MONTREAL – Bombardier’s unionized workers at its Global business aircraft finishing centre in Montreal have ratified a three-year collective agreement.
Unifor, the union representing 1,675 workers, said the deal includes annual wage increases of three per cent.
The deal will increase contributions to employee defined pension plans and have employees accumulate extra hours instead of receiving payment in cash.
“In a context where defined benefit plans are attacked from all sides, having managed to improve them is a major gain for our members,” said local president Richard Gascon.
Bombardier (TSX:BBD.B) said it is satisfied with the 76 per cent vote in favour of the new agreement, which “reflects a mutual and continued commitment to the long-term success of the Global program by Bombardier and its employees.”