Steel workers, IOC ratify new collective agreement in Labrador City - News Summed Up

Steel workers, IOC ratify new collective agreement in Labrador City


Over 86 per cent of steel workers at the Iron Ore Company of Canada in Labrador City and Sept-Îles voted to ratify a new collective agreement on Tuesday night. (CBC - image credit)CBCThe Iron Ore Company of Canada and steel workers in Labrador City and Sept-Îles have ratified a new collective agreement Tuesday, which will deliver higher wages, enhanced pension language and improved benefits to over 2,000 employees. "We are pleased that the new collective bargaining agreements have been ratified by our employees," IOC president and CEO Mike McCann said in the release. The agreement is a great step forward for workers, Furlong said, adding they had to make no concessions to get a deal done. Improvements to benefits and pension language are especially important, he added, saying workers took important steps to protect and ensure prosperity in the future.


Source: CBC News April 06, 2023 14:04 UTC



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