TORONTO, Jan. 27 /CNW Telbec/ - Forest union leader Gaétan Ménard and four Fraser Papers' pensioners, who are occupying Brookfield Asset Management's head office in Toronto, have been told that CEO Bruce Flatt is "not concerned" that pensioners could lose 40% of their pensions as a result of the company's restructuring plan.
Mr. Ménard, Secretary-Treasurer of the Communications, Energy and Paperworkers Union of Canada, calls this attitude "despicable," and plans to continue the sit-in.
Meanwhile, in Edmundston, N.B., about 100 angry Fraser Paper pensioners and workers confronted CEO Peter Gordon at the mill where he was meeting with CEP Atlantic Region Vice-President Ervan Cronk. Their message was the same: Respect our pensions!
SOURCE Communications, Energy and Paperworkers Union of Canada
For further information: For further information: Gaétan Ménard at (613) 230-5200 or (819) 775-6980; Ervan Cronk, (506) 857-8647 or (506) 434-3488