Skip to content

Cargill Reaches Tentative Deal with Union for Canadian Plant

  • Offer includes 21% wage increase over the life of contract
  • Union members to vote on deal as Dec. 6 strike deadline looms
Bloomberg business news
Cargill CEO Rejects Price Manipulation by Meat Industry Claims
Updated on

U.S. meatpacking giant Cargill Inc. reached a tentative deal with the union representing about 2,000 workers at one of Canada’s biggest beef plants, bringing the sides closer to averting a strike that threatens to disrupt the country’s meat supply.

The offer includes retroactive pay, signing bonuses and a 21% wage increase over the life of the contract for union workers at Cargill’s beef processing plant in High River, Alberta, the company said Wednesday in an emailed statement. The agreement, negotiated as a Dec. 6 strike deadline loomed, needs to be approved by the workers in a vote scheduled from Thursday through Saturday.