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The deal runs from April 15, 2026 to April 14, 2030 and includes wage increases of roughly 3.5 to 4 per cent annually across most classifications, plus updates to benefits, pensions and scheduling.
At a glance
- Union: International Association of Machinists and Aerospace Workers (IAM), Vancouver Local 692
- Employer: Finning (Canada), a Division of Finning International Inc.
- Province: British Columbia and the Yukon
- Term: April 15, 2026 – April 14, 2030
- Top wage: Chargehand (Service Operations Department) — $62.52/hour rising to $69.99/hour by April 2029
- Vacation: Ranges from two weeks (4% of gross earnings) after one year of service to seven weeks (14%) after 29-plus years, with graduated steps at 7, 13, 18, 22, 24, 26 and 28 years
- Benefits: Company pays 100% of medical, dental and vision premiums, plus life insurance, short- and long-term disability coverage, and pension contributions
Wages
The agreement sets out multiple wage schedules covering the Service Operations, Parts, Tool Lab, Component Shop and TCRS (The Cat Rental Store) divisions, along with apprentice progression grids.
Schedule A — Service Operations Department
| Classification | Apr. 15/26 | Apr. 15/27 | Apr. 15/28 | Apr. 15/29 |
|---|---|---|---|---|
| Chargehand | $62.52 | $64.71 | $67.29 | $69.99 |
| Gas Compression Technician | $60.88 | $63.01 | $65.53 | $68.15 |
| Resident | $60.88 | $63.01 | $65.53 | $68.15 |
| Journeyperson | $55.84 | $57.79 | $60.10 | $62.51 |
| Estimator | $55.84 | $57.79 | $60.10 | $62.51 |
| Specialist | $52.35 | $54.18 | $56.35 | $58.60 |
| Ticketed Maintenance Person | $55.84 | $57.79 | $60.10 | $62.51 |
| Maintenance Assistant | $45.55 | $47.14 | $49.03 | $50.99 |
| Equipment Operator | $47.00 | $48.65 | $50.60 | $52.62 |
| Tool Room Attendant | $37.05 | $38.35 | $39.88 | $41.48 |
| Journeyperson Helper | $34.74 | $35.96 | $37.40 | $38.89 |
| Student | $24.23 | $25.07 | $26.08 | $27.12 |
Premiums layered on top of base rates include a $2.55/hour remote mine site field rate, a $3.55/hour branch field rate for employees working off company premises, a $3.00/hour underground work premium, a 5% Leadhand premium, shift differentials of $3.00 (second shift) and $5.10 (third shift), and a $3.25/hour dual-ticket premium.
Schedule C — Parts Department
| Classification | Apr. 15/26 | Apr. 15/27 | Apr. 15/28 | Apr. 15/29 |
|---|---|---|---|---|
| Chargehand | $58.44 | $60.49 | $62.91 | $65.42 |
| Journeyperson Partsperson | $52.17 | $53.99 | $56.15 | $58.40 |
Warehouse classification (flat rate, April 15, 2026 – April 14, 2030):
| Classification | Rate |
|---|---|
| Warehouseperson Chargehand | $46.08 |
| Parts Warehouseperson | $41.16 |
| 31–36 months | $38.37 |
| 25–30 months | $35.87 |
| 19–24 months | $33.45 |
| 13–18 months | $31.33 |
| 7–12 months | $30.29 |
| 0–6 months | $29.26 |
| Students | $23.45 |
A $2,500 annual lump-sum payment (in lieu of wage increases) is payable in 2026, 2027, 2028 and 2029 to warehouse-classification employees as of ratification; students and part-time staff are excluded.
Schedule D — Tool Lab
| Classification | Apr. 15/26 | Apr. 15/27 | Apr. 15/28 | Apr. 15/29 |
|---|---|---|---|---|
| Tool Lab Chargehand | $55.68 | $57.63 | $59.94 | $62.33 |
| Tool Lab Technician | $49.72 | $51.46 | $53.52 | $55.66 |
| Tool Lab Calibrator Level 2 | $43.41 | $44.93 | $46.72 | $48.59 |
| Tool Lab Calibrator Level 1 | $40.20 | $41.61 | $43.28 | $45.01 |
| Tool Lab Assistant – 1 year | $37.05 | $38.35 | $39.88 | $41.48 |
Schedule F — Component Shops
| Classification | Apr. 15/26 | Apr. 15/27 | Apr. 15/28 | Apr. 15/29 |
|---|---|---|---|---|
| Component Exchange Specialist – 25+ months | $50.25 | $52.01 | $54.09 | $56.25 |
| Component Exchange Specialist – 13-24 months | $45.22 | $46.81 | $48.68 | $50.63 |
| Component Exchange Specialist – 0-12 months | $40.21 | $41.61 | $43.28 | $45.01 |
| Component Disassembly Specialist | $39.09 | $40.46 | $42.08 | $43.76 |
Schedule G — TCRS Interior/South and Schedule H — TCRS North
| Classification (TCRS Interior/South) | Apr. 15/26 | Apr. 15/27 | Apr. 15/28 | Apr. 15/29 |
|---|---|---|---|---|
| Journeyperson | $46.80 | $48.44 | $50.38 | $52.39 |
| Journeyperson Parts Technician | $42.13 | $43.60 | $45.35 | $47.16 |
| Driver – Class 1 | $37.50 | $38.82 | $40.37 | $41.98 |
| Classification (TCRS North — Prince George, Terrace, Fort St. John) | Apr. 15/26 | Apr. 15/27 | Apr. 15/28 | Apr. 15/29 |
|---|---|---|---|---|
| Journeyperson | $51.81 | $53.62 | $55.77 | $58.00 |
| Journeyperson Parts Technician | $46.62 | $48.25 | $50.18 | $52.19 |
| Driver – Class 1 | $38.94 | $40.30 | $41.91 | $43.59 |
Schedule I — Preventative Maintenance
| Classification | Apr. 15/26 | Apr. 15/27 | Apr. 15/28 | Apr. 15/29 |
|---|---|---|---|---|
| PM Specialist – 25+ months | $45.97 | $47.58 | $49.48 | $51.46 |
| PM Specialist – 13-24 months | $41.37 | $42.82 | $44.53 | $46.31 |
| PM Specialist – 0-12 months | $36.78 | $38.07 | $39.59 | $41.17 |
Apprentices (Schedule B) progress through eight periods (Service trades) or six periods (Parts) tied to accrued hours, moving from 50% to 90% of the journeyperson rate before reaching full Journeyperson pay upon Red Seal certification.
Benefits
- Medical: Company pays 100% of provincial medical and extended health premiums, including a $350 vision care benefit per family member every 24 months and up to $120 in eye-exam coverage every 24 months.
- Dental: Fully company-paid dental plan through Sun Life — 100% coverage for basic dental and white fillings, 80% for prosthetics, crowns and bridges (new hires qualify after one year), plus orthodontic coverage up to a $3,000 lifetime maximum after one year of service.
- Life and disability insurance: $120,000 Group Life and Accidental Death & Dismemberment coverage, fully company-paid; Short-Term Disability at 70% of base wage; Long-Term Disability benefit of $2,500/month (employees pay 100% of the LTD premium).
- Pension: Existing Defined Benefit Plan participants continue in that plan; other employees participate in the Machinists Pension Plan, Local 692, with a minimum 6% employer contribution and an option for employees to voluntarily contribute up to 8%, matched by the employer at up to 1%. The agreement also winds down the legacy Sun Life pension, letting affected employees transfer assets to a locked-in RRSP or another qualifying plan.
- Tool insurance and allowances: Minimum $200 tool-loss reimbursement (no maximum), a $750 annual tool allowance for journeypersons, machinists, electricians, apprentices and specialists, $200 for welders, plus safety boot ($300/year), safety glasses and other PPE provisions.
- Travel/emergency coverage: Company-paid blanket Emergency Travel Assistance policy.
Hours, Overtime & Scheduling
- Standard schedules: Five eight-hour shifts (40 hours/week, Monday–Friday); four ten-hour shifts (40 hours over four consecutive days); or 12-hour continuous shifts averaging 42 hours/week over a full rotation.
- Shift premiums: $3.00/hour for a second shift; $5.10/hour for a third shift; $1.15/hour for a Tuesday-to-Saturday work week (Schedule E).
- Overtime: Time worked beyond standard hours is paid at double time. Double time also applies to all Saturday/Sunday work, Statutory Holidays, and Mondays following a Tuesday-to-Saturday work week.
- Overtime banking: Employees can bank overtime hours (up to 300 hours) instead of being paid out, usable for time off, vacation extension, or family/personal leave with 48 hours’ notice; banked hours cannot be used as sick time.
- Call time: Minimum three hours’ pay at double time for call-outs after a regular shift; minimum four hours at double time for call-ins on scheduled days off or Statutory Holidays.
- Shift change notice: 48 hours’ notice required for shift transfers; one week’s notice for schedule changes affecting days of rest; warehouse/RDC schedules posted monthly.
- Meal breaks: Minimum 30-minute unpaid meal period; a paid meal (or $20 in lieu) is provided when shifts extend beyond 10 hours.
Leaves & Time Off
Vacation Entitlement
| Years of Service | Weeks | % of Gross Earnings |
|---|---|---|
| 1 year | 2 weeks | 4% |
| 2 years | 3 weeks | 6% |
| 7 years | 4 weeks | 8% |
| 13 years | 5 weeks | 10% |
| 18 years | 6 weeks | 12% |
| 22 years | 6 weeks + 1 day | 12.4% |
| 24 years | 6 weeks + 2 days | 12.8% |
| 26 years | 6 weeks + 3 days | 13.2% |
| 28 years | 6 weeks + 4 days | 13.6% |
| 29+ years | 7 weeks | 14% |
Employees may request two consecutive weeks in the “prime time” summer period (June 15 – September 15) by notifying the company by March 1; seniority governs early requests, with later requests handled first-come, first-served.
Paid Holidays
| Holidays Covered |
|---|
| New Year’s Day |
| Family Day (BC) |
| Good Friday |
| Easter Monday |
| Victoria Day |
| National Aboriginal Day (Yukon) |
| Canada Day |
| 1st Monday in August (3rd Monday in Yukon) |
| Labour Day |
| National Day of Truth & Reconciliation |
| Thanksgiving Day |
| Remembrance Day |
| Christmas Eve |
| Christmas Day |
| Boxing Day |
Employees receive eight hours’ pay at straight time for each holiday, in addition to any wages earned for work actually performed on the day.
Other leaves
- Sick leave: Five hours accrued per month (eight-hour shift employees) up to a 48-hour annual maximum, with higher accrual rates for 10- and 12-hour shift employees; unused leave carries over up to 25 days (50 days for employees grandfathered under the 2003–2006 retention bank).
- Bereavement leave: Five days’ paid leave for a death in the immediate family (reduced to one day if the employee does not attend services); sick leave may also be used for compassionate purposes.
- Jury duty: Employees called for jury duty or as a Crown witness are excused from their shift, with the company topping up the difference between jury/witness fees and regular wages.
- Leave of absence for extended vacation: Employees with more than five years’ seniority may apply for up to six months of unpaid leave (once every five years) to extend a vacation, with continued medical coverage available by prepaying half the premium.
- Layoff and recall protections: Seniority and recall rights are retained for 12 months following layoff; medical/dental coverage continues to the end of the following month.
Other Highlights
- Job security, layoff & recall: Layoffs generally follow reverse seniority (students, casual labourers, and Parts-department part-timers laid off first), with recall rights retained for 12 months. Recalled employees are guaranteed at least one week of work, and the company must make reasonable efforts to contact the most senior laid-off employee by phone or registered letter.
- Severance: Employees permanently laid off or terminated (without cause) receive two weeks’ severance/notice for six months to two years of service, plus one additional week per year of service to a maximum of 16 weeks. In the event of facility closure, severance can reach three weeks per year of service, up to a maximum of 104 weeks, and the company must give the union at least 60 days’ written notice.
- Grievance & arbitration procedure: A three-step internal grievance process (supervisor, branch management, then HR/senior management) is followed by referral to arbitration if unresolved; arbitrators are selected from lists nominated by each party, with authority to reinstate employees found to have been unjustly suspended, discharged or laid off.
- Health & safety obligations: The company supplies and maintains PPE (hard hats, safety glasses, safety boots, gloves, respirators, earplugs), maintains a Joint Safety Committee (per Letter of Understanding #5), and commits to maintaining shop temperatures above 10°C and providing heat/shelter for outdoor work below -30°C.
- Non-discrimination and harassment: The agreement states that harassment “will not be tolerated in the workplace” and that both parties will jointly cooperate to resolve complaints confidentially; discrimination claims (as defined under the BC Human Rights Code) may proceed through the grievance procedure even during probation.
Source Document
Read the full collective agreement (PDF)
Tags (to be added in WordPress)
- NAICS Code: 417310 — Construction, Mining and Industrial Machinery and Equipment Merchant Wholesalers
- Union: International Association of Machinists and Aerospace Workers (IAM), Local 692
- Employer: Finning (Canada), a Division of Finning International Inc.
- Province: British Columbia / Yukon
