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The Central Funding process, originally created in 1980, was intended to provide support to participating members when collective agreement language negotiated through Central Bargaining was challenged at arbitration. It was recognized that significant savings could be achieved if hospitals combined their resources into a central defence fund rather than individually defending a case at arbitration - the annual cost to participate in Central Funding is typically less than a hospital's total cost for a single day of arbitration.
This collective approach, aside from providing obvious economic advantages, is critical in ensuring the consistent interpretation and application of central provisions. Considering the shifting provincial framework in which hospitals operate, the Central Funding process provides much needed support to hospitals in their efforts to maintain the integrity of the centrally-negotiated collective agreements.
Hospitals who either participate in the Central Bargaining process with at least one union group, have individual collective agreements that mirror central contract language, or are dealing with issues of a provincial scope that would benefit from subscribing to the Central Funding process.
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