Recently, the company sent out a release dated May 21, 2021 dealing with COLA adjustments for bargaining unit employees at the Regina and Calgary plants. This is to advise that the release was sent out in error.
Pursuant to the Regina and Calgary Collective agreements, the COLA amount of $1.33 was rolled into the base pay effective 7-31-2020 for employees covered under the existing agreements. According to such agreements and established practice, COLA payouts were discontinued effective 7-31-20 and during subsequent negotiations of the renewal agreements.
Please disregard the release dated 5-21-21 dealing with COLA adjustments and the company apologizes for the misunderstanding.