Brink's Bargaining Background

• 66K employees
• Net Profit: 3.46%
• Revenue: $5B
• Net Income: $162.9M
• Dividend: $0.95USD/Share (+10% 2024)
• Forecast: Positive Growth
• Earnings statement: May 12, 2025

• Federal: FINTRAC, PAL
• Unifor Members: 1400
• Other unions: Teamsters (~2000), CUPE (~800)
• Companies: Brinks, Garda, B&L Security, independent operators

• Related classification NOC 64410

  • Armoured car drivers, security guards, screening officers, corporate security, commissionaire, postal inspection.

TD Economics outlines the BoC's own favour version of CPI is not falling fast:

Progress in a decline towards the target rate of 2% has stalled. The BoC Inflation (average of CPI-Trim and CPI-Median) is 2.8 for 2025, 2.2 for 2026 and then returning to target.

RBC outlines:

Bank of Canada preferred inflation measure grew unexpectedly in February above 3% and firms surveyed indicated they expect inflation to rise if tariffs are imposed (which they have been).

The Bank of Canada itself has outlined that consumer expectations of inflation are at minimum 3% for one year ahead.

Graph from Bank of Canada's consumer expectations of inflation is attached.

These estimates are before the escalation of the global trade war launched by USA President Trump. Inflation expectations since have skyrocketed along with recession fears.

Unifor's Settlements Road Transportation:

• 2024: ~4%
• 2025: above 3%.

Statistics Canada February Wholesale, Trade

• Canada: 1.6%
• Ontario: 2.1%
• Quebec: 2.5%
• BC: -0.3%

• Federal regulations on recruitment
• Clarify comparisons in NOC Job Bank
• UPS Health
• Safety Regulations
• Surveillance vs Security