Nearly 475 unionized CAE Inc. employees in Montreal return to work Thursday after voting in favour of a new contract.
Unifor Local 522 says its members voted 83 per cent this week to accept a tentative agreement with the flight simulator and training company.
READ MORE: CAE cuts 350 jobs, mostly in Montreal
Get weekly money news
The union says the new deal will run for four years, with a possible one-year extension upon completion of $7 million investment in the company’s Saint-Laurent, Que. factory.
The agreement includes a salary increase of 14.5 per cent over the life of the contract.
READ MORE: Bombardier sells NATO Flying Training in Canada to CAE for $19.8M
Unifor Quebec director Renaud Gagné says the company’s offer was 11.5 per cent when a strike began last month.
The strike began on June 22 after the workers rejecting a company offer by 93 per cent.
Comments