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Canadian Pacific Railway Ltd
Symbol CP
Shares Issued 172,959,307
Close 2014-07-30 C$ 210.27
Market Cap C$ 36,368,153,483
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CP reaches tentative 6-year labour deal with TCRC-RCTC

2014-07-31 11:29 ET - News Release

Mr. Peter Edward reports

TCRC- RAIL TRAFFIC CONTROLLERS AND CANADIAN PACIFIC REACH TENTATIVE AGREEMENT

Canadian Pacific Railway Ltd. and the Teamsters Canada Rail Conference Rail Canada Traffic Controllers (TCRC-RCTC) have reached a tentative six-year labour agreement covering approximately 135 rail traffic controller employees in Canada.

"I would like to congratulate this union for its leadership at the bargaining table," said Peter Edwards, Canadian Pacific's vice-president of human resources and labour relations. "This agreement reflects our ability to recognize the great work our rail traffic controllers are doing in this period of transformational change."

Details of the tentative agreement are being withheld pending ratification by the TCRC-RCTC membership.

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