BUSINESS

Unifor says five deals with CN ratified, process for sixth deal still underway

03/16/2015 12:05 EDT | Updated 05/16/2015 05:59 EDT
TORONTO - Unifor says workers it represents at Canadian National Railway Co. (TSX:CNR) have ratified five new contracts with the railway.

Unifor represents about 4,800 workers at the railway including mechanics, clerical workers, excavator operators, locomotive engineers and truck drivers.

The ratification of a sixth tentative agreement covering workers who conduct safety inspections on rail cars and locomotives, as well as maintenance and repairs, is still underway, the union said Monday.

The new agreements include wage increases in each of the four years, improvements to benefits, stronger job security and other changes.

The union and the railway will also partner to create a fund which will focus on issues related to women's equality and aboriginal issues.

CN and Unifor reached the tentative agreement late last month, narrowly avoiding a lockout threatened by the company.