Thursday, 7 April 2011

He said What?

“Our financial and business risk outweighs our legal obligation.”

- Regina Mayor Pat Fiacco, April 6, 2011 
(Executive Committee, Regina City Council)

Ummm, Pat, wrong answer!  The United Steelworkers (USW) union has won a landmark legal decision forcing an insolvent corporation to honour pension obligations to employees.


5 comments:

Larry Hubich said...

In other words, forget about living up to our "legal pension obligation".

We have domes to build and corporate tax give aways to do.

Sask Man said...

Larry maybe you union guys ought to look in the mirror. This is a classic case of the union just wanting more, more , more with no regard for the other side, is the city 100% responsible NO, then why should the union expect them to be 100% responsible to pay? The rest of the Regina taxpayers will not pay for this, you are dreaming, wake up.

Jason said...

Right-wingers can try to spin this any way they want, but the truth is negotiated pension benefits *are* deferred wages; there is no difference between this mess (due to irresponsible contribution holidays by the city) and refusing to issue pay cheques. Thievery plain and simple.

Larry Hubich said...

This just in:

Ummm, Pat, wrong answer! 

The United Steelworkers (USW) union has won a landmark legal decision forcing an insolvent corporation to honour pension obligations to employees.

Jason said...

Kudos to Justice Gillese for standing up for sanctity of contract; CCAA protection has been abused far too often over the last couple of years by employers trying to weasel out of their legal obligations.