Yellow Pages office in Montreal. Photo: Mario Hains

Yellow Pages purchases $210-million annuity contracts to reduce pension obligations

by Todd Humber May 21, 2025

written by Todd Humber May 21, 2025

Yellow Pages Limited announced Wednesday it has purchased group annuity contracts worth approximately $210 million to transfer a significant portion of its pension plan obligations to BMO Life Assurance Company. The Montreal-based digital media and marketing company said the transaction will transfe...

Member Access Required

This article is available to registered HR News Canada members. Membership is free and provides full access to our independent reporting on workplace HR issues across Canada.

Join Free - Sign Up Now

Already a member? Log in below

BMO Yellow Pages

Todd Humber

Todd Humber is an award-winning workplace journalist who has been covering the HR, employment law, and workplace safety beats for 25 years. He is the publisher and editor-in-chief at HR News Canada, published by North Wall Media.

Yellow Pages purchases $210-million annuity contracts to reduce pension obligations

Member Access Required

From boomers to Gen Z: How to solve the public sector succession crisis

Ontario invests $11.3 million in forestry sector innovation

Related Posts

Follow Us