Category: National



The Office of the Superintendent of Financial Institutions (OSFI) has approved the payout of pension surplus to eligible members. This includes pensioners, surviving spouses, deferred pensioners and employees. Approximately $129 million, representing the surplus payout for 2021 and 2022, will be distributed to approximately 20,000 eligible members. Individual amounts will be based on a percentage […]

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Update on the Pension Surplus – Marco Dubé – May 23, 2024

Here is an updated from Marco Dubé, Chief Transformation Officer & Executive VP, People and Culture on the pension surplus. Further to our last update on this topic, we continue to wait on approval from the Office of the Superintendent of Financial Institutions (OSFI) for the distribution of the 2021 and 2022 surplus. Last month, we contacted the […]

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Surplus Sharing Update – April 18, 2024

Another surplus While we wait for OSFI, the federal pension plan regulator, to finally approve a payout of nearly $130-million dollars of surplus money to plan contributors we continue to receive positive news on the financial status of our plan. The latest report from the CBC Pension Board of Trustees shows that once again the […]

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Election of national officers: the candidates

As the nomination period of our election process has come to a close, we can confirm the following candidates: The candidates: President: Dan Oldfield Vice-President, anglophone: Gail Carducci Vice-President, francophone: Pierre-Léon Lafrance Treasurer: Réjean Labrie The members of the new Executive Committee will be confirmed at the AGM on May 15, 2024. On behalf of […]

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And so we wait – Surplus Sharing Update – March 19, 2024

At this point, we have yet to hear from the federal pension regulator (OSFI) about the sharing of the pension surplus nor do we know when we will hear. Even when OSFI does give the payout the green light, there is still a further 40-day waiting period. The regulator’s role is fairly straight forward – […]

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