The CPI figure for April was released on May 16, 2023. Per the Collective Agreement, the following calculation will apply:
January 2023 156.7
April 2023 160.4
Difference 3.7
Divide difference by .063 = $0.58
Effective May 21, 2023, COLA will be $2.98 per straight-time hour worked, as it was previously $ 2.40