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Subcommittee on the Automotive Industry in Canada committee  Yes, and the argument has been that since the automakers' credit arms are in trouble, the banks do the leasing business. But the problem is the terms of that leasing business will be aimed not at selling vehicles but more at making money for the lending institutions. There's no

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  Our practice at CAW is that the salary of both our staff and our leadership is tied directly to what the wages and benefits of our auto workers in the big three make. When they take a pay freeze, we take a pay freeze; when they give up a week's vacation, we give up a week's vacat

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  Again, as we said earlier, it's hard for us to put a specific number on the final bottom-line value of those concessions. Whatever it is that happens to our members in the auto plants will also happen to the staff and leadership of the union.

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  That might be an argument for not buying a car. Saying “auto workers make too much money and have too generous a pension, so, forget it, I'm going to ride a bike” is not an argument for not buying a CAW-made car, because pension and benefits in Japan, in Germany, and in the Unite

March 9th, 2009Committee meeting

Dr. Jim Stanford

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  I'll have to confirm this with our contract, and I'd be glad to get back to the clerk with the detailed schedule. After 20 years I believe you are entitled to five weeks, and that will consist of four weeks of regular vacation and one week of this scheduled vacation, or what you

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  Those funds have been diverted to help pay for the retiree health costs.

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  We have negotiated a non-contributory pension system over the years whereby the employer pays the full premium into the plan, and this is something that goes on during collective bargaining. We negotiate an overall labour cost and then different portions of it are allocated to di

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  Compared to Europe, the North American pattern in terms of benefits and vacation and those kinds of social programs is less developed than it is in Europe. Europeans have significantly more paid time off than we do. They have valued that as a desirable social goal, as well as ref

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  I have just a couple of points. First of all, the starting wage is not $33.50; it's about $24. We have a very aggressive wage grow-in period. For an assembler, the top wage, once you've gone through that grow-in period, would be about $33.50 or $34. We have about 15 statutory h

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  It's in the old one. We didn't change the statutory holiday entitlement. Sometimes it depends on where the Christmas break falls, but on average it's 15.

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  There could be, but it's 15. The key point is the overall total labour cost compensation, and I think there's a lot of misunderstanding about that. You hear the number of $70 an hour.

March 9th, 2009Committee meeting

Dr. Jim Stanford

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  I apologize. That's 60 hours of paid vacation--a week and a half of paid vacation on top of the statutory holidays. The scheduled vacation is an additional 40 hours, so there would be 100 hours of vacation and scheduled vacation.

March 9th, 2009Committee meeting

Dr. Jim Stanford

Subcommittee on the Automotive Industry in Canada committee  That's what I just included. The 60 hours is the regular vacation and then 40 hours is the scheduled vacation.

March 9th, 2009Committee meeting

Dr. Jim Stanford