CEP National Scolarships

The CEP is accepting applications for the 3 $2000 memorial scholarships for our region for 2012. They are available to members in good standing, their children or the children of retired or deceased members.

There is also a $2000 scholarship promoting equality in recognition of the National Day of Remembrance and Action on Violence Against Women.

Details are posted on the Local 592 notice boards. Contact me for an application form.



Adam Currey
Recording Secretary

No Forward Look for January

The executive has voted to not publish a Forward Look for January. Although this has been a very eventful month for the local, virtually everything that we have been working on has been relayed to the local at special meetings, the email list and the blog.

Everyone is waiting to hear both from the company and other locals. When we have information to give you we will pass it on either here or through the email list.

Adam Currey
Recording Secretary

Voting Results

I am pleased to say that Local 592 voted in favour of the Memorandum of Agreement. As far as the Catalyst locals as a group, 4 of the 5 locals voted in favour.

I don't have any further information at this time but will keep you all informed . We had an extraordinary turn out for voting and I would like to thank all our members for attending our Special meeting.

Thank You

Jim

Results to be released Friday evening.

The polls for our vote have closed. The results will be released Friday night after all locals have voted.

Thanks for your patience.

Adam Currey
Recording Secretary

Important Notice!

We will be holding three special meetings at Hansen Hall.

Information Meeting: December 27 @ 7:00 P.M.

Votes Meetings: December 29 @ 2:00 P.M. and 7:00 P.M.

All members of Local 592 are strongly urged to attend.

UPDATE ON CONTINUING DISCUSSIONS WITH CATALYST PAPER

December 15, 2011

UPDATE ON CONTINUING DISCUSSIONS WITH CATALYST PAPER


As reported in the last update on December 13th, discussions between Catalyst Paper, CEP Local Unions and legal counsels concerning CCAA / Bankruptcy process, restructuring of the bondholder debt and possible outcomes have been ongoing over the past three days.

During this period an Independent Forensic Accountant has been reviewing the financial records of the employer to determine the accuracy of their reports to the local unions and this morning will be reporting back to the Locals. In preliminary discussions, he has reported that all the information and data substantiates Catalyst’s information that it requires immediate relief from the bondholders in the form of a reduction in the bond debt and therefore the interest payments that are associated to it.

As indicated in the press release this morning from Catalyst, they are deferring payment on the $21 million US dollar interest payment due on December 15, 2011 and will be taking advantage of the thirty (30) day grace period and delayed interest payment in a move to restructure their bond debt.

Catalyst has assured the Local Unions in a meeting held last evening that the mills will continue to operate during the deferral period in a manner that will see them meet the delivery of the product to their customers and this action will not impact our members’ day-to - day lives.

The Local Unions’ will continue to meet today to discuss the options that are available to them up to and including entering into early negotiations for a renewal of the 2008 – 2012 Labour Agreement. Entering into these discussions is made with the undertaking that any agreement would be contingent upon an agreement being reached with the bondholders to reduce Catalyst’s debt and a standard agreement being reached throughout the three mills.

As was stated by the Catalyst Locals on the conference call – once they enter into the process of bargaining a renewed collective agreement, they will forward a letter stating they are withdrawing from caucus.

The 2012 Executive

Now that the executive elections are done, here is a list of the 2012 CEP Local 592 Executive.

Jim Vandusen - President
Travis Goodyear - Vice President
Owen Paxton - Vice President
Ian Nicholson - Vice President
Adam Currey - Recording Secretary
Brent Hamelin - Financial Secretary
Randy Teichman - Trustee
Andy Bos - Trustee
Dan Rogers - Safety Officer/Trustee

Wage Delegates: Jim Vandusen, Travis Goodyear, Brent Hamelin. Alternate: Adam Currey

In Solidarity,

Adam Currey