Advertisement
Canada markets closed

  • S&P/TSX

    22,059.03
    -184.99 (-0.83%)
     

  • S&P 500

    5,567.19
    +30.17 (+0.54%)
     

  • DOW

    39,375.87
    +67.87 (+0.17%)
     

  • CAD/USD

    0.7332
    -0.0015 (-0.20%)
     

  • CRUDE OIL

    83.44
    -0.44 (-0.52%)
     

  • Bitcoin CAD

    78,297.12
    +812.16 (+1.05%)
     

  • CMC Crypto 200

    1,190.05
    -18.65 (-1.54%)
     

  • GOLD FUTURES

    2,399.80
    +30.40 (+1.28%)
     

  • RUSSELL 2000

    2,026.73
    -9.90 (-0.49%)
     

  • 10-Yr Bond

    4.2720
    -0.0830 (-1.91%)
     

  • NASDAQ

    18,352.76
    +164.46 (+0.90%)
     

  • VOLATILITY

    12.48
    +0.22 (+1.79%)
     

  • FTSE

    8,203.93
    -37.33 (-0.45%)
     

  • NIKKEI 225

    40,912.37
    -1.28 (-0.00%)
     

  • CAD/EUR

    0.6762
    -0.0030 (-0.44%)
     

Canadian border workers vote to ratify labor deal

Reuters
Updated ·1 min read
FILE PHOTO: Canadian border

TORONTO (Reuters) - Canadian border workers voted to ratify a labor deal, according to results released by their union on Thursday.

Of the ballots cast, 91% were in favor of the new contract, the Public Service Alliance of Canada said in a statement. The vote took place from June 20 to July 4.

About 9,000 workers had threatened to strike and while about 90% of frontline border guards are designated essential workers, according to the federal government, experts said they could have significantly slowed down border operations.

The deal includes wage increases totaling 14.8% over four years retroactive to June 2022, according to the union, as well as protections around technological changes and a requirement for managers to assess remote work requests individually and provide written responses.

(Reporting by Anna Mehler Paperny; Editing by Rod Nickel)