SWP GSU Contract Reached

REGINA - Apr 27/07 - SNS -- The Saskatchewan Wheat Pool (SWP) reached two-year agreements with the Grain Services Union (GSU) covering employees with the company's operations and maintenance services and the Regina-based office services.

The new contracts cover the period from February 1, 2006 to January 31, 2008. Employees under the contracts will receive the following wage increases: a 3% increase, extending back to February 1, 2006; and a 3.5% increase, beginning February 1, 2007.

In addition to enhancements to the Pool’s extended Health Care Plan, the Pool will also establish a joint committee to improve diversity in the workplace and provide a stable workforce well into the future. Both the Pool and the GSU agreed to withdraw their pension plan proposals from the settlement. The Pool is currently seeking clarification from the courts to resolve an issue concerning the Pool/GSU Pension Plan.