Forward-looking statements are naturally subject to numerous risks and uncertainties and are based on several assumptions that cause actual results to differ materially from expectations expressed or implied in such forward-looking statements and that Finning`s business prospects, objectives, plans, strategic priorities and other statements, which are not historical facts, may not be reached. Therefore, Finning cannot guarantee that forward-looking statements will occur. Forward-looking statements are provided in this report to provide information about management`s current expectations and plans and to enable investors and others to better understand Finning`s operating environment. However, readers are advised that it may not be appropriate to use such forward-looking statements for other purposes. The three-year contract brought a salary increase of 1% per year in the first two years and 2% last year. A work-sharing program was initiated by the employer, but it is voluntary, meaning members can decide whether or not to participate. Other language changes are also included in the agreement. The agreement provides for a salary increase of 5.25% and expires on April 30, 2013. The colony has about 1700 hourly finning workers in Alberta and the Northwest Territories.
Finning said he is committed to the collective bargaining process and to concluding a fair and balanced contract, fair to his employees and to finning. Finning has established a contingency plan to minimize the impact of a strike on its customers. The sale of equipment and spare parts will remain available to customers, the company said, although store and field service may be affected by working measures. . . .