Deal would affect 2,000 employees
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Canadian Pacific (CP) and the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) reached a tentative five-year agreement May 12.
"We have been working collaboratively and proactively with the TCRC-MWED leadership on a deal that makes sense for both sides and provides stability over the long-term," said Keith Creel CP's president and CEO. "CP has worked hard, and will continue to work hard, to achieve long-term, innovative agreements with its unions that provide the framework for continued success for the company and its valued employees."
Details of the agreement will be presented to the TCRC-MWED for ratification by the union's leadership. TCRC-MWED represents approximately 2,000 workers at CP.