Category: COLA

The CPI figure for October was released on November 23, 2018. Per the Collective
Agreement, the following calculation will apply:
October 2018 138.7
July 2018 138.0
Difference .7
Divide difference by .063 = $0.11
Effective with the first pay period after the release, COLA will be $0.91 per straight-time
hour worked as it was previously $0.80.

 

The CPI figure for July was released on August 17, 2018,  Per the Collective Agreement the following calculation will apply:

 

July 2018                                            138

April 2018                                          137.5

 

Difference                                           .5

(Divide difference by .063)  =           $0.07

 

Effective with the first pay period after the release, COLA will be $0.80 per straight time hour worked as it was previously $0.73.

 

 

The CPI figure for January was released on February 23, 2018.  As per the Collective Agreement the following calculation will apply.

 

January 2018                                     136.4

October 2017                                     135.4

 

Difference                                           1.00

(Divide difference by .063)  =           $0.15

 

Effective with the first pay period after the release, COLA will be $0.56 per straight time hour worked as it was previously $0.41.

 

Effective the first pay period after the release C.O.L.A will be $0.58 per straight time hours worked. We have been informed that rates to reflect the roll in have now been updated and retro pay from Aug 1st to Aug 20th will be paid on the Sept 9th pay.

 

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

The CPI figure for January 2016 was released on February 19, 2016. As per the Collective Agreement the following calculation will apply.
January 2016 131.0
October 2015 131.7
Difference -0.7
(Divide by .063 per each 1 cent) = -$0.11
Effective with the first pay period after the release, COLA will be $0.31 per straight time hour worked as it was previously $0.42.

The Union is checking these calculations as sometimes they have been incorrect in the past.

From the Company:

The CPI figure for April 2015 was released on May 22, 2015. As per the Collective Agreement the following calculation will apply.

April 2015 130.5
January 2015 128.2
Difference 2.3
(Divide by .063 per each 1 cent) = $0.36
Effective with the first pay period after the release, COLA will be $0.24 per straight time hour worked as it was previously -$0.12.

The July 2014 CPI release date from the federal government used to calculate the COLA will be on August 22nd. The accumulated COLA amount after the adjustment of July 2014 compared to April 2014 will then be rolled into the Standard Hourly Scale as part of the base rate for wages as per the Letter Of Understanding Section 3 in the current CBA. The new rate will be reflected on the Sept 12th pay day with retro pay for the adjustment to be paid on the Sept 26th pay.

In Solidarity!

The CPI figure was released from Stats Canada on August 23 for the second quarter of 2013. As per the Collective Bargaining Agreement COLA will increase 8 cents. The new COLA rate will be 92 cents per straight time hour.

COLA went up 30 cents/hr for applicable hour worked