan, is calling for a […]
  Jessica Gale
• 6,000 new PSWs, “tip of what’s needed, gravity of shortage requires Ontario double number to tackle long-term care staffing crisis,” say health care unions February 24, 2021
  TORONTO, ON – Long-term care staffing in Ontario remains far below pre-COVID-19 pandemic levels. The gravity of the staffing shortage requires a substantive and comprehensive recruitment, training and retention workforce strategy, say health care unions representing approximately 70,000 personal support workers (PSWs). Today’s announcement is a step in the right direction from what was announced […]
  Liam Bedard
• The government announced $4 million to train PSWs: Will it make a difference? February 23, 2021
  We need 20,000+ PSWs trained right now. The Ford Conservatives' plan is completely inadequate. Listen to Candace Rennick's interview on CBC's Metro Morning here: bit.ly/2ZIp3Nl The post The government announced $4 million to train PSWs: Will it make a difference? appeared first on CUPE Ontario.
  Jessica Gale
• Ontario’s PSW plan woefully inadequate, critics charge February 23, 2021
  "Shocking," "appalling," "offensive" and "disappointing" are just some of the words critics are using to describe the Ontario government's latest plan to train personal support workers (PSWs) in the province. "Their lethargy is profound...delaying training and recruitment. In the meantime nearly 4,000 residents have died in long-term care in the last year," said Candace Rennick, […]
  Jessica Gale
• Belleville city workers ratify new five-year contract February 22, 2021
  JTNDZGl2JTIwY2xhc3MlM0QlMjJmYi1saWtlJTIyJTIwZGF0YS1ocmVmJTNEJTIyaHR0cHMlM0ElMkYlMkZmYWNlYm9vay5jb20lMkZjdXBlb250YXJpbyUyMiUyMGRhdGEtbGF5b3V0JTNEJTIyc3RhbmRhcmQlMjIlMjBkYXRhLWFjdGlvbiUzRCUyMmxpa2UlMjIlMjBkYXRhLXNpemUlM0QlMjJsYXJnZSUyMiUyMGRhdGEtc2hvdy1mYWNlcyUzRCUyMnRydWUlMjIlMjBkYXRhLXNoYXJlJTNEJTIyZmFsc2UlMjIlM0UlM0MlMkZkaXYlM0U=BELLEVILLE, ON – Belleville city workers, represented by Local 907 of the Canadian Union of Public Employees (CUPE 907) have ratified the tentative agreement that was reached early Friday morning, avoiding a labour disruption which could have started this morning. The five-year agreement, which covers April 1, 2019 to December 31, 2023, will see a […]
  ddadgari
• City of Welland inside workers vote to authorize strike action February 19, 2021
  WELLAND, ON – Inside workers for the City of Welland, represented by Local 1115 of the Canadian Union of Public Employees (CUPE 1115) have voted in favour of authorizing the union to take strike action if a fair deal can not be reached in the current round of contract negotiations. At a virtual meeting held […]
  Jessica Gale
• University of Toronto academic workers vote overwhelmingly for strike mandate February 19, 2021
  Toronto, ON — CUPE 3902 (Unit 1) academic workers have given a strong strike mandate to their Local leadership with 90 per cent voting this week in favour of job action as negotiations continue with the University of Toronto. The bargaining unit comprises about 8,000 academic workers including teaching assistants, course instructors, and exam invigilators […]
  Jessica Gale
• Belleville city workers reach tentative agreement February 19, 2021
  BELLEVILLE, ON – A tentative agreement has been reached between Local 907 of the Canadian Union of Public Employees (CUPE 907) and the City of Belleville. The two parties met Thursday with a provincially appointed mediator and finalized the tentative agreement. Details of the agreement will not be released until it has been ratified by […]
  Jessica Gale