Business

CP and TCRC-MWED reach tentative collective agreement

CP and TCRC-MWED reach tentative collective agreement Canada NewsWire CALGA...

articleCanadian Pacific Kansas City LimitedMarch 17, 20233/company/canadian-pacific-railway-ltd/news/cp-and-tcrc-mwed-reach-tentative-collective-agreement
CP and TCRC-MWED reach tentative collective agreement

About this update from Canadian Pacific Kansas City Limited

[{"type":"text","content":"\n \n \n \n CP and TCRC-MWED reach tentative collective agreement\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n March 17, 2023\n \n \n /CNW/ - Canadian Pacific (TSX: CP) (NYSE: CP) (\"CP\") today announced it has reached a tentative collective agreement with the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) covering approximately 2,600 engineering services employees in\n \n Canada\n \n .\n \n \n \"By working collaboratively with our valued union partners, we've reached another negotiated tentative agreement this year,\" said\n \n Keith Creel\n \n , CP's President and CEO. \"We thank the TCRC-MWED for working collaboratively with us throughout this negotiation. This tentative agreement is a testament to the hard work and commitment of both sides.\"\n \n \n Details of the tentative agreement will not be released publicly until the agreement has been ratified.\n \n \n CP has successfully negotiated agreements with multiple unions representing craft employees in recent months, resulting in the ratification of 16 agreements in 2023 in\n \n Canada\n \n and\n \n the United States\n \n .\n \n \n \n Forward looking information\n \n \n This news release contains certain forward-looking information within the meaning of applicable securities laws relating, but not limited to, collective bargaining between CP and its labour unions, and CP's business, operations and service. This forward-looking information also includes, but is not limited to, statements concerning expectations, beliefs, plans, goals, objectives, assumptions and statements about possible future events, conditions, and results of operations or performance. Forward-looking information may contain statements with words or headings such as \"financial expectations\", \"key assumptions\", \"anticipate\", \"believe\", \"expect\", \"plan\", \"will\", \"outlook\", \"should\" or similar words suggesting future outcomes.\n \n \n Undue reliance should not be placed on forward-looking information as actual result...

More updates from Canadian Pacific Kansas City Limited