Skip to main content

Featured

Wall Street Futures Rise Ahead of Thanksgiving Holiday

  US stock futures edged higher on Wednesday as investors looked to extend the market’s recent rally into the Thanksgiving holiday. Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures rose 0.2%, and Nasdaq 100 futures climbed 0.3% . The move follows a strong session on Tuesday, when the Dow surged more than 660 points (1.4%) , marking its third consecutive day of gains. Tech stocks continued to drive momentum, with Alphabet closing at record highs after reports that Meta may adopt Google’s TPU chips in the coming years. Meanwhile, Nvidia shares slipped over 2.5% as competition in the AI chip space intensified. Investors are also keeping a close eye on the Federal Reserve. Markets are currently pricing in an 85% probability of a quarter-point rate cut in December , which has helped bolster optimism. Lower Treasury yields and easing inflation pressures have further supported the bullish sentiment. Through the first two trading days of this holiday-shortened we...
Post a Comment
Read more

article

Labels

Federal Government Expands Early Retirement Eligibility for Front-Line Workers

 

The Canadian federal government is taking steps to broaden early retirement eligibility for specific front-line workers. Treasury Board President Anita Anand has announced plans to introduce legislation this fall to facilitate this change. Here are the key points:

  1. Eligibility Expansion: The proposed changes will allow certain front-line workers to retire after 25 years of service without a pension reduction. Currently, this provision is available to military members, RCMP officers, and some correctional workers. The expansion will include federally employed border service officers, parliamentary protection officers, search and rescue technicians, and firefighters. Additionally, correctional employees, firefighters, and paramedics employed by territorial governments will now be eligible for early retirement.

  2. Recognition of Demanding Roles: Treasury Board President Anita Anand emphasized that these changes aim to recognize the demanding nature of day-to-day duties for these occupational groups. These workers play a critical role in promoting and protecting the safety and security of Canadians.

  3. Positive Impact: The Public Service Alliance of Canada hailed this decision as a “significant victory,” benefiting thousands of front-line public-safety and law enforcement workers.

In summary, the federal government’s move to expand early retirement eligibility acknowledges the contributions and challenges faced by front-line safety and security workers, ensuring consistency across occupational groups.


Labels:

Comments

Post a Comment