CALGARY, Alta. – Canadian Pacific and the Teamsters Canada Rail Conference (TCRC) agreed yesterday to enter into binding arbitration, putting an end to a work stoppage by CP’s engineers and conductors.
“This decision ensures both sides will get back to the table, and gets us back to moving Canada’s economy forward,” said E. Hunter Harrison, CP’s chief executive officer. “While we would have preferred a negotiated settlement, this is the right thing to do at this time.”
The arbitrator will be chosen and appointed by the federal government.
CP reached a tentative four-year agreement with Unifor on February 14, but talks with the TCRC didn’t go as well. The TCRC threatened to strike at midnight on February 15, but the agreement on binding arbitration has put that on hold for now.
TCRC represents CP’s approximately 3,000 active locomotive engineers and conductors.
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