October 29, 2009

Machinists Ink New Agreement With Lounsbury
News Releases

Miramichi, NB – Members of IAMAW Local Lodge 2418 have ratified a new collective agreement with Lounsbury Company Ltd. (Chevrolet). The three – year agreement provides wage increases of 2 per cent in the first year retroactive to September 1, 2009, and two six month increases of one per cent in each of the remaining two years. Other agreement highlights include : • Parts and Service employees receive a $100 annual

Flaherty's Pension Announcement: A Weak Response
Machinists' News

I recently wrote about the “pension crisis” and what was needed to improve income protection for Canadian seniors. While several provinces have been working on new pension rules, it was federal Finance Minister Flaherty who made the first move, with his announcement on October 26 of proposed changes to federal pension legislation. While there were some positive elements in Flaherty’s announcement, it was far short of what we need. His