June 2015

Machinists Ratify New Deal with Canadian Bank Note

Thursday June 4, 2015   For Immediate Release   Ottawa, ON – The members of IAM Local Lodge 412 have overwhelmingly ratified a new collective agreement with Canadian Bank Note.   The six-year agreement provides wage increases of 2.5 per cent in the first year retroactive to January 1, 2015, 2 per cent in years 2,3,4 and 5 respectively and 2.5 per cent in the sixth year. Other agreement highlights