The initial agreement was reached amid a strike by the Central Bank of Ukraine

On Jan. 27, one of CBU’s two faculty unions went on strike, canceling most classes. The institution has a huge number of international students, two-thirds of the 5,900 students come from abroad.

Across Canada, rising food and housing prices over the past two years have eroded purchasing power, with inflation currently running at more than 6% a year — prompting a Cape Breton union to demand a 14% wage increase over two years.

Details of the final agreement have not yet been released.

“I am glad that the faculty and the university were able to reach a relatively quick and mutually beneficial agreement”

“At CBU, we want to put students first, and that’s why I’m happy that the faculty and the university were able to reach a relatively quick and mutually beneficial agreement so that we can get back to the business of education,” said Viktor Tomicek, Director of International Recruiting and Global Partnerships in CBU.

Damanpreet Singh, president of the student union and an international student from India, had earlier called on university leaders and teachers to come together to “make a deal”.

In addition, more than 800 teachers at Memorial University of Newfoundland and Labrador have been on strike since January 30 for higher pay – the school has about 3,400 international students, about 18% of its student body.

Faculty at St. Mary’s University in Halifax also voted overwhelmingly to strike after failing to reach an agreement with management. About one third of the 6,800 students are from abroad.

The Nova Scotia Association of University Teachers recently fanned the flames of faculty unrest by releasing a report titled The culture of law – the study claimed that the number of administrators in the province’s universities had increased dramatically, leading to a dramatic increase in costs.

In addition, it says that the salaries of university presidents have increased by 45% in the past six years.

However, the report’s maths and methodology were criticized by HESA consultant and blogger Alex Asher, who said: “There are no guns here, people are just another group of stakeholders with an ax to grind.”