Kapuskasing workers accept a 10% wage reduction

The unions at Tembec's Kapuskasing mill have voted to accept a 10% reduction in wages.

In the release, Coalition Leader Bob Pellow stated that the deal, which the press release called a "forgivable bridge loan" not a wage cut, will last until Dec. 31 of this year, or until an eastern CEP pattern settlement is reached with AbitibiBowater.

Negotiations will not resume until Jan. 1, 2011 or if there is a CEP eastern pattern settlement, which ever comes first. Pensions and severance calculations will not be included in the loan.

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Unions accept Tembec request (The Northern Times)