A fight for rights: autoworkers get ready to take on the Big Three

Article Abstract:

The Canadian Auto Workers' current contract expires on Sep 14, 1996, and the union's president Buzz Hargrove has been amassing a $50 million strike fund in case negotiations falter. The union is seeking strict limits on outsourcing and the right to veto certain executive decisions.

Negotiation, mediation and arbitration, Automobile industry, General Motors of Canada Ltd., Ford Motor Company of Canada Ltd., Canadian Auto Workers, Chrysler Canada Inc.

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The price of credit: lower-rate cards offer consumers an option

Article Abstract:

Some Canadian banks have introduced low-rate credit cards in response to widespread criticism that average rates of 17.5% border on usury. However, the new cards may not be right for everyone. Consumers who typically pay their balances in full would not benefit from switching.

Economic aspects, Prices and rates, Interest rates, Credit and debit card industry, Credit card industry, Consumer credit

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Turning up the volume

Article Abstract:

The friendly asset swap deal between Videotron and CFCF was progressing without any trouble until Louis Audet, head of Cogeco Inc, made a counter offer. Cogeco and Videotron are now raising the stakes in bids to buy all of CFCF.

Mergers, acquisitions and divestments, Cable television broadcasting industry, Le Groupe Videotron Ltee., Cogeco Inc., CFCF Inc.

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