The following pay schedules reflect the increases in the six-year collective agreement (July 1, 2013 to June 30, 2019) between BCTF and BCPSEA [including the Economic Stability Dividend (ESD)], which were: September 1, 2014 – 2.0%; January 1, 2015 – 1.25%; May 1, 2016 – ESD – 0.45%; July 1, 2016 – 1.00%; May 1, 2017 – ESD – 0.35%; July 1, 2017 – 0.50%; May 1, 2018 – ESD 0.40 per cent – 1.00%; July 1, 2018 – 0.50%; May 1, 2019 – ESD – 0.75% – 1.00%. Investors should keep in mind that the institutions do actually own more than half of the business, which allows them to exercise considerable power together. It looks like hedge funds hold 7.3% of Invitae shares. This catches my eye because hedge funds sometimes try to influence management or make changes that create short-term value for shareholders. Our data show that ARK Investment Management LLC is the largest shareholder with 13% of the shares outstanding. The second shareholder holds about 10% of the outstanding shares, followed by a 7.3% stake in the third shareholder. The cooperation days are separate from the contractual professional development days of the collective agreement. The goal is to increase opportunities for employees to work together outside the classroom to talk and learn from each other through ideas. The recurrent frequency of these sessions allows for a continuous and sustainable focus on professional development, without students often missing out on additional full days.
For CUPE Local 389, negotiations are 100 per cent local. All issues are negotiated by local parties and are subject to ratification by local members and the North Vancouver Board of Education. There are two provincial parties that must also ratify the agreement – the Public School Employers Association (BCPSEA), which represents the province`s 60 public education bodies, and CUPE BEFORE CHRIST. By defining a period of common interaction for schools, employees have the opportunity to follow their school plans that are consistent with the North Vancouver School District`s 10-year strategic plan and the three-year operating plan. The North Vancouver Board of Education looks forward to working with our two partner unions to successfully renew our two collective agreements. These agreements apply to the Canadian Union of Public Employees (CUPE) Local 389 and the North Vancouver Teachers` Association (NVTA). Collective agreements are not designed as all-inclusive documents. On the contrary, they outline the terms of employment on which the parties have agreed.