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Rising expenses hurting Canadians’ finances: women’s retirement security at risk
June 20, 2024 06:00 ET | Healthcare of Ontario Pension Plan
TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- Amidst a rising cost of living and persistent interest rates, Canadians’ retirement outlook is particularly bleak, according to the results of the 2024...
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Expanding retirement security for Ontario’s healthcare workers: HOOPP welcomes 35 new employers to the plan in 2023
May 30, 2024 08:00 ET | Healthcare of Ontario Pension Plan
TORONTO, May 30, 2024 (GLOBE NEWSWIRE) -- HOOPP was pleased to welcome 35 new employers, including hospices, community care and family health teams, to the Plan in 2023. As one of the strongest,...
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Pension or pay raise: do employers know what their employees want?
October 31, 2023 06:00 ET | Healthcare of Ontario Pension Plan
TORONTO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- As businesses continue to cope with inflationary pressures, employers choosing to offer higher pay in lieu of retirement benefits risk falling behind those...
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Interest rates and inflation making retirement elusive; Workplace pensions needed more than ever
June 15, 2023 06:00 ET | Healthcare of Ontario Pension Plan
TORONTO, June 15, 2023 (GLOBE NEWSWIRE) -- A prolonged period of rising inflation and interest rates has led to another significant downturn in the financial wellbeing of adult Canadians, risking...
Funded Status Overview
HOOPP maintains strong funded status in challenging year: Improves benefits and keeps contribution levels unchanged
March 17, 2023 07:00 ET | Healthcare of Ontario Pension Plan
TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- Despite a very challenging year for the markets, HOOPP maintained a strong funded status of 117%. Funded status is one of the most important indicators of...
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Les travailleurs se mobilisent sur la Colline parlementaire pour réclamer une action sur la polycrise
February 07, 2023 09:30 ET | Congrès du travail du Canada
OTTAWA, 07 févr. 2023 (GLOBE NEWSWIRE) -- Des centaines de travailleurs et de dirigeants syndicaux de tout le Canada se mobilisent aujourd'hui sur la Colline parlementaire pour tirer la...
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Workers Mobilize to Parliament Hill Urging Action on Polycrisis
February 07, 2023 09:30 ET | Canadian Labour Congress
OTTAWA, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Hundreds of workers and labour leaders from across Canada are mobilizing to Parliament Hill today to sound the alarm about the mounting issues facing...
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HOOPP adds Ottawa-based homecare organization Carefor, expanding access to retirement security for healthcare workers
January 31, 2023 09:00 ET | Healthcare of Ontario Pension Plan
TORONTO, Jan. 31, 2023 (GLOBE NEWSWIRE) -- The Healthcare of Ontario Pension Plan (HOOPP) was pleased to begin the new year by bringing in Carefor Health & Community Services as a new employer...
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Les syndicats du Canada accueillent les nouvelles protections des pensions des travailleurs et travailleuses
November 23, 2022 16:02 ET | Congrès du travail du Canada
OTTAWA, 23 nov. 2022 (GLOBE NEWSWIRE) -- Les syndicats du Canada sont heureux de voir la Chambre des communes adopter le projet de loi C-228 aujourd’hui. Ce projet de loi est destiné à voir à ce que...
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Canada’s Unions Welcome New Protections for Workers’ Pensions
November 23, 2022 16:02 ET | Canadian Labour Congress
OTTAWA, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Canada’s unions are happy to see Bill C-228 passed in the House of Commons today. This bill aimed to ensure that in the event of an employer becoming...