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(Adrian Wyld, CP) The union representing postal workers says it has presented Canada Post with new offers, and workers won’t be striking before Wednesday at the earliest.
The Canadian Union of Postal Workers must give 72 hours notice of any job action by its 50,000 members and it hasn’t done so.
Canada Post is also allowed to lock out its workers but it also hasn’t served notice of a lockout.
The two sides both say the number one sticking point in negotiations involves changes to employee pension plans.
Canada Post made new contract proposals a week ago, and on Friday, the union came forward with a counter-offer.
The union is proposing wage hikes, and rejecting Canada Post’s suggestion that new employees get a pension plan that operates like an RRSP, called defined contribution, instead of the defined benefit plan for current employees that guarantees a set level of retirement benefits.
A representative from Canada Post says in a written statement that the union’s proposed plan would add “at least $1 billion” in costs over the next three years…
Enterprise founder Jack Taylor dies at 94
– canadianbusiness.com
ST. LOUIS – Jack C. Taylor, who started a leasing company with seven cars and built it into Enterprise Rent-A-Car, died Saturday. He was 94.
Enterprise said in a statement Taylor died in St. Louis after a brief illness.
In 1957, Taylor founded Executive Leasing at a Cadillac dealership in St. Louis where he was a salesman. He rented cars to customers whose own vehicles were in the shop.
Eventually the business grew into Enterprise, which differed from competitors by allowing people to pick up and drop off cars away from airports.
Forbes magazine this year estimated Taylor’s wealth at $5.3 billion and put him 248th on its list of the richest people.
Taylor, who joined the U.S. Navy during World War II, renamed his company in 1969 for the USS Enterprise, the aircraft carrier on which he served.
Enterprise bought the Alamo and National brands in 2007 to strengthen its position in airports — Enterprise itself had begun operating at airports in 1995.
The privately held company changed its name to Enterprise Holdings Inc…
Enterprise said in a statement Taylor died in St. Louis after a brief illness.
In 1957, Taylor founded Executive Leasing at a Cadillac dealership in St. Louis where he was a salesman. He rented cars to customers whose own vehicles were in the shop.
Eventually the business grew into Enterprise, which differed from competitors by allowing people to pick up and drop off cars away from airports.
Forbes magazine this year estimated Taylor’s wealth at $5.3 billion and put him 248th on its list of the richest people.
Taylor, who joined the U.S. Navy during World War II, renamed his company in 1969 for the USS Enterprise, the aircraft carrier on which he served.
Enterprise bought the Alamo and National brands in 2007 to strengthen its position in airports — Enterprise itself had begun operating at airports in 1995.
The privately held company changed its name to Enterprise Holdings Inc…
