Workers at Canada's Globe & Mail ratify labor pact

Mon Jul 6, 2009 3:16pm EDT
 
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TORONTO, July 6 (Reuters) - Workers at Canada's Globe and Mail newspaper voted in favor of a 5-year labor contract, the newspaper said on Monday.

The details of the agreement with the Communications, Energy and Paperworkers union, which passed by 85 percent, will not be disclosed to the media, the newspaper said in a statement.

"We're very pleased to have reached an agreement with the union that acknowledges the changing realities of the media industry," Phillip Crawley, publisher and chief executive of the Globe, said in the release.

The CEP represents about 450 workers at the national paper, which is a division of CTVglobemedia.

CTVglobemedia is owned by the Ontario Teachers' Pension Plan; Torstar Corp (TSb.TO), which publishes the Toronto Star newspaper; BCE Inc (BCE.TO), parent of Bell Canada; and the Woodbridge Co, an investment vehicle for Canada's billionaire Thomson family. Woodbridge is also the biggest shareholder of Thomson Reuters (TRI.TO) (TRI.N). (Reporting by John McCrank; editing by Janet Guttsman)

 
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