COMPETITION WATCH: CPR reaches agreements with CAW-TCA

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CALGARY, Alta. — Canadian Pacific Railway and the CAW-TCA Canada has reached a deal to renew collective agreements governing approximately 2,600 employees who maintain and repair locomotives and rail cars.

The three-year agreement, which extends to the end of 2007, provides for wage, benefits, work rule and productivity improvements. Details are not available pending ratification.

Canadian Pacific Railway is a transcontinental carrier operating in Canada and the U.S. Its 14,000-mile rail network serves the principal centres of Canada, from Montreal to Vancouver, and the U.S. Northeast and Midwest regions. CPR feeds directly into America’s heartland from the East and West coasts. Alliances with other carriers extend its market reach throughout the U.S. and into Mexico.

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