CAW Media Advisory - Talks Ongoing At VIA, But Sides Still Far Apart
MONTREAL, June 13, 2013 /CNW/ - Contract talks between the CAW and VIA Rail are currently taking place in Montreal, but the sides are still far apart on a number of outstanding issues, the union says.
"Talks are taking place at the committee level, and have been between high level officials over the past few hours, but we are still miles apart on key issues," said Bob Orr, Assistant to the CAW National President.
"The Corporation hasn't much wavered on some extraordinary concession demands that would radically impact our collective agreement, and that's holding things up." VIA is looking to eliminate income security benefits for 500 precarious seasonal workers, strip part-time workers of job security provisions and cut pension benefits for new hires. Orr said the union bargaining committee is not optimistic that a strike can be avoided at this late stage in the talks.
A strike deadline is set for 12:01 a.m. EST Friday June 14.SOURCE Canadian Auto Workers Union (CAW)
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV