Strike ends at CAE Inc. in Montreal after workers accept new agreement
Posted Jul 26, 2018 1:48 am.
Last Updated Jul 26, 2018 2:00 am.
This article is more than 5 years old.
MONTREAL – Nearly 475 unionized CAE Inc. employees in Montreal return to work today after voting in favour of a new contract.
Unifor Local 522 says its members voted 83 per cent this week to accept a tentative agreement with the flight simulator and training company.
The union says the new deal will run for four years, with a possible one-year extension upon completion of $7 million investment in the company’s St-Laurent, Que. factory.
The agreement includes a salary increase of 14.5 per cent over the life of the contract.
Unifor Quebec director Renaud Gagne says the company’s offer was 11.5 per cent when a strike began last month.
The strike began on June 22 after the workers rejecting a company offer by 93 per cent.
Companies in this story: (TSX:CAE)
