Bargaining Update Care West

Bargaining Update Care West

Bargaining Update - Local 048/008, 009, 010 Care West GSS

On March 29, your bargaining committee met with the employer to exchange initial bargaining proposals for a new collective bargaining agreement.

A second day of bargaining is scheduled for April 19.

Your bargaining committee will provide a detailed summary following the April 19 meeting with Care West.

Please do not hesitate to contact any member of your bargaining committee with your questions, comments or concerns.

Your bargaining committee is:

Lesley Bateman – Glenmore Park
Bev Pierce – George Boyack
Kris Kovatch – Maintenance Services

Kevin Davediuk
AUPE Staff Negotiator
(780) 930-3300 or toll-free
1-800-232-7284 (press 1)
k.davediuk@aupe.org

1 comment (Add your own)

1. Prince wrote:
it is simply pcnirig in a repeat of the experience of the past decade And that is indeed a very optimistic scenario when you consider that the next decade will be very different. It will be about deleveraging or the attempt to deleverage in the case of governments, possibly monetary inflation (Bernanke seems pretty determined to push it up) and rising commodity prices, a story of production not keeping pace with soaring demand from emerging markets.But maybe bond market aren t pcnirig in anything particular, these are after all strange times. It might be that at this juncture it s just a case of investors seeking refuge in what they believe to be safest due to the ongoing economic uncertainty. How many buyers of 10-year bonds really intend to keep them until maturity on yields of around 3%? besides the world moves on and changes as do markets. My feeling is that once investors are again confident about the economy and who knowns when that will happen they will probably flock back to equities or commodities (with the prospect of growth) and dump low yielding fixed income securities, which probably don t have that much further on the upside, unless we appear to be heading back to oblivion again, then you could see 10-yr yields down to 2% or lower, at least for a while. One thing that almost seems certain is that buying sovereign fixed income investments now is risky, probably as risky as equities, because we re at the bottom of the interest rate / inflation cycle (in the US at least) again who knows when it will turn but when it does they could have a long way to fall. A 10-yr quality sov bond yielding 5-6% in 2-4 years from now doesn t seem beyond the realms of reality! That would also be a big capital loss for anyone who bought those bonds recently..

Sat, July 7, 2012 @ 2:52 PM

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