Tuesday, May 11, 2010

Mill Workers Accept Deal


A new deal for workers at AbitibiBowater.

Members of the Communication, Energy and Paperworkers union voted 63-point-5 per cent in favour of the new five year deal.

It includes cost reductions for the company, but protects pensions for retirees and workers.

The agreement also includes a 10 per cent wage rollback with increases to resume in 2012 and 2013.

President Dave Coles calls its a painful adjustment with a company under bankruptcy protection and that acceptance of the deal is still conditional upon approval from both the Quebec and Ontario governments.