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18 November 2007

Canadian Pacific and Teamsters Agree to No Strike/No Lockout Protocol Pending Further Discussions

Canadian Pacific Railway Limited and the Teamsters Canada Rail Conference (TCRC), representing 4,500 locomotive engineers and conductors, have entered into a no strike/no lockout agreement while the parties discuss the next steps given that, by a narrow margin, the union did not ratify the Memorandum of Settlement between CP and the TCRC-RTE.
 
The parties are in continuing discussions as they both assess the situation and have agreed to meet this week to explore opportunities to reach a mutually acceptable agreement.
 
 
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