In advance of what promises to be a difficult round of collective bargaining negotiations with the Big Three this fall, the Canadian Auto Workers union (CAW) is taking aim at what it sees as the myth its members are overpaid.
In a report released Monday, the CAW said auto workers north of border are struggling with lower wages than their U.S. counterparts, when cost of living is taken into account.
Canadians' views on personal finances and job security took a hit in April following widespread coverage of layoffs in the Federal Public Service, according to a recent Nanos poll.
News of the layoffs and notifications to affected employees have likely created a job security “chill effect,” according to nanosresearch.com. It will be important to monitor this measure in order to understand whether this is a one-off event or part of a new trend.
Regardless, the current tracking on job security has registered its lowest level since Nanos began its economic tracking in 2008.