This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

PSAC Members Ratify New Agreement With Parks Canada

OTTAWA, Feb. 20, 2013 /CNW/ - PSAC members at Parks Canada have voted in favour of the tentative agreement reached Nov. 26, 2012.

The union negotiated two breakthroughs:

  • a union-management committee to study and make recommendations on student employment issues built into the collective agreement
  • a union-management committee to study agency policies contained in Article 6, including travel, isolated posts, uniforms and accomodation allowances.

The three-year agreement, which expires August 4, 2014, also provides across the board annual wage increases, and other monetary gains for some job classifications.

Other changes include:

  • Volunteer and Personal Leave
  • Bereavement Leave
  • Family-related Responsibility Leave
  • Increased Benefit for Term Employees
  • Military Service Recognized for Vacation Leave Credits
  • Letter of Intent- Seasonal Extension
  • Letter of Intent - Winter Watch at End of Navigation Season
  • Severance Entitlements for Retirement and Resignation
  • Enhanced Severance Pay in Situations of Lay-off based on Seniority
  • Protection of Severance for Involuntary Departure

The full description of changes can be found in the Ratification Kit.

"Even during tough political and economic times, we've proven it's possible to secure a strong collective agreement with improvements for workers," said PSAC Prairie Regional Vice-President Marianne Hladun.

""The overwhelming endorsement we received from members who voted to ratify this agreement confirms their confidence in our bargaining team and in our union," she said.

Next Steps:

PSAC and Parks Canada will make the negotiated changes to the collective agreement. Once the parties agree on the changes, the new collective agreement will be ready for signing.

Making the changes, reviewing, and signing the collective agreement will take a few weeks. We will let members know when the collective agreement takes effect.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs