Industry association head cites potential instability in the US over NAFTA’s future while auto and housing sectors slow.
New contract includes 2% annual wage increases, higher shift premiums, introduction of a millwright apprenticeship program.
Construction group, steelworkers union, taxpayers say it will hurt Western Canada.
Unfairly traded and subsidized steel pipe imports, and slowing pipeline demand blamed.
Steelworkers claim unwrought aluminum has decimated the American industry and jobs.
The unions will maintain their strategic alliance, which they’ve shared since 2010.
The union says AltaSteel is making extreme demands and trying to undercut union representation.
US Steel posts Q2 $79 million loss, blames labour dispute and a slow economy.
Final contract offer rejected by 70% of Steelworkers Local 8782.