Resolute Announces Ratification of Unifor Labor Agreement in Canada

Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced the renewal of the collective agreements at eight of its pulp and paper operations in Canada.

A tentative agreement was reached between Unifor and Resolute on April 16, 2018, to renew the collective agreements for a four-year period. The master agreement was accepted by the majority of union members at each mill during the ratification process.

“We are pleased with the support expressed by our employees. The company and the union have invested a great deal of time and resources over the last several years addressing public policy issues facing our company and industry. The collaborative environment we enjoy today is built on mutual trust and transparency,” said Yves Laflamme, president and chief executive officer. “Our employees and their union leaders are committed to help keep our Canadian pulp and paper mills competitive, while providing stability for our customers, shareholders, communities and other partners.”

The collective agreements cover approximately 1,100 hourly employees represented by Unifor at Resolute’s Amos, Baie-Comeau, Dolbeau, Gatineau, Kénogami and Saint-Félicien mills in Quebec, and Thunder Bay mill and indefinitely idled Thorold facility in Ontario. The eight operations account for about 40% of the company’s total pulp and paper capacity.
http://resolutefp.mediaroom.com/2018-05-01-Resolute-Announces-Ratification-of-Unifor-Labor-Agreement-in-Canada

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