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Local 9 Of Pulp &; Paper Workers Vote On New Contract

By 250 News

Tuesday, July 15, 2008 09:07 AM

About 500 Pulp and Paper workers, members of local 9, are voting today and tomorrow on a new contract with CANFOR.

The workers of Intercon and PG pulp are voting on a 4 year deal which includes a wage increase of 2% in year one, 2.5% in year two, 2.5% in year three and 3% in year four.

The contract also calls for increased health benefits and an upgraded severance package.

Members of the union say that from conversations it appears that the vote could be a tight one. The results are expected late tomorrow.


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Comments

I'll bet it will be a tight vote!
With the costs of almost everything climbing at such a rapid pace,wages are simply not keeping up anymore!
It almost seems like wages are a forgotten part of the big prosperity boom!
I think the offer will be accepted, but who knows for sure.
Good luck to all!
I know 4 or 5 guys that work out there and I hope for their sake this is all over and done with soon so they can quit worrying and get on with life. As Andy said, good luck to all involved. Cheers.
Tomorrow also Northwood Pulp votes.
Union bottom-feeders.
I too echo Andy's sentiments! Hopefully, every member votes :)
Very intelligent post Moses. Keep up the good work. Sure adds a lot to this site when we have sane dicussions
'Very intelligent post Moses. Keep up the good work.'

Ok - Union bottom-feeders.
Union bottom feeders is right... I just heard on CNN tonight that they are now at a 9.6% inflation rate for manufactured goods in the US... the highest its been since 1980. Back in 1980 we were followed by 21% interest rates on peoples mortgages to fight the inflation.

I'm not sure a long term contract with little 2-4% increases will cover even half the cost of inflation, so in actual effect long term contracts right now are actually pay cuts being negotiated. Yes those union folks will be bottom feeders if they sign long term IMO.

BTW Highest inflation rate in 27 years in the states right now.. soon to come to Canada for sure... and in two months the 5% and 0% down homes with 35-year plus mortgages will be outlawed in Canada, and to fight inflation interest rates will be going way way up from here.

Sure people can buy a $200,000 home when the asset appreciates at a rate 1000% higher then inflation, and interest rates are so low the money is almost free, and the amortization period is passed on to the next generation to finish paying for the home.... What happens when the asset is depreciating in value, the inflation on everything else is going through the roof, and people now have to save up 10% to buy a home and afford a higher interest rate limiting what they can pay for the home in the first place. The answer is a massive housing bubble about to burst IMO. I think we have 60 days before it all hits the fan.