Canadian Pacific Railway and its employees represented by the Teamsters Canada Rail Conference have agreed to enter into binding arbitration.
CP said in a news release this morning that it has reached agreement with TCRC’s Train and Engine Negotiating Committee to enter binding arbitration, a move that will end a work stoppage at Canada’s second largest railway company.
“CP is pleased to have reached agreement with the TCRC negotiating committee to enter into binding arbitration and end this work stoppage,” said CP president and chief executive officer Keith Creel.
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“This agreement enables us to return to work effective noon Tuesday (March 22) local time to resume our essential services for our customers and the North American supply chain.”
CP thanked Canadian Federal Conciliation and Mediation Services for its work during the negotiation.
The company will immediately begin working with customers to resume normal train operations across Canada as soon as possible.
TCRC represents approximately 3,000 locomotive engineers, conductors, train and yard workers across Canada.
The employees have been off the job since Sunday.
