The CPI figure for April was released on May 18, 2022. Per the Collective Agreement, the following calculation will apply:
January 2022 147.8
April 2022 152.4
Difference 4.6
Divide difference by .063 = $0.73
Effective May 22, 2022, COLA will be $1.72 per straight-time hour worked, as it was previously $ 0.99.