CP news release:
Canadian Pacific and Brotherhood of Railway Carmen reach tentative deal
July 29, 2015 Calgary, A
Canadian Pacific (TSX: CP) (NYSE: CP) is pleased to announce that a tentative six-year agreement has been reached with the Brotherhood of Railway Carmen (BRC-TCU), a division of the Transportation and Communications Union/International Association of Machinists. The BRC represents employees on its wholly owned subsidiary, Soo Line Railroad Company.
Full details of the tentative agreement are being withheld pending ratification by the BRC membership.
“After months of negotiating, we have agreed on a deal that is fair to all stakeholders,” said Myron Becker, CP’s Assistant Vice President, Labor Relations. “We look forward to a successful ratification vote and to working
together with our BRC colleagues.”
