Tag : Corporate Accountability

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Media Releases

Government must put the brakes on Bay St. and prevent windfall pandemic payouts

November 3, 2021
OTTAWA – An upcoming announcement from Canada’s banking regulator has the financial sector salivating at the prospect of gargantuan payouts. Analysts predict that the Office of the Superintendent of Financial Institutions (OSFI) will announce this week that they will relax a ban on dividends and share buybacks. “The banks now want to reward themselves and investors with windfall gains that…
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Media Releases

Record bank profits reveals pandemic’s economic winners and losers

August 25, 2021
Today, RBC and the National Bank released their third-quarter profits, which came in at $4.3 and $2.3 billion, up from $3.2 billion and $2.0 billion in the same quarter last year, respectively. These immense profits made by Canada’s largest financial institutions are yet another example of how Canada’s wealthiest individuals and corporations have benefitted from the pandemic, while so many…
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Articles

Canada’s unions support C-253, legislation to protect workers in the event of company insolvency

May 13, 2021
Canada’s unions are pleased to see the Members of Parliament taking action to put workers and retirees first in the event of an organization’s insolvency filing by moving Bill C-253, introduced by MP Marilène Gill, forward to study by parliamentary committee. “We urge all parties to adopt this legislation,” said Hassan Yussuff, President of the Canadian Labour Congress (CLC). “Workers…
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Articles

Canada’s unions mark World Day for Decent Work with a call for a robust economic recovery plan

October 7, 2020
COVID-19 has exposed flaws in social protections in Canada and around the world. The effects of this pandemic on health, employment, income, gender and racial equity are all the more catastrophic because of pre-existing gaps in our social safety net. Before the pandemic, ever-increasing globalization meant many workers were employed in precarious, low-wage work with few, if any, benefits. Now…
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Media Releases

Supreme Court ruling on Uber underscores workers’ rights

June 26, 2020
OTTAWA – By ruling today that Uber drivers have a right to reasonable dispute resolution, the Supreme Court of Canada has defended the workers’ rights. “This decision underscores the message that a worker is a worker,” said Canadian Labour Congress President, Hassan Yussuff. “This ruling sends a clear message to employers that they can’t skirt around workers’ rights by using…
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Media Releases

Canada’s unions warn against growing threat of privatization

June 25, 2020
OTTAWA – Canada’s unions are warning against the growing threat of privatization in a new report released today. “As we face the COVID-19 pandemic, the importance of the public sector has never been more evident,” said Canadian Labour Congress (CLC) President Hassan Yussuff. “Public sector workers have kept our communities running day-to-day, ensuring that Canadians can rely on the services…
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Op-eds

A call for collective action

May 26, 2020
By Hassan Yussuff as published in National Newswatch. We are in the midst of a global pandemic. The federal government is introducing new programs almost daily to support millions of Canadians who have been affected by this crisis. Public service employees are doing amazing work getting that support to the people who need it. Meanwhile, the calls for austerity are…
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Articles

Canada’s unions mark May Day by launching campaign to advocate for frontline heroes

May 1, 2020
Canada’s unions are marking International Workers’ Day this year by launching a new campaign to bring attention to the vital contributions of essential workers and to advocate for better treatment. “There are 4.9 million workers across the country who have been deemed essential, and many of them have been struggling to make a decent living for years,” said CLC President…
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Articles

Protect the women who make our clothes: Canada’s unions and civil society organizations call for action

April 24, 2020
Seven years after the tragic Rana Plaza building collapse, Bangladesh garment sector workers now confront even more risk and vulnerability in the fight against COVID-19. Canada’s unions and civil society organizations are calling for immediate relief for workers and protection of rights in global supply chains. The coalition says that concerns for workers cannot stop at Canada’s borders and the…
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Op-eds

COVID-19 has exposed wide gaps in Canada’s social-safety net

April 9, 2020
By Hassan Yussuff, as published in The Globe and Mail Across the country, Canadians are stepping up even as the world feels as though it’s turning upside-down. We can see, perhaps now more than ever, how critical it is for governments to support and strengthen our society as a whole. That includes ensuring that all workers and the most vulnerable…
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