WINNIPEG, MANITOBA, CANADA — Viterra Canada’s revised contract offer to the Grain and General Services Union (GSU) Locals 1 and 2, representing 436 employees in Saskatchewan, has been ratified through a membership vote. The company was notified of the results Jan. 19.

This four-year agreement recognizes employees' individual contributions in the company’s pay for performance compensation structure, which includes continued eligibility for an annual bonus payment under the company’s Short-Term Incentive Plan.

The GSU had postponed a strike on Jan. 5 after both sides met with a federal mediator on Jan. 3 and 4. Following the meeting, Viterra offered a revised four-year contract, with pay increases of 4.5% in the first year, 3.75% in the second year and 2.5% in each of the final two years.

“We’re very pleased to have reached a long-term agreement with our employees, one that we believe is fair and reasonable that takes into account their needs, while balancing the needs of our business through long-term labor stability,” said Jordan Jakubowski, vice present of human resources for Viterra Canada. “We have a long history of working fairly and respectfully with our employees, and through this agreement we can continue to serve our customers with superior service across our Saskatchewan business.”

With 78 grain storage facilities and 117.08 million bushels of licensed grain storage, Viterra Canada, Inc. is the 13th-largest grain handling company in North America as listed in Sosland Publishing Co.’s 2024 Grain & Milling Annual. Saskatchewan is Canada’s biggest grain-growing province.

Viterra, which has been owned by Switzerland-based commodity trading giant Glencore PLC since 2012, is in the process of being acquired by Bunge Global SA in an $18 billion deal, subject to regulatory approval in Canada and elsewhere.