Withdrawal of complaints regarding the revocation of union certification covering Laurentian Bank employees

Apr 21, 2021

MONTREAL, April 21, 2021 (GLOBE NEWSWIRE) -- Laurentian Bank of Canada (TSX: LB) announces that following the resolution of the union’s grievances against the Bank, the Syndicat des employées et employés professionnels-les et de bureau, section locale 434, SEPB-CTC-FTQ, has withdrawn its complaints with respect to the decertification held at the Bank and other issues. On March 19, 2021, the Bank was informed by the Canada Industrial Relations Board (CIRB) that its unionized employees had voted in favour of the decertification. The withdrawal of the complaints is the final step before approval of the decertification by the CIRB.

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