The CPI figure for July 2016 was released on August 19, 2016. As per the Collective Agreement the following calculation will apply.
July 2016 132.8
April 2016 132.3
Difference 0.50 (Divide by .063 per each 1 cent) = $0.07
Effective with the first pay period after the release, COLA will be $0.58 per straight time hour worked as it was previously $0.51