Unifor members reject mediator's recommendations, setting up strike vote at Shell [Yahoo! Finance]
Enbridge Inc (ENB)
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Source: Yahoo! Finance
for terms of settlement that would have kept the refinery workers well-below industry standards for compensation. "We have been clear from the start: Shell workers deserve wages and benefits consistent with other Unifor energy workers," said Unifor National President Lana Payne . "Local 530-A will not settle for second class status." Shell's negotiators refuse to take meaningful steps to close the gap between Local 530-A members and the Unifor industry standard, despite raking in nearly $80 billion in profit over the last two years. The war in Ukraine has sent Shell's profits skyward. The company's 2022 profit was over $55 billion globally and $27 billion globally in 2023. Shell Chief Executive Officer Wael Sawan took home at least $13 million in 2023. All figures are in Canadian dollars. "Shell is wildly profitable, and no different than the employers at other sites who have signed onto the pattern, including Suncor, Imperial, and Enbridge," said Unifor Western Regional Direc
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News
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- Yield Today, Growth Tomorrow: 3 Stocks to Keep Building Your Wealth [Yahoo! Finance Canada]Yahoo! Finance Canada
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- Enbridge Board on Balancing Climate Goals and Shareholder Value [Yahoo! Finance Canada]Yahoo! Finance Canada
- Enbridge's (ENB) Line 5 Dispute Heads to Michigan State Court [Yahoo! Finance Canada]Yahoo! Finance Canada
ENB
Earnings
- 5/10/24 - Beat
ENB
Sec Filings
- 6/21/24 - Form 11-K
- 5/15/24 - Form 8-K
- 5/15/24 - Form 424B5
- ENB's page on the SEC website