{"id":1866,"date":"2024-10-03T16:23:39","date_gmt":"2024-10-03T16:23:39","guid":{"rendered":"https:\/\/financeify.ca\/?p=1866"},"modified":"2024-10-03T16:23:39","modified_gmt":"2024-10-03T16:23:39","slug":"layoffs-in-canada-increased-by-20-how-to-protect-your-pension","status":"publish","type":"post","link":"https:\/\/financeify.ca\/index.php\/2024\/10\/03\/layoffs-in-canada-increased-by-20-how-to-protect-your-pension\/","title":{"rendered":"Layoffs in Canada increased by 20%: how to protect your pension?"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The downsizing wave continues for major brands you probably know well. The number of layoffs in Canada has increased <strong>over 20 percent<\/strong> a year ago, when the labor market continues to weaken, <span style=\"text-decoration: underline;\"><a href=\"https:\/\/financialpost.com\/news\/economy\/job-numbers-support-bank-of-canada-rate-cuts\" target=\"_blank\" rel=\"noopener\">according to the economist<\/a><\/span>    at the Royal Bank of Canada.<\/p>\n<p>As more companies grapple with uncertain economic conditions, it&#8217;s natural to wonder whether your employer can protect your retirement for the next 20 or 30 years.<\/p>\n<p><strong>Ask yourself:<\/strong><\/p>\n<ul>\n<li>Do you trust your employer to manage your retirement funds safely?<\/li>\n<li>Is the industry you work in stable enough to guarantee the security of your pension?<\/li>\n<li>Are you confident that your employer will remain financially sound in the decades to come?<\/li>\n<\/ul>\n<p>Now more than ever, it&#8217;s important to take a closer look at your financial future. Whether you&#8217;ve been affected by layoffs or are concerned about the stability of your employer, it&#8217;s time to reassess the security of your retirement.<\/p>\n<p><span style=\"text-decoration: underline;\">Watch this video<\/span> where I&#8217;ll tell you how to transfer your company pension to a safe Canadian insurer such as Sun Life, Manulife, Canada Life or Desjardins as part of a copycat annuity.<\/p>\n<p>This process not only ensures that your pension will be in the hands of a reliable financial institution, but you will also be able to qualify for your pension <strong>cash bonus payout up to $25,000!<\/strong><\/p>\n<p>Before you sign any paperwork (especially if you have been notified of your layoff), contact Pension Solutions Canada to discuss. You can call us at <strong>1-888-554-6661<\/strong> Or <a href=\"https:\/\/calendly.com\/bruceyoungblud\/consultation?month=2024-09\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\">choose a day<\/span><\/a>    for a consultation meeting on the Zoom platform.<\/p>\n<\/p><\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The downsizing wave continues for major brands you probably know well. The number of layoffs in Canada has increased over 20 percent a year ago, when the labor market continues to weaken, according to the economist at the Royal Bank of Canada. As more companies grapple with uncertain economic conditions, it&#8217;s natural to wonder whether [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[21],"tags":[34,592,685,308,82],"class_list":{"0":"post-1866","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-retirement","8":"tag-canada","9":"tag-increased","10":"tag-layoffs","11":"tag-pension","12":"tag-protect"},"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Layoffs in Canada increased by 20%: how to protect your pension? - Financeify<\/title>\n<meta name=\"description\" content=\"The downsizing wave continues for major brands you probably know well. 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