Hydro Collective Agreement
TORONTO, Oct. 6, 2020 /CNW/ – Hydro One Inc. is pleased to announce that members of the Power Workers` Union (“PWU”) have voted in favour of two renewal collective agreements: the Master Collective Agreement, which includes front-line employees, and the Collective Agreement for Aftermarket Service Companies, which includes employees in customer-facing roles. “These agreements between Hydro One and Power Workers` Union reflect our shared commitment to work together, be their voice and take action to meet their needs,” said Mark Poweska, President and CEO of Hydro One. “We look forward to an ever-positive working relationship with PWU management, who represent our employees on the front lines who provide safe, reliable and affordable electricity for communities across Ontario.” Collective agreements between Hydro One Inc. and the PWU covers approximately 3,800 regular employees and approximately 1500 contingent officers at the company`s plants in Ontario. All CUPE members work under the protection of a contract called a collective agreement. Your local union negotiates the terms of the agreement. Elected local union leaders also work with the employer to resolve issues in the workplace. If you have questions about your rights at work, the best person you can talk to is your local steward or executive.
You will know the specific details of your agreement. If you would like a hard copy of your collective agreement, please speak to your steward. If you don`t know who your steward is or how to reach your contact, contact the CUPE office near you. Hydro One works with community organizations that work overtime. Hydro One is leaving with customers and Indigenous communities. . Hydro One Limited is, through its 100% Ontario subsidiaries, the largest electricity transmission and distribution provider, with approximately 1.4 million estimated customers, approximately $27.1 billion as of December 31, 2019 and annual revenue of approximately $6.5 billion in 2019. Our team of some 8,800 qualified and committed employees is proud to set up and maintain a safe and reliable electricity system, which is essential to support strong and prosperous communities. In 2019, Hydro One invested approximately US$1.7 billion in its transmission and distribution systems and supported the economy by purchasing approximately US$1.5 billion in goods and services. We are committed to the communities in which we live and work, through community investments, sustainability and diversity initiatives.
We are being recognized by the Canadian Electricity Association as a sustainable electricity company. Hydro One Limited`s common shares are listed on TSX and some of Hydro One Inc.`s medium-term bonds are listed on NYSE. For more information, see www.HydroOne.com; www.sedar.com or www.sec.gov. Hydro One Limited announces the completion of the series 1 withdrawal. . Hydro One Limited declares the quarterly dividend of common shares. This press release may contain “forward-looking information” within the meaning of applicable securities legislation. Words such as “wait,” “anticipate,” “intend,” “try,” “may,” “plan,” “become,” “may,” “search,” “seek,” “appreciate, and variations in such words and similar phrases are intended to identify such forward-looking information. . . .