Unifor president Lana Payne says workers need to be compensated for damage already done to their purchasing power. Find out more.
Lana Payne, president of Unifor, warned in an interview that workers need to be compensated for damage already done to their purchasing power.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way.
Payne’s union, and others, have been ramping up wage demands in recent months, seeking some of the biggest pay gains in a generation. While they keep their demands private, Unifor locals have recently won average annual increases of 5.3 per cent for mine workers and five per cent for logistics workers, while Teamsters Canada won salary increases of up to 7.2 per cent for dockworkers and truck drivers.
The tough stance from organized labour is an obstacle for the Bank of Canada’s efforts to curb consumer price gains. It also casts doubt on governor Tiff Macklem’s assertion in a speech this month that wage pressure “now looks to be plateauing.”
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