Friday January 30, 2015 For Immediate Release Toronto, ON – The Supreme Court of Canada has affirmed that the right to strike is essential to meaningful collective bargaining. “This is a great start to the new year,” said a satisfied IAM Canadian General Vice President Dave Ritchie. “We pride ourselves in that 99 per cent of our collective agreements are settled without a strike but all
Tuesday January 27, 2015 For Immediate Release Montréal, QC – Former members of Quebec union CSD, employed by S E A 2000 International, have joined the IAM. “They have been waiting for 18 months for a new collective agreement and their employer refused to meet with their bargaining agent,” explained IAM District Lodge 11 Organizer Philippe Lapointe. “So they turned to the largest airport and aerospace
II Beyond the poverty line In the first part of this series, we talked about how universal public benefits do a reasonable job of bringing most Canadian seniors into the vicinity of the poverty line. But do they allow you to maintain your standard living, if you were above the poverty line when you were working? If you were earning $60,000 a year before you retired, then $22,000,
Wednesday January 21, 2015 For Immediate Release Toronto, ON – Members of IAM Local Lodge 235 have ratified a new collective agreement with Mettler Toledo. “The negotiating team of Ken Vantaaja, Bill Brodie and Richard Intriago persevered through this long set of bargaining and their hard work resulted in a contract with several improvements,” explained IAM District Lodge 78 Directing Business Representative Derek Ferguson. The
Toronto, ON – Stephen Harper has talked a lot about his government’s strength in economic growth. But in recent years, approximately 80% of the new jobs that have been created are part-time. Manufacturing jobs have suffered from the high dollar. Income inequality is growing faster than any other industrialized nation. Under the Harper government we are seeing a mass exodus as more jobs are lost. This past month, January 2015,
Click here to see photos of the meeting. Toronto, ON – Members of IAM District Lodges 78 and 140 and CUPE Airline Division Political Action Committees held a meet and greet with NDP Incumbent MPs, MPPs and candidates for the upcoming federal election, last night at the IAM District Lodge 78 offices. “Our ultimate goal is to give Harper the boot in the upcoming election and put in place a
Retiring LL2468 President Lee Cappadocia (left) is congratulated on his retirement as Local President after 40 years' service. Montréal, QC – When the gavel comes down to open the January 2015 meeting of IAM Local Lodge 2468 it will mark the end of an era. For the first time in 40 years, Lee Cappadocia will not be chairing the meeting as president of the Rolls Royce office employees Local
Thursday January 15, 2015 For Immediate Release Toronto, ON – The International Associations of Machinists – IAM, representing 3,000 Airport Security Screeners at Toronto Pearson, Toronto Billy Bishop, Vancouver International and 10 regional airports in British Columbia, begin bargaining for a new collective agreement. Talks began today between the IAM and Garda for Toronto while bargaining with G4S for the Pacific Region will take place later this
What will you live on when you are retired? Will it be enough? What Can you do about it? We’ll try to answer those questions in a three-part series. There are three main sources of retirement income in Canada: Public Benefits: Old Age Security, Guaranteed Income Supplement, Canada/Quebec Pension Plan Workplace Pensions Personal Savings (including RRSPs) Let’s start with the Public Benefits: a) Old Age Security (OAS) This
A. PENSIONS: 1. OLD AGE SECURITY BENEFIT (Monthly, at age 65, January/2015) $564.87 -adjusted quarterly OAS/GIS can be deferred up to 5 years (to age 70), with an increase of 0.6% for each month of deferral 2. CANADA/QUEBEC PENSION PLAN (2015) * Maximum Monthly Retirement Benefit at age 65 $1,065.00 [Reduction of 0.58%(CPP)/0.56%(QPP)per month for retirement 60-64; Increase of 0.70% per month for retirement 65-70]
