Unfortunately, IFLRA refused to negotiate the decision to instead make a “final offer” that cannot support the ETC negotiating committee. IFLRA`s final offer is similar to that made in the North, but contains a language that is not included in the northern agreement. The agreement is valid for five years, with about a two per cent increase per year, with retroactive effect to July 1, 2018. Since April 2019, Western has been negotiating with the USW for a new collective agreement to replace the company`s previous contract, which expired in mid-June. The USW served a 72-hour strike period on June 28, 2019. On 25 June 2019, the company requested the appointment of a mediator to support negotiations with the British Columbia Labour Relations Board and has since been the subject of several interventions with the ETC and a mediator. So far, the USW has not agreed to meet. bc_southern_interior_bargaining_bulletin_-_may_16__2019 This press release contains statements that may constitute forward-looking statements pursuing applicable securities laws. Readers are cautioned not to improperly rely on forward-looking statements. All statements mentioned above, in the absence of historical facts, may be forward-looking statements and may be identified by the use of words such as “will,” “may” and similar references to future periods. Forward-looking statements contained in this new press release include, among other things, statements about the potential to reach an agreement on a labour dispute. While such statements reflect management`s current beliefs, expectations and reasonable assumptions, it is not possible to ensure that forward-looking statements are correct and that actual results or actual performance may vary materially. Many factors can lead to a fact that our actual results or benefits are significantly different, including strike activity, the inability to predict the results of such activity, the timing of a labour dispute, the success of a mitigation measure, a change in the company`s financial position, general economic conditions and other factors mentioned in the “Risks and Uncertainties” section of our MD-A in our February 12, 2018 Management Report.
, 2019. The company is negotiating a new collective agreement with the USW, as obtained in northern and southern British Columbia, where the United Steelworkers and the Council on Northern Interior Forest Employment Association and Interior Forest Labour Association have ratified new collective agreements.