In the News Detail
news headline
Centre Stage
SOURCE
Lexpert
AUTHOR
Julius Melinitzer
DATE
June 2, 2008
David Vincent provides his expertise in pensions and benefit plans in this article about the Canadian human resources environment and its significance in cross-border transactions.
Excerpt
Whatever the complexities of HR considerations, pensions and retiree benefits pack the biggest punch in sheer dollars. And the dollars are getting bigger.
"Virtually every pension plan is less well-funded than it was five years ago," says David Vincent of Ogilvy Renault LLP.
That's something of which prospective employers are well aware..
The growing profile of pension considerations shouldn't be news to Canadians, who witnessed the dramatic impact of pension liabilities on the restructurings of Air Canada, Algoma, and Stelco, to name but a few..
Yet Canada is hardly the only jurisdiction where pension considerations are front and centre in M&As and restructurings.
Media Contacts
Lisa Azzuolo
National Director, Marketing
Toronto
416.216.3909
lazzuolo@ogilvyrenault.com
Profile
Joanne Lajeunesse
Director, Marketing and Media Relations - Quebec Region
Montréal
514.847.4723
jlajeunesse@ogilvyrenault.com
Peter Zvanitajs
Senior Advisor, Media Relations
Toronto
416.216.1871
pzvanitajs@ogilvyrenault.com
Lise Monette
Chief Marketing Officer
Toronto
416.216.4008
lmonette@ogilvyrenault.com
Profile
Media Kit
