The Council of Unions was established to represent the interests of the unionized employees of Air Canada during a turbulent time that included pension insolvency. Leaders from each of Air Canada’s unions – the Air Canada Pilots Association (ACPA); Canadian Airline Dispatchers Association (CALDA); Canadian Union of Public Employees (CUPE) – Air Canada Component; the International Association of Machinists and Aerospace Workers (IAMAW); and Unifor – meet to discuss issues of common concern, including the Share Trust.
The 2009 Share Trust Agreement is a multiparty agreement created during the pension moratorium between Air Canada and its five Unions that governs a block of shares held in a restricted use, single joint trust account.
Access previous Share Trust Updates from the Council of Unions through the links below:
- 2009 Share Trust Agreement Update #5
- 2009 Share Trust Agreement Update #4
- 2009 Share Trust Agreement Update #3
- 2009 Share Trust Agreement Update #2
- 2009 Share Trust Agreement Update #1
In solidarity,
Charlene Hudy, MEC Chair, Air Canada Pilots, ALPA
Wesley Lesosky, Component President, Air Canada Component of CUPE & President, Airline Division of CUPE
Frances Galambosy, National Representative, UNIFOR
Dave Flowers, President & Directing General Chairperson District 140, IAMAW
Ken Yakiwchuk, Council Chair, Canadian Airline Dispatchers Association (CALDA)
Tammy Moore, President Unifor Local 2002