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COMPETITION WATCH: Teamsters ratify four-year deal with CPR

CALGARY, Alta. -- The Teamsters Canada Rail Conference and Canadian Pacific Railway announced that a four-year coll...


CALGARY, Alta. — The Teamsters Canada Rail Conference and Canadian Pacific Railway announced that a four-year collective agreement has been ratified by train crew employees.

The agreement with CPR’s 4,500 train crew employees, the railway’s largest bargaining group, extends to the end of 2006. It provides for wage, pension and benefits improvements, as well as work rule changes that will generate increased productivity.

Wage increases are 2 per cent for 2003, 3percent for 2004, 2.5 per cent for 2005 and 3 per cent for 2006.

On January 14, CPR and the Maintenance of Way Division of the Teamsters Canada Rail Conference, which represents approximately 2,150 track maintenance employees, reached a Memorandum of Settlement to renew their collective agreement through the end of 2006. Details of the three-year settlement are not available pending ratification.

Results of the ratification vote are expected in March.


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