Workers, Abitibi ratify contract.Abitibi-Consolidated, a Quebec-based lumber producer with Northern Ontario Northern Ontario is the part of the province of Ontario which lies north of Lake Huron (including Georgian Bay), the French River and Lake Nipissing. Northern Ontario has a land area of 802,000 km² (310,000 mi²) and constitutes 87% of the land area of Ontario, although it operations, has ratified rat·i·fy tr.v. rat·i·fied, rat·i·fy·ing, rat·i·fies To approve and give formal sanction to; confirm. See Synonyms at approve. a five-year collective agreement with its 4,500 membership base. The deal, ratified with the Communications, Energy and Paperworkers Union of Canada See also Simple Certificate Enrollment Protocol SCEP Communications, Energy and Paperworkers Union of Canada, invariably called by its official English and French initialisms CEP and SCEP, is a largely private sector labour union with 150,000 members. (CEP CEP congenital erythropoietic porphyria. CEP abbr. congenital erythropoietic porphyria ), covers workers in Ontario, Quebec and Newfoundland. The collective agreement is in effect from May 1, 2004 to April 30, 2009 and includes an 11-per-cent wage increase phased in over the life of the agreement. The agreement also includes stipulations that increase the pension payments, representing increased labour costs for the company of 3.2 per cent over the first five years, plus an additional increase of 2.15 per cent in 2009. Employee contributions to the plan will also gradually increase over five years. Abitibi-Consolidated estimates the costs of the new agreement to be 14.3 per cent over those years. |
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