With more than 36,000 members, represented by UFCW Local 1518 and Local 247, it is one of British Columbia’s largest private sector multi-employer unions.

RBC Dexia Investor Services managing director for Canada John Lockbaum said adding UFCW as a client increases RBC Dexia’s Western Canada pension presence with 14 of the top 16 British Columbia pension plans selecting RBC Dexia as a premier pension custodian.

"Using our sophisticated line up of technology based solutions will enable us to provide UFCW with an exemplary level of client service with timely, efficient custodial and benefit payment services," Lockbaum said.