That contract Steelworkers in Port Colborne and Sudbury signed with Vale, is pretty lucrative. The five year deal includes a $4,500 signing bonus for workers. Wages increase $2.20 over the life of the deal and pensions were also improved. By the time the contract ends, the monthly pension for a 30-year Vale worker will be nearly $3,800 dollars. Most miners turned out for the ratification and voted heavily in favour of the deal.
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