Jacques worked at the Fraser
Papers’ mill in Edmundston, New Brunswick for 36 years. On each pay cheque, he
contributed a portion of his wages to the pension fund, which he believed would
be a guaranteed investment.
Hundreds of retirees of Fraser Papers Inc. have joined togther in an organization hoping to shame the biggest shareholder of the now defunct company, Brookfield Asset Management Inc., into restoring their full pensions.
EDMUNDSTON, NB (April 28, 2011) -- Retirees of the former Fraser Paper Co. and their supporters blocked international traffic between Madawaska, Maine, and Edmundston, NB to protest cuts to their pensions.
HAMILTON, ON -- As many as 10,000 unionists and supporters converged on downtown Hamilton, Saturday, January 29, to support locked-out Steelworkers and decry their employer, U.S. Steel, for failing to honor its commitments.
TORONTO - Insolvent Fraser Papers Inc. has filed an amended restructuring plan with an Ontario court after the union representing pensioners rejected its original plan earlier this month.