Calgary Co-op Employees Ratify New Three Year Collective Agreement

CALGARY, June 30 /CNW/ - Calgary Co-operative Association Limited is pleased to announce that employees represented by the Union of Calgary Co-operative Employees overwhelmingly ratified a three year collective agreement with Calgary Co-op effective June 30, 2010, and concluding in October 2012. This reflects a 3% wage increase effective immediately, a 4% increase effective October 2010 and a 5% increase effective October 2011.

"We believe this collective agreement is fair and equitable, and recognizes our employees for their dedication and hard work," says Deane Collinson, chief executive officer of Calgary Co-op.

Locally owned and operated, Calgary Co-op is one of the largest retail co-operatives in North America with over 4,000 employees, 438,000 members, assets of $393 million and sales over $1 billion. In addition to its head office in Calgary, Alberta, Canada, Calgary Co-op operates 23 retail shopping centres, 23 pharmacies, 27 gas bars and seven travel offices. Calgary Co-op also operates two wholly-owned subsidiaries: Calgary Co-op Home Health Care Limited, with three locations in Calgary, Alberta, and Calgary Co-op Wines & Spirits Ltd., which operates 18 liquor stores in Calgary, Airdrie and Strathmore, Alberta.

For further information: Donna Burn, Vice President, Member and Public Relations, Calgary Co-operative Association Limited, Telephone: [phone] ext. 6258; Wendy Bulbuck, Labour Relations Director, Calgary Co-operative Association Limited, Telephone: [phone] ext. 6119