The Toronto-Dominion Bank | Providing All Employees with the Same Amount of Social Benefits at The Toronto-Dominion Bank

Status
0.76% votes in favour
AGM date
Previous AGM date
Proposal number
9
Resolution details
Lead filer
Individual
Resolution ask
Adopt or amend a policy
ESG theme
  • Social
ESG sub-theme
  • Decent work
Type of vote
Shareholder proposal
Filer type
Shareholder
Company sector
Financials
Company HQ country
Canada
Resolved clause
RESOLVED: It is proposed that TD grant all its employees the same amount of benefit credits.
Currently, one employee alone and one employee + 1 person receive less than
employees + 2 or more persons in benefit credits
Supporting statement
SUPPORTING STATEMENT: Under section 11 (7)(d) of the Canadian Human Rights Act, R.S.C., 1985, c. H-6: wages mean any form of
remuneration payable for work performed by an individual and includes employer contributions to pension
funds or plans, long-term disability plans and all forms of health insurance plans. This section clearly indicates
that these benefit credits are wages.
Section 3(1) Proscribed Discrimination of the same Act in states: For all purposes of this Act, the prohibited
grounds of discrimination are race, national or ethnic origin, colour, religion, age, sex, sexual orientation,
gender identity or expression, marital status, family status, genetic characteristics, disability and conviction
for an offence for which a pardon has been granted or in respect of which a record suspension has been
ordered.
This is clearly wage discrimination based on family status. As a result, thousands of employees face this
discrimination, which can only be corrected by increasing the benefit credits of those who receive less. Failure
to correct the situation could expose TD to a class action

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