Documents mailed to union members recently say that negotiators with the Newfoundland and Labrador Association of Public and Private Employees intend to achieve a deal at the bargaining table.
However, the union says that if talks break down it has a defence fund of $17.4 million as of Dec. 31 — the largest in the union's history.
In a membership update, President Carol Furlong describes collective bargaining as painstakingly slow, saying there has been no discussion of wages.
The union says that it intends to negotiate for a wage increase.
The province's finance minister has been touring the province seeking ways to reduce a deficit he has estimated at $1.6 billion.