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CP announces ratification of new collective agreement with Soo Line BLET
CP announces ratification of new collective agreement with Soo Line BLET Canada NewsWir...
About this update from Canadian Pacific Kansas City Limited
[{"type":"text","content":"\n \n \n \n CP announces ratification of new collective agreement with Soo Line BLET\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 14, 2023\n \n \n /CNW/ - Canadian Pacific (NYSE: CP) (TSX: CP) said today that members of the Brotherhood of Locomotive Engineers and Trainmen (BLET) have ratified a new five-year collective agreement covering approximately 300 employees working on CP's\n \n Soo Line\n \n subsidiary.\n \n \n \"We thank the BLET for working collaboratively to reach this negotiated collective agreement,\" said\n \n Keith Creel\n \n , CP's President and CEO. \"The ratification of this agreement, which provides improved pay and flexibility, is a positive for our railroaders, further demonstrating CP's commitment to reaching new negotiated collective agreements.\"\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 The BLET hourly collective agreement includes\n \n Soo Line\n \n locomotive engineers in\n \n North Dakota\n \n ,\n \n Minnesota\n \n ,\n \n Wisconsin\n \n ,\n \n Illinois\n \n and\n \n Indiana\n \n .\n \n \n \n Forward looking information\n \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 ou...