Tag : Corporate Profits and Pay

Content Types
Filter by category
Filter by post type
Year
Filter by year
Media Releases

Canada’s unions welcome cross-party collaboration on the Pension Protection Act – Bill C-228

June 14, 2022
OTTAWA – Canada’s unions welcome the cross-party collaboration of New Democrat, Bloc and Conservative MPs, who are moving forward key legislation to put workers at the front-of-the-line and protect their pensions when it comes to commercial bankruptcy or insolvency proceedings. “Pensions are a deferred pay cheque. Workers have put in their hours, their hard work, and have earned those pensions.…
Read More
Click to open the link
Media Releases

Canadians can’t afford for-profit long-term care

May 19, 2022
Bruske: It’s time to get the profit out of care OTTAWA –– A new report shows billions of dollars in public funds for long-term care have been diverted from patient care into the pockets of shareholders. Canada’s unions call on the federal government to make long-term care part of Canada’s public health care system. “This report is brutal evidence of…
Read More
Click to open the link
Media Releases

Conservatives refuse to talk lagging wages instead push low-wage austerity agenda

May 16, 2022
Bruske: As wages lag far behind inflation, Conservative leadership candidates ignore struggling workers. OTTAWA – Canada’s unions are shining a spotlight on how the Conservative Party is missing in action when it comes to standing up for workers who are seeing their buying power shrink as their wages rise at half the rate of inflation. “Workers are worried about how…
Read More
Click to open the link
Media Releases

Building a low-wage economy with stomach-churning greed

April 26, 2022
Bruske: Minimum wage employees being replaced by offshore workers making $3.75 an hour will hurt workers everywhere OTTAWA –– Replacing frontline workers with exploited offshore workers, as the restaurant chain Freshii is now doing, moves us towards a low-wage economy that weakens our communities and exploits workers, according to Bea Bruske, President of the Canadian Labour Congress. “This is about replacing…
Read More
Click to open the link
Media Releases

Government must put the brakes on Bay St. and prevent windfall pandemic payouts

November 3, 2021
OTTAWA – An upcoming announcement from Canada’s banking regulator has the financial sector salivating at the prospect of gargantuan payouts. Analysts predict that the Office of the Superintendent of Financial Institutions (OSFI) will announce this week that they will relax a ban on dividends and share buybacks. “The banks now want to reward themselves and investors with windfall gains that…
Read More
Click to open the link
Media Releases

Status quo parliament must not return to the status quo

September 21, 2021
Parliament must get to work on key issues facing workers OTTAWA – Canada’s unions congratulate Justin Trudeau and the Liberal Party on their re-election and offer to work with the government and Parliamentarians from all parties on building a pandemic recovery that addresses the critical challenges facing workers and their families. “Canadians have spoken, and their message is clear: it’s…
Read More
Click to open the link
Media Releases

Record bank profits reveals pandemic’s economic winners and losers

August 25, 2021
Today, RBC and the National Bank released their third-quarter profits, which came in at $4.3 and $2.3 billion, up from $3.2 billion and $2.0 billion in the same quarter last year, respectively. These immense profits made by Canada’s largest financial institutions are yet another example of how Canada’s wealthiest individuals and corporations have benefitted from the pandemic, while so many…
Read More
Click to open the link
Media Releases

Bruske welcomes NDP commitment to end profiteering off of seniors’ care

August 24, 2021
ST. JOHN’S – Canadian Labour Congress president Bea Bruske made the following statement today: “Decades of cuts and privatization in the long-term care sector have had tragic consequences during this crisis. “Early in the pandemic, long-term care homes accounted for four out of every five COVID-19 related deaths in Canada. In Ontario, the Commission into long-term care said for-profit companies…
Read More
Click to open the link
Media Releases

Canada’s unions welcome certification of Uber class action

August 12, 2021
The Canadian Labour Congress (CLC) welcomes today’s decision from the Ontario Superior Court of Justice in favour of Uber drivers seeking legal recognition of their status as drivers. Uber drivers successfully petitioned the court to certify a class action on behalf of all Uber drivers and delivery workers who submit they are employees misclassified as independent contractors. “All workers should…
Read More
Click to open the link
Articles

Canada’s unions support C-253, legislation to protect workers in the event of company insolvency

May 13, 2021
Canada’s unions are pleased to see the Members of Parliament taking action to put workers and retirees first in the event of an organization’s insolvency filing by moving Bill C-253, introduced by MP Marilène Gill, forward to study by parliamentary committee. “We urge all parties to adopt this legislation,” said Hassan Yussuff, President of the Canadian Labour Congress (CLC). “Workers…
Read More
Click to open the link