August 2023 COLA Memo

The CPI figure for April was released on August 15, 2023. Per the Collective Agreement, the following calculation will apply:

                         April 2023                              160.4

                        July 2023                                161.1

                        Difference                                      .7

                        Divide difference by .063 =   $0.11

Effective August 27, 2023, COLA will be $3.09 per straight-time hour worked, as it was previously $2.98.

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