Bank of Canada security officers protect one of Canada’s most important public institutions. Every day, they help keep the Bank safe and secure while protecting Canada’s financial system.
Their collective agreement expired in December 2024. After months of bargaining, these workers are now on strike in Ottawa and locked out in Montreal because the Bank continues to demand concessions instead of reaching a fair agreement. A resolution is within reach if the Bank withdraws these demands.
The biggest obstacle to an agreement is the Bank’s attempt to change the rules that currently give more senior employees priority when it comes to overtime and vacation scheduling. The Bank also wants to reduce maternity leave top-up benefits, leaving new families with less financial support at one of the most important moments in their lives.
The Board of Directors has a responsibility to ensure the long-term success and reputation of the Bank of Canada. Board members can encourage management to withdraw these demands and reach a fair agreement.
The people who protect the Bank of Canada deserve to be treated with fairness and respect.
Now is the time to act.