July 28, 2014 – BC Hydro and the Canadian Office & Professional Employees Union (COPE) Local 378 have ratified a five-year agreement involving about 1750 administrative, financial and technical employees involved in planning, operating and maintaining the province’s power transmission and generation system.

Reached under the Province’s Economic Stability Mandate, the new agreement for COPE members is from April 1, 2014, to March 31, 2019. It provides for a 5.5% wage increase over the five years of the term, with potential for additional increases if the provincial economy exceeds annual forecasts set by the Economic Forecast Council during the last four years of the agreement.

The government says its Economic Stability Mandate provides public-sector employers the ability to negotiate longer-term agreements within a fixed fiscal envelope, and offers employees an opportunity to participate in the province’s economic growth through the Economic Stability Dividend.