Business

Hydro One and the Society of United Professionals reach tentative settlement

Hydro One and the Society of United Professionals reach tentative settlement Canada New...

articleHydro One LimitedAugust 15, 20233/company/hydro-one-ltd/news/hydro-one-and-the-society-of-united-professionals-reach-tentative-settlement
Hydro One and the Society of United Professionals reach tentative settlement

About this update from Hydro One Limited

[{"type":"text","content":"\n \n \n \n Hydro One and the Society of United Professionals reach tentative settlement\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Aug. 15, 2023\n \n \n /CNW/ - Hydro One Inc. (Hydro One) and the Society of United Professionals are pleased to announce a tentative settlement of a collective agreement covering employees in engineering, supervisory and professional roles across the company's operations in\n \n Ontario\n \n .\n \n \n \n \n \n \n \n \n \n \"The employees represented by the Society of United Professionals play an important part in energizing life for our customers and communities across the province,\" said\n \n David Lebeter\n \n , Hydro One President and CEO. \"We are pleased to reach a tentative settlement and want to thank the respective bargaining teams for negotiating to reach this outcome.\"\n \n \n \"The Society of United Professionals prides itself on working collaboratively with our employers to negotiate top-flight collective agreements that are fair for everyone,\" said\n \n Michelle Johnston\n \n , President of the Society. \"I want to congratulate the leadership of both parties for reaching a tentative deal that addresses our members' concerns at the bargaining table. We look forward to the ratification of the agreement so that we can get back to the work of electrifying\n \n Ontario\n \n together.\"\n \n \n Union members will vote on the tentative agreement with the outcome anticipated later this fall. Once ratified, the agreement will be in effect until\n \n September 30, 2025\n \n .\n \n \n \n Hydro One Limited (TSX: H)\n \n \n \n Hydro One Limited, through its wholly-owned subsidiaries, is\n \n Ontario's\n \n largest electricity transmission and distribution provider with approximately 1.5 million valued customers, approximately\n \n $31.5 billion\n \n in assets as at\n \n December 31, 2022\n \n , and annual revenues in 2022 of approximately\n \n $7.8 billion\n \n .\n \n \n Our team of approximately 9,300 skilled and dedicated employees proudly build and maintain ...

More updates from Hydro One Limited