Monday, July 28th13.0°C
21452

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.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX15455.04+60.59
S&P CDNX1017.445.79
DJIA16960.57-123.23
Nasdaq4449.564-22.543
S&P 5001978.34-9.64
CDN Dollar0.9251+0.0004
Gold1304.30+1.2001
Oil104.30-0.29
Lumber325.50+0.20
Natural Gas3.781+0.001

 
Okanagan Companies
Pacific Safety0.185-0.015
Knighthawk0.01-0.005
QHR Technologies Inc1.15-0.02
Cantex0.07-0.01
Anavex Life Sciences0.275-0.005
Metalex Ventures0.08+0.01
Russel Metals35.36-0.21
Copper Mountain Mining2.820.00
Colorado Resources0.21+0.005
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.05+0.025
Mission Ready Services0.19+0.01

 



22563

FEATURED Property
1465271611-Muir
2 bedrooms 1 baths
$199,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Take charge of your debt

Photo: Thinkstock.comWays to reduce your Debt:Make a budget and get budget counselingA basic first step for debt reduction is to prepare a budget and plan your spending. Once you have a budget, you mu...


Geopolitical tensions rattle markets

The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...


Labour shortage in BC

The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...

_








Member of BC Press Council


22707