An important part of understanding the facts is understanding our industry. Now, more than ever before, our industry is changing. We want you to be informed about why we need to change and why we needed to make changes during our recent negotiations with Unifor. Here are some recent articles that demonstrate the pressure on our industry.
We appreciate the efforts by Special Mediators Vince Ready and Amanda Rogers in preparing a report that has brought both sides closer together. The offer below illustrates the recommendations that we accept in full and others where we have made modifications and enhancements.
Adopt all previously agreed to language detailed from the National Pattern. Includes wage increase over agreement:
- Year 1: 2.5% (as per National Pattern)
- Year 2: 2.75% (as per National Pattern)
- Year 3: 3.00% (as per National Pattern)
- Year 4: 3.5% (as per National Pattern)
Accepted National Pattern and extended National Pattern wages for three more years. Represents seven-year deal.
- Year 5: 1% (or National Pattern, whichever is higher)
- Year 6: 1% (or National Pattern, whichever is higher)
- Year 7: 1% (or National Pattern, whichever is higher)
- 8% effective Feb. 1, 2021.
- 50-50 share of current service costs effective Feb. 1, 2022 (estimated employee contribution rate of 9.75% based on 19.5% current service cost with no indexation)
2Retirement Allowance (RA): Compensation for transition to defined contribution pension.
3Defined Contribution (DC): Value of contributions from employee (4%) and employer (10%), including a 6% rate of return
*These examples are based on calculations from November 2019
On March 25, 2020, the Co-op Refinery Complex (CRC) shared our final offer with the Unifor 594 Bargaining Committee.
The CRC thanks the special mediators for their time and effort, thoughtfully considering both parties' positions and preparing their report and recommendations.