The CPI figure for July was released on August 16, 2022. Per the Collective Agreement, the following calculation will apply:
April 2022 152.4
July 2022 156.4
Difference 4.0
Divide difference by .063 = $0.63
Effective August 28, 2022, COLA will be $2.35 per straight-time hour worked, as it was previously $ 1.72