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News | 02/15/2006 5:00 am EST

CEP to oppose Bell’s income trust
The Communications, Energy and Paperworkers Union of Canada (CEP) will oppose plans by Bell Canada to create an income trust, which would provide telephone service in rural Ontario and Quebec. The CEP has also condemned the announcement by BCE that it will be cutting 3,000 to 4,000 jobs, and said that the income trust could endanger affordable phone service in that area. "The total package revealed by Bell and BCE today sends a strong message to its workers and subscribers that the company has a decreasing interest in maintaining first class, universal and affordable phone service," said CEP VP John Edwards in a news release. The union, which counts 40,000 members in the Canadian telecommunications industry, will be monitoring the approval and regulatory process involved in the creation of the income trust.

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