Teck bonuses fuel local economy

Several million dollars could be injected into the regional economy after Teck Trail Operations handed signing bonuses to 1,300 employees.

Several million dollars could be injected into the regional economy after Teck Trail Operations handed out signing bonuses to over 1,300 employees two weeks ago.

Nelson Chamber of Commerce executive director Tom Thomson expects Nelson businesses will see some benefit from Teck workers having extra money in their pockets.

“We think of Nelson as a regional shopping centre for the smaller communities,” Thomson said.

“There are lots of Castlegar and Trail residents who come here on a fairly consistent basis for restaurants and theatrical performances.”

According to Thomson, around 100 people living in the Nelson area work for Teck on an ongoing basis.

“So even on a month-to-month basis they’re bringing money back into the community,” he said.

Six weeks ago, United Steelworkers Local 480 ratified the first installment of a five-year collective agreement, ensuring “business continuity” and “stability” in Trail with one of the best packages to date.

The first installment was paid out roughly two weeks ago, and Local 480 president Doug Jones said union members have been receiving “very positive feedback” from the community.

“Teck is doing very well right now,” Jones said.

“They’re financially in a good spot and there are a lot of good things happening around here. It’s obvious they’re going to stick around for a while and I think this [deal] stabilizes everything.”

The agreement included the first ever five-year contract with a record-breaking $10,000 signing bonus.

The contract covers 1,180 people in Local 480’s production and maintenance division, and 170 people in Local 9705 for office and technical employees.

With files from Breanne Massey and Timothy Schafer, Trail Daily Times

Just Posted

Kootenay Lake ferry labour dispute ends with ratified agreement

The deal was approved by 83 per cent of members

Selkirk music students turn up the semester-end volume

Five different ensemble student bands will take the stage on Dec. 12

CP Holiday Train returning to Nelson next week

Train will stop at Lakeside Park railway crossing on Dec. 12 at 6:30 p.m.

Nelson police searching for missing woman

Heather Gunderson hasn’t been seen since Sunday

New system to keep Nakusp-area snowmobilers, caribou from meeting

GPS tracking keeps caribou safe while opening up the backcountry for sledding

VIDEO: Federal Liberals’ throne speech welcomes opposition’s ideas

Trudeau will need NDP or Bloc support to pass legislation and survive confidence votes

VIDEO: John Lennon’s iconic Rolls Royce rolls into Vancouver Island college for checkup

Royal BC Museum, Camosun College and Coachwerks Restorations come together to care for car

VIDEO: Rockslide closes part of Highway 93 in Fairmont Hot Springs

Geotechnical team called in to do an assessment after rocks fell from hoodoos

Petition calls for appeal of ex-Burns Lake mayor’s sentence for sex assault

Prosecution service says Luke Strimbold’s case is under review

Northwest B.C. wildlife shelter rescues particularly tiny bear cub

Shelter co-founder says the cub weighs less than a third of what it should at this time of year

BC firefighters to help battle Australian bushfires

Canada sent 22 people, including 7 from B.C.

B.C. NDP touts the end of MSP premiums

Horgan, James held news conference to reiterate that people will get their last bill this month

Illicit drug deaths down, but B.C. coroner says thousands still overdose

Chief coroner Life Lapointe says province’s drug supply remains unpredictable

Trustees ask for more help after tearful meeting on B.C. school’s ‘toxic’ stench

Enforcement has ‘no teeth,’ school trustee says, while kids become sick

Most Read