Teamsters, probably unlike most unions, really live in a global marketplace. Though we do many things that are not global--dairy, beverage, brewery, film, all sorts of stuff--we are Canada's transportation union. Every boat that shows up in the Vancouver, Halifax, and Montreal docks is yet another teamster's job.
To be quite honest with you, companies will choose to move global or not, depending on many factors, and I don't believe pensions are going to be one of them. The issue is that having made a promise and a commitment and taken the wages of workers...because there's no such thing as a corporate contribution. It's workers' contributions. It's part of the pay package. The argument is more about what we do with that money when they get it. Do we continue to use it to build a company? For example, do we take holidays, do we avoid doing it? The big thing they were doing was taking riskier investments to boost the value of their plan, as we found out in 2005 and 2009.
Do I think it would be imminent? No. But to go to the root question that I think you're raising, and I raised this last time, you might be talking about an issue of cap and phase-in rather than imminent.