Crunch time for Bombardier at Thunder Bay plant as union strike deadline looms
THUNDER BAY, Ont. - Employees at Bombardier's (TSX: BBD.A) light rail plant in Thunder Bay, Ont. are threatening to walk off the job today if they don't get a new contract.
Unifor, which represents the 900 workers, has set a strike deadline of 2 p.m. ET.
National president Jerry Dias hopes the pending strike deadline will spark some progress today, but says the two sides were "stuck in the mud" over the weekend.
Dias says Bombardier wants to make changes to pensions and benefits that are unacceptable to the employees and are similar to demands that caused a brief strike in 2011.
He says the company walked away from the table on Saturday and conversations the two sides subsequently had on Sunday produced nothing of significance.
A Bombardier spokesman says the company is putting all its energy into reaching a deal that will ensure it remains competitive.
Read more Business News
- All candidates forum comingKelowna
- Truck thief quickly nabbedPenticton / S. Okanagan
- Bobbitt hearing adjournedPenticton / S. Okanagan
- Development builds protestKelowna
|QHR Technologies Inc||1.17||+0.05|
|Anavex Life Sciences||0.192||+0.001|
|Copper Mountain Mining||2.17||+0.18|
|Sunrise Resources Ltd||0.06||0.00|
|Mission Ready Services||0.46||+0.01|
This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...
Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...
The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...