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Enercare Reaches Collective Bargaining Agreement With Unifor Local 975

TORONTO, March 27, 2018 /CNW/ - Enercare Inc. ("Enercare") (TSX: ECI), announced today that members of Unifor Local 975 voted to accept a new collective bargaining agreement (CBA) with Enercare. Ratification votes took place this week, and unionized employees have voted in favour of the new three-year agreement effective April 1, 2017.

"The ratification of the collective bargaining agreement is excellent news for our employees, our business and most importantly, our customers," said John Macdonald, President and Chief Executive Officer of Enercare. "The agreement is the result of a cooperative effort by both parties to achieve a contract that enables us to move forward together in building and growing the business for long-term success."

In order to better meet increasing customer demand for service during evenings and weekends, the new agreement provides increased scheduling flexibility. This flexibility will lead to greater customer satisfaction and enhanced service levels for Enercare's customers.

"Negotiating a Collective Agreement is never a simple process, however, both bargaining committees were absolutely committed to reaching an agreement and finding creative solutions that support our customers' needs while ensuring our continued shared success," said Macdonald.

As part of the agreement, Enercare's unionized workforce will recognize a general wage increase as follows:

  • Year 1 – 2.0%
  • Year 2 – 2.05%
  • Year 3 – 2.0% minimum to a maximum of 2.5% of Ontario (All-items) CPI

About Enercare Inc.

Enercare is headquartered in Markham, Ontario, Canada and is publicly traded on the Toronto Stock Exchange (TSX: ECI). As one of North America's largest home and commercial services and energy solutions companies with approximately 4,700 employees under its Enercare and Service Experts brands, Enercare is a leading provider of water heaters, water treatment, furnaces, air conditioners and other HVAC rental products, plumbing services, protection plans and related services. With operations in Canada and the United States, Enercare serves approximately 1.6 million customers annually. Enercare is also the largest non-utility sub-meter provider, with electricity, water, thermal and gas metering contracts for condominium and apartment suites in Canada and through its Triacta brand, a premier designer and manufacturer of advanced sub-meters and sub-metering solutions.

For more information on Enercare, visit enercare.ca.

Additional information regarding Enercare is available through our investor relations website at corporate.enercare.ca or on SEDAR at www.sedar.com.

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SOURCE Enercare Inc.

For further information: Perry Schwartz, Public Relations and Social Media, 905-943-6260, Perry.Schwartz@enercare.ca