News & Events

‘Enough Is Enough,’ Steelworkers Say as Federal Government Betrays Another 1,700 Pensioners

December 17, 2015 | Media Releases

WABUSH, NL – More than 1,700 Cliffs Natural Resources pensioners learned today they will suffer a substantial loss of income because federal laws continue to protect corporations over workers and retirees, says the United Steelworkers (USW).

“Today another 1,700 families in Labrador and Quebec have been victimized by federal laws that allow corporations to break their obligations to pensioners and workers,” said Marty Warren, the USW’s Director for Atlantic Canada and Ontario.

“Enough is enough. For years we’ve called on our federal governments to stop allowing corporations to abandon their responsibilities to workers, pensioners and their communities,” Warren said.

“Canadian families need the new federal government to pass progressive legislation ensuring workers and pensioners are secured creditors in corporate bankruptcy protection cases, rather than being pushed to the back of the line. It’s only fair that working people receive the pensions and benefits they earned over careers spent generating wealth for their employers.”

The federal Office of the Superintendent of Financial Institutions and Newfoundland and Labrador’s Superintendent of Pensions jointly announced today a decision to wind up the Wabush Mines pension plans.

The decision affects 1,700 workers and pensioners in Labrador and Quebec, whose pensions will be substantially reduced, with the specific cuts to be determined in the new year.

Cliffs Natural Resources has closed its Canadian operations, which are currently under bankruptcy protection under the terms of Canadian federal legislation, the Companies’ Creditors Arrangement Act (CCAA). Earlier this year, Cliffs eliminated health and life insurance benefits for pensioners and stopped making special payments into pension funds, which were already underfunded.

“Canadian law continues to protect corporations while abandoning workers and pensioners who have to struggle to survive. Cliffs Natural Resources continues to operate in the U.S., but is allowed to walk away from its obligations to workers and pensioners in Canada,” Warren said.

Marty Warren, USW Ontario Director, 416-243-8792, mwarren@usw.ca
Euclide Haché, USW Staff Representative, 709-944-5010, 709-280-0996 ehache@usw.ca
Bob Gallagher, USW Communications, 416-544-5966, 416-434-2221, bgallagher@usw.ca

Join our newsletter

Recent news

Featured image for Workers reject Telus’s paltry contract offer

Workers reject Telus’s paltry contract offer

February 1, 2023 | Media Releases

BURNABY – In a nearly two-to-one vote, 6,800 Telus workers across Canada, represented by the United Steelworkers union Local 1944, have rejected a final offer from Telus. A 65.3% majority of the 72.7% members who voted rejected the contract offer.   “Telus workers are tired of seeing their co-workers’ jobs shipped overseas, while they are […]

Read More
Click to read the article about Workers reject Telus’s paltry contract offer
Image: Dark background with text that reads,

Directors’ Statement for Black History Month 2023

January 31, 2023 | News Articles

In our union’s proud history of promoting and supporting equality, Steelworkers celebrate Black History Month each February. We acknowledge the accomplishments of Black Canadians in society, recognize the achievements of activists in our union, and, encourage Steelworkers to continue the struggle for equality. We also know that despite advances in equality, racism has played a […]

Read More
Click to read the article about Directors’ Statement for Black History Month 2023