ArcelorMittal Long Products Canada has announced the renewal of the three collective agreements with its employees from the Contrecoeur-East and Longueuil complexes and its offices. On 27 February 2022, ArcelorMittal Long Products Canada's 800 employees ratified, with a strong majority, the principle agreement previously recommended to them by their union executives. This positive vote puts an end to the labor disagreement that began on 2 February 2022. It ensures a return to normal operations at the Contrecoeur East and Longueuil complexes and in the offices as 28 February 2022. These new six-year collective agreements for 2022-2028 offer a wage increase of CAD 9 per hour, which represents a 26% increase in average wages. This means that by the end of the agreement, the wage at the bottom of the scale will increase from CAD 29.93 to CAD 38.93 per hour. The wage at the top of the scale will rise to CAD 49.92 per hour.They also update the improvement of some premiums and the introduction of new ones that eventually represent up to CAD 2 per hour. As for the defined benefit pension plan, it has increased significantly by CAD 9, including CAD 4 in the first year, from CAD 59 per month per year of service to CAD 68 per month per year of service at the end of the six years.The company is introducing a four-day, ten-hour schedule, new flexibility for rotating shifts and a new Saturday premium. The company is also adding new practices of compensated time and plant shutdowns practices on certain holidays.Furthermore, the increase in the amounts of various health specialists' services, the significant increase for families in life insurance and disability benefits demonstrate the importance that ArcelorMittal Long Products Canada places on the overall health of its employees.ArcelorMittal Long Products Canada employs approximately 1,900 people in Contrecoeur, Longueuil, Montréal and Hamilton. The company counts a scrap recycling and processing site, an ore reduction plant, two steel mills, three rolling mills and two wire drawing mills. The group has an annual production capacity of more than 2 million tons of steel and generates economic spinoffs of more than CAD 1 billion per year.
ArcelorMittal Long Products Canada has announced the renewal of the three collective agreements with its employees from the Contrecoeur-East and Longueuil complexes and its offices. On 27 February 2022, ArcelorMittal Long Products Canada's 800 employees ratified, with a strong majority, the principle agreement previously recommended to them by their union executives. This positive vote puts an end to the labor disagreement that began on 2 February 2022. It ensures a return to normal operations at the Contrecoeur East and Longueuil complexes and in the offices as 28 February 2022. These new six-year collective agreements for 2022-2028 offer a wage increase of CAD 9 per hour, which represents a 26% increase in average wages. This means that by the end of the agreement, the wage at the bottom of the scale will increase from CAD 29.93 to CAD 38.93 per hour. The wage at the top of the scale will rise to CAD 49.92 per hour.They also update the improvement of some premiums and the introduction of new ones that eventually represent up to CAD 2 per hour. As for the defined benefit pension plan, it has increased significantly by CAD 9, including CAD 4 in the first year, from CAD 59 per month per year of service to CAD 68 per month per year of service at the end of the six years.The company is introducing a four-day, ten-hour schedule, new flexibility for rotating shifts and a new Saturday premium. The company is also adding new practices of compensated time and plant shutdowns practices on certain holidays.Furthermore, the increase in the amounts of various health specialists' services, the significant increase for families in life insurance and disability benefits demonstrate the importance that ArcelorMittal Long Products Canada places on the overall health of its employees.ArcelorMittal Long Products Canada employs approximately 1,900 people in Contrecoeur, Longueuil, Montréal and Hamilton. The company counts a scrap recycling and processing site, an ore reduction plant, two steel mills, three rolling mills and two wire drawing mills. The group has an annual production capacity of more than 2 million tons of steel and generates economic spinoffs of more than CAD 1 billion per year.
