Optimisitic… But Cautious
On Friday ACTRA and the CFTPA reached a tentative agreement on a new IPA. The tentative agreement includes a 10 per cent compensation agreement; new terms on the internet; and a number of other agreed points.
Late Friday the CFTPA reported that this agreement, which was built around a set of proposals advanced by the CFTPA itself during federal mediation, had not yet been endorsed by the US studios who are being represented by the CFTPA in these talks.
ACTRA’s negotiating committee is cautiously optimistic that remaining questions from US studios about settlement proposals put forward by their own bargaining agent (the CFTPA) in these federally-mediated negotiations will be addressed as the agreement is finalized in coming days.
The agreement provides members with a 10 per cent pay increase over the next three years.
But given how this has all gone so far, “cautious” as well as “optimism” are both appropriate.
ACTRA and the CFTPA will meet first thing Monday morning to complete the details of the terms of settlement and to discuss next steps.
We’ll keep members posted.
All interim agreements remain in force. ACTRA’s job action remains in effect until the terms of settlement are finalized.