Canfor Deal Ratified

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Canfor now confirms it’s earlier reported tentative four year contract agreement with the United Steel Workers Union has been ratified by a majority of the union’s members.

 

With an expiration date of June 30th, 2013, it impacts 14 BC operations and about 2,300 Canfor employees.

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As reported earlier this week the union website states the deal includes unprecedented seniorty protection, better severance pay and a two percent wage increase in the third and fourth years.

However U-S-W Wood Council Chair Bob Matters, says the deal is as much a victory for the company as it is for the union…

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The union has also indicated the deal will now be presented to other forestry companies, as a blueprint for new agreements with them.

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