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Where the employee has established a breach of the collective agreement by the employer and a breach of the duty of fair representation by the union, the employer and the union must:
Business Loan
A loan specifically intended for business purposes, providing the necessary capital for start-up or expansion.
Prime Rate
The interest rate that commercial banks charge their most credit-worthy customers, often used as a reference point for various types of loans.
Rate Of Interest
The percentage at which interest is charged or paid over a specific period of time on borrowed or saved money.
Unsecured Loan
A loan that is issued and supported only by the borrower's creditworthiness, without any collateral.
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