WINNIPEG – The belt tightening is underway at Manitoba Hydro.
Thousands of employees will not be getting raises this year.
New contracts negotiated with two of Manitoba Hydro’s big unions include a salary freeze for this year. Those contracts do include salary increases for the three years after this one. Those increases range from 1% to 1.5%.
Non-unionized employees, including the highly paid executive, will not get a raise this year either.
The Pallister government has instructed crown corporations like Manitoba Hydro to try and find savings as it deals with a billion dollar deficit.
A hydro spokesperson tells Global News this shows a commitment to manage costs and to make sure taxpayers are getting value for their dollars.
Provincial cabinet minister responsible for crown corporations, Ron Schuler, issued the following statement:
“We cannot ignore the significant fiscal challenges facing our province. Labour relations must be reflective of Manitoba’s ability to pay, not only within core government but also among our province’s crown corporations. Over 70 percent of Manitoba’s budget is allocated to public sector compensation which is why our government has committed to prudent and sustainable fiscal management and transparent budgeting. We expect the Crowns to pursue those same goals.”