Members of Unifor have occupied the Northstar Aerospace plant in Milton, Ontario. The plant was purchased by Heligear Acquisition Co. in 2012. Heligear intends to move the plant to Chicago, cutting jobs and leaving the workers’ pension with a massive deficit. Unifor members at Northstar have been told their pension will be reduced by 25%. After months of negotiations, Unifor has been forced to take drastic action.
Late last year, the government introduced legislation that attacks the stability of federally-regulated pension plans. Bill C-27 would create a framework for the conversion of defined benefit pension plans into target benefit plans. The bill was met with outrage from the labour movement, as it was introduced without any consultation whatsoever.
The year is 2036 and you’re reading this because right now, you’re thinking about what it means to call yourself a postal worker. You’re wondering if it’s really worth it to put your body and your future on the line. That’s what your union is asking you to do.
The time has come to ensure workers have more financial security when they retire. An expanded Canada Pension Plan/Quebec Pension Plan (CPP/QPP) would do just that. Small increases in contributions would effectively double CPP/QPP benefits upon retirement.
Support Postal Banking - Download and Sign the Petition
Canada needs a postal bank. Thousands of rural towns and villages in our country do not have a bank, but many of them have a post office that could provide financial services. As well, nearly two million Canadians desperately need an alternative to payday lenders. A postal bank could be that alternative. Download and sign the petition urging the Government of Canada to instruct Canada Post to add postal banking, with a mandate for financial inclusion.