Supreme Court Rules That MTS Employees Really Do Own Their Pension Funds

January 31, 2014

In 1997, when Gary Filmon and his Conservative cronies sold off the publicly owned Manitoba Telephone System at firesale prices, the new private company decided it should keep more than $43 million of pension fund money that was rightfully owned by its employees.  In the push and shove of the subsequent he-said-she-said argument, the company maintained it owned the surplus pension funds and the employees, members of the Communications, Energy and Paperworkers Union (CEP), the International Brotherhood of Electrical Workers (IBEW) and TEAM insisted the money was the property of the workers.

The Supreme Court of Canada has ruled that the unions, Unifor (the union formed by a merger of CEP and the Canadian Auto Workers), TEAM and IBEW are right and the company is wrong.

The Winnipeg Free Press has the details here