Toronto - The Toronto Transit Commission and Amalgamated Transit Union Local 113 have reached an out of court settlement in connection with an application filed by the TTC against the transit union following the job action on May 29, 2006.

On October 10, 2007, the parties signed an agreement. The key elements of the settlement are as follows:

1. Settlement of four outstanding grievances.

2. Settlement of a number of complaints brought forward by the Union to the Ontario Labour Relations Board.

3. Agreement on a new mediation process which should have a positive impact on future legal and arbitration expenses.

4. Agreement on the implementation for a subway spareboard which dramatically improves the TTC's ability to more effectively and efficiently detail subway crews.

In exchange for the above, the TTC agreed to withdraw its application for damages with the Board. This settlement represents a fair outcome for all concerned. Additionally, both parties resolved a number of outstanding issues in the interest of improved labour relations, provided for a better work environment for our employees and general workplace efficiencies and improvements.