CAW, Ford reach deal

St. Thomas plant to close but Oakville will get new ve­hi­cles

The Guardian (Charlottetown) - - Business -

Your will es­tab­lishes who will re­ceive your be­quests af­ter you die. It also in­cludes the name of the per­son you have se­lected to be your ex­ecu­tor (or per­sonal rep­re­sen­ta­tive) — the per­son who will be legally re­spon­si­ble for car­ry­ing out your wishes as set out in your will. But what hap­pens if you be­come in­ca­pac­i­tated prior to your death?

Your will has no ef­fect in that case – so you need an­other form of pro­tec­tion and di­rec­tion — and that’s what a power of at­tor­ney for prop­erty does. You se­lect your at­tor­ney for prop­erty (it can be the per­son you named as ex­ecu­tor or some­one else) who will act on your be­half in re­spect of your fi­nances. The pow­ers granted to an at­tor­ney for prop­erty vary ac­cord­ing to your prov­ince/ter­ri­tory and the terms of the doc­u­ment.

They gen­er­ally in­clude pay­ing your bills, manag­ing your real es­tate and other in­vest­ments, fil­ing your tax re­turns and pay­ing your taxes, sign­ing doc­u­ments on your be­half, mort­gag­ing or sell­ing your home, and manag­ing your ac­counts, safety de­posit boxes and other bank­ing needs.

Power of at­tor­ney for per­sonal care

Some­times called a health-care proxy, a health care di­rec­tive, or liv­ing will, your power of at­tor­ney for per­sonal care is your sub­sti­tute de­ci­sion-maker for your wishes re­gard­ing your fu­ture health or med­i­cal care in­clud­ing giv­ing or re­fus­ing con­sent to spec­i­fied kinds of treat­ment such as say­ing yes or no to life sup­port treat­ment that would ar­ti­fi­cially sus­tain or pro­long life.

Most prov­inces now have leg­is­la­tion al­low­ing the des­ig­na­tion of a power of at­tor­ney for per­sonal care but not all pro­vide that the de­ci­sions of the proxy are ‘ bind­ing’.

Even in ju­ris­dic­tions where the de­ci­sions of the proxy are bind­ing, it can be over­rid­den by cer­tain cir- cum­stances such as med­i­cal or tech­no­log­i­cal ad­vances that ren­der an in­struc­tion in­ap­pro­pri­ate.

You should draft your pow­ers of at­tor­ney very care­fully, in ac­cor­dance with your pre­cise wishes and pro­vin­cial/ter­ri­to­rial leg­is­la­tion.

In­clude your lawyer in their prepa­ra­tion — and your fam­ily physi­cian for your liv­ing will — and make your pro­fes­sional ad­viser a part of your team — the quar­ter­back who will make sure all your es­tate plan­ning strate­gies make sense for you. TORONTO — The Cana­dian Auto Work­ers union has reached a cost-cut­ting deal with Ford Canada that will give the com­pany lower op­er­at­ing costs and guar­an­tee two new ve­hi­cle pro­grams for the au­tomaker’s ma­jor Cana­dian as­sem­bly plant just west of Toronto.

How­ever, the deal will also see Ford go ahead with plans an­nounced ear­lier to close its 1,400-em­ployee plant in St. Thomas, Ont., which makes full-sized cars no longer in de­mand.

“De­spite years of ef­forts by our union... de­spite lobby, de­spite protest, de­spite hard work and first-class qual­ity and pro­duc­tiv­ity, de­spite all that, Ford is in­sist­ing the St. Thomas plant will close in Septem­ber 2011,” CAW pres­i­dent Ken Lewenza told a news con­fer­ence an­nounc­ing the deal Fri­day.

How­ever, he added that the union ne­go­ti­ated “the best pos­si­ble clo­sure pack­age they could” for St. Thomas em­ploy­ees, which will cost Ford ap­prox­i­mately $400 mil­lion. In ad­di­tion, early re­tire­ments will be of­fered to se­nior em­ploy­ees at other plants be­tween now and 2011 in an at­tempt to open up po­si­tions for younger St. Thomas work­ers.

Ford said it wouldn’t com­ment on the agree­ment un­til af­ter em­ploy­ees vote on it this week­end, say­ing only that it “would help Ford im­prove its com­pet­i­tive­ness in Canada.”

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