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Details of the tentative agreement reached with The Canadian Press

The agreement consists of two documents – a Memorandum of Settlement that sets out new language for the collective agreement and a “Deal Sheet” that sets out the pension and company restructuring details. The Deal Sheet explains how your forgone contributions will be repaid and how profit sharing will work.

You can download the complete package at: http://www.cmg.ca/CPmemoofsettlement2010EN.pdf.

The entire package of documents must be approved for the agreement to be ratified. The online ratification vote will take place September 30 and October 1.

As you know, information sessions will be held in all bureaus across the country, starting next week. Although the focus will be on the pension plan and the second special pension regulation the company is seeking, Branch President, Terry Pedwell and Guild rep Kathy Viner will answer questions Guild members have about the deal itself.

We urge you to read these documents carefully and make every effort to attend the information meeting in your location.

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