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When a Union Has Been Certified as the Exclusive Representative

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When a union has been certified as the exclusive representative of a group of employees,and where no collective agreement is in force,another union is able to apply for certification to displace the certified union during a prescribed period of time.


Definitions:

Cash Flow Statement

The Cash Flow Statement is a financial document that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investments, and all cash outflows that pay for business activities and investments during a given period.

Research and Development

Activities undertaken by a business or organization to innovate and introduce new products or services, or to improve their existing offerings.

Stockholders' Equity

Represents the residual interest in the assets of a corporation after deducting liabilities, effectively the net worth attributable to shareholders.

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