Dear members of the community,
The workers at Vale-Inco have done everything we could to
avoid a strike.
We know how hard this will be on our members and on our
communities. Equally, we also know how hard it would be on our
members and their communities if we had accepted the company’s
demands for dramatic long-term restructuring and cuts to how we are
compensated.
This round of bargaining has been nothing like the past
negotiations with Inco. Vale, the new owner who currently is a
massively profitable multinational from Brazil, has chosen to use
the current economic conditions as simply an excuse to extract deep
long-term cuts with little regard for maintaining the family
incomes that sustain our communities.
The fact is that in the past two years, Vale has extracted
twice as much profit from Ontario, as Inco had in the previous 10
years.
We understand these are very difficult economic times, and
we let this fact guide us during the entire negotiating process.
However, Vale’s focus has not been on trying to find ways to get
through these difficult times. (Given they have $22 Billion US of
cash assets on hand, you can see why they are not as concerned
about this issue as we thought they would be.)
Rather, their main focus has been on dramatically reducing a
benefit that does not pay a single cent now (or in any economic
hard time).
The nickel bonus is an innovative mechanism developed by
Inco and USW to allow workers to partially benefit in good times
and to help protect the company in bad times. The fact that Vale is
attacking this benefit (that currently pays nothing) shows they are
not motivated by the current economic situation.
Vale would rather use this moment to attack a fair mechanism
knowing that good times will eventually return.
At the same time, it appears Vale is quite willing to give
its senior executives a share of the profits now. Total
compensation to the top six Vale executives increased by 120% in
the last two years (from 2006 to 2008).
Still Vale insists they need to radically impose these
concessions from their Canadian workers.
We believe that every person who lives or works in the
communities of Sudbury, Port Colborne and Voisey’s Bay should
recognize that the health and viability of their community is being
threatened.
The question is not whether Vale Inco can survive this
economic recession. Their profits answer that question. The real
question is whether our communities will have the crucial
middle-class family incomes when we eventually come out of this
recession.
For Canada, the question is whether our natural resources,
and the hard and dangerous jobs involved in their extraction, can
provide the reliable and hardworking families a middle-class
compensation.
For foreign companies to extract those Canadian resources
and reap such substantial profits, but not provide our families and
communities with hard-working secure incomes is just not
right.
We ask for, and appreciate, your support.
Respectfully,
USW locals 6500, 6200 and 6480
Find
out the facts...
To learn more about the campaign to protect the future of the
workers in Vale Inco you can view a short report on You Tube :
Latest News
You can keep up to date on the developments in the Vale Inco
strike action on the website: www.fairdealnow.ca
Donate
Donations can be sent to the local union branches. Cheques can
be made out to "USW" or "USW Local ___".
The addresses for each local branch are listed on the
'Show Your Support'
page.