Industrial Dispute Looms Over CIBC FirstCaribbean International Bank

PR – The Grenada Technical and Allied Workers’ hereby advises customers of CIBC First  Caribbean International Bank and the general public that the Bank seems intent on  creating conditions for a serious industrial struggle before it departs from Grenada. 

Following the announcement of CIBC FCIB sale to Grenada Co-operative Bank, the  Union wrote seeking to address matters of urgent concern to the workers. These  matters include: 

  1. The right of the workers to elect to be transferred to Co-operative Bank or elect  to be terminated and receive severance payment. 
  2. Retroactive overtime payment owed to the workers for being illegally scheduled  to work beyond the normal workday. 
  3. Salary increases and other matters related to the Collective Labour Agreement  for the period 2019 to 2021. 

CIBC FCIB has refused to attend a rescheduled conciliation meeting set by the Labour  Commissioner for today Tuesday, November 2, 2021. 

The Grenada Technical and Allied Workers’ Union held a very successful meeting  with the workers of the Bank, and they have all given their commitment to engage in  any necessary action(s) to protect and secure their rights and benefits. 

The Union hereby reminds of the successful struggles of Bank of Nova Scotia and  RBC/RBTT (ACB) workers against the Canadian Banks bent on treating our people  with disrespect.  

GTAWU shall not allow the Canadian Banks which have taken away our resources  from the Country to run away without adequately compensating Grenadian workers.