Commodities Videos


{{ currentStream.Name }}

{{ currentStream.Desc }}

Related Video

Continuous Play:

The information you requested is not available at this time, please check back again soon.

Feb 10, 2020

Tentative deal reached to end lengthy strike at Western Forest Products


Security Not Found

The stock symbol {{StockChart.Ric}} does not exist

See Full Stock Page »

VANCOUVER - Western Forest Products says a tentative agreement has been reached with the United Steelworkers union to end a strike that began at the company's Vancouver Island operations just over seven months ago.

A statement released by the company says the deal still needs ratification, but the union's bargaining committee has advised it will be recommending acceptance.

About 3,000 employees and contractors at Western Forest Products facilities in several Vancouver Island communities have been off the job since July 1.

Mediators Vince Ready and Amanda Rogers were working with the two sides, but booked out earlier this month, when both the union and company said they were too far apart to reach a settlement.

The provincial government reappointed the two as special mediators on Thursday, which gave them additional powers under the labour code to reach a deal.

Don Demens, CEO of Western Forest Products, says in a statement that the last seven months have been challenging, but he is pleased "we were able to find common ground through the efforts of all involved."