Minutes of the Finance Committee Meeting

Finance Committee
Minutes of the Finance Committee Meeting
May 6, 2025

ATTENDED:  Doug Gaetz – Chair and 1st National Vice-President, Cosimo Crupi – Co-Chair and RVP-Northern and Eastern Ontario, Jérôme Martel– Co-Chair and RVP-Quebec, Ken Bye – Presidents’ Representative, Local 00052 Barrie, Liam Merrigan – UTE Staff and Advisor.

  1. Review the per diem rates 

The committee reviewed the current UTE per diem rates and recommended the following changes:

 

NJC

UTE

Recommended
 

(1 Apr 25)

   
Breakfast

      28.40 

        30.00 

                    35.00 

Lunch

      27.40 

        40.00 

                    45.00 

Supper

      57.70 

        55.00 

                    55.00 

Incidentals

      17.30 

               -   

                           -   

Total

    130.80 

     125.00 

                 135.00 

Motion that the new rates will be sent to June 2025 Executive Council meeting.

  1. Investments

    The committee reviewed the investments which are performing very well.