17:28:43 EDT Fri 09 May 2025
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Andrew Peller Ltd
Symbol ADW
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Close 2024-07-19 C$ 4.18
Market Cap C$ 147,318,444
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Globe says Molson, rivals hear LCBO deal in limbo

2024-07-22 05:31 ET - In the News

See In the News (C-TPX) Molson Coors Canada Inc

The Globe and Mail reports in its Saturday edition that an agreement to end a strike and reopen hundreds of retail stores operated by the Liquor Control Board of Ontario was uncertain on Friday due to a disagreement over the specifics of the return-to-work measures. The Globe's Laura Stone writes that the LCBO workers union accused the government of refusing to sign a back-to-work protocol, while the government said the union added new last-minute demands. On Friday evening, the LCBO said its plans to file an unfair labour practice complaint and accused the union of "bad-faith bargaining." The Crown corporation initially announced a tentative agreement early Friday afternoon saying the strike would end at 12:01 a.m. on Monday. Officials with the Ontario Public Service Employees Union (OPSEU) were set to hold a news conference about the agreement on Friday at 3 p.m. However, union spokesman Katie Arnup instead told reporters that the employer had refused to sign a back-to-work protocol. The LCBO later accused the union of introducing new demands after a tentative agreement had been reached. The LCBO said the union introduced significant new monetary demands that should have been dealt with at the bargaining table.

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