Fording River Collective Agreement

Coal Mountain`s collective agreement was extended by one year due to the company`s maintenance and upkeep, the start of collective bargaining at Line Creek and the end of the year. Both agreements provided for a one-year wage freeze in recognition of difficult market conditions, but two percent wage increases for the rest of the corresponding five-year contracts. In a Dec. 12 statement, the USW said 78.9 percent of Elkview employees voted in favor of the deal more than a year after their contract expired on Nov. 1, 2015. Teck also announced that unionized workers at the Fording River and Elkview steel mills in British Columbia have ratified new five-year collective agreements that expire on April 30, 2021 and October 31, 2020. As a result of the new collective agreements, Teck expects a one-time after-tax income expense of approximately $35 million in the fourth quarter. Teck Resources announced that employees at Elkview and Fording River operations have ratified new five-year collective agreements. “If you lengthen someone`s day at any time, especially in 12 hours of work, that`s obviously a sore point,” he said.

“From our point of view, they were not ready to pay. They were ready to send us to the picket line if we refused to accept it. I am glad we have an agreement, but it is clear that Teck is willing to use his financial power to make sure he gets what he wants at the negotiating table. In statements, Dean Runzer, General Manager of Fording River and Don Sander, General Manager of Elkview Operations, said they were delighted to have negotiated new collective agreements. . . .