Members of Unifor protested outside the Northstar Aerospace plant in Milton in an ongoing dispute over the funded status of the company’s pension plan.
The protesters demanded that “the company fund a 24 per cent pension shortfall for Northstar retirees before the plant closes at the end of the month,” reports Canadian Manufacturing (CM). Last week union members protested outside the Wynnchurch Capital office, the equity firm that controls Northstar, in downtown Toronto.
Close to 200 members rallied outside the Milton plan last Thursday. The union holds that the company has “the financial resources to (cover the deficit) and is ethically obligated to support its workers,” reports CM, and says the deficit will cause retirees to lose more than $200 a month.
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