Bank of Canada Conciliation Update

5 April 2018 — For the past two days (April 4-5) we have been in conciliation with the Bank of Canada. Although progress has been slow, our talks have been encouraging. Consequently, both parties have agreed to extend the Conciliation period and we will be meeting again on April 30 and May 1. We are now cautiously optimistic that we can reach an agreement in the near future.