Air Canada has announced their intent to establish a new insurance company called AC Life Insurance Company, an initiative to further de-risk the Air Canada sponsored DB pension plans. It is a fairly complicated proposal and we are carefully considering how it could impact our plan members’ pension.
Our pension lawyer, actuary consultant, CUPE National senior pension officer and Pension Committee have been engaged from the start to assess and evaluate the proposal. We are still gathering information from the Company and it will be some time before we can provide our final assessment and analysis.
In solidarity,
Marie-Hélène Major
President, Air Canada Component of CUPE
Update on Federal Probe into Unpaid Work
We are writing to update you on the federal government’s ongoing probe into unpaid work in the airline industry. While this process was meant to
March 16, 2026
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