2012 - Teamsters Local 464 News

Teamsters Local Union No. 464 is proud to announce that one of the winners of the $10,000 scholarship for 2011/12 was the daughter of our Shop Steward Drew Speirs. Congratulations to Jamie Speirs!

Jamie maintained an A average throughout high school and was on the honour roll every semester.

To learn more about the scholarships Teamsters members are eligible for click here. 

No contest when it comes to pay

TORONTO - The highest paid 100 CEOs on Canada’s TSX Index had reason to cheer the New Year: By noon January 3, they had already pocketed $44,366 – what it takes the average wage earner an entire year to make.

The Canadian Centre for Policy Alternatives’ (CCPA) annual look at CEO compensation reveals Canada’s Elite 100 CEOs pocketed an average $8.38 million in 2010 – a 27% increase over the average $6.6 million they took in 2009.

In contrast, after taking inflation into account, the average worker’s weekly earnings are lower now than they were during the worst of...

Once again, the middle class must pay!

The Teamsters Union is opposed to the federal government-imposed hike in EI contributions, which took effect on January 1 of this year – the second consecutive annual increase. As a result of this rate hike, the average worker will now pay almost $100 more in contributions over 2010.

“Once again, the middle class must bear the brunt of government decisions,” declared Teamsters Canada President Robert Bouvier. “Is this increase – which will only make workers more impoverished – reasonable?”

CEO salaries are subsidized

Canadians will now be caught between a...