CPKC Reaches Tentative Collective Agreement with Unifor

Canadian Pacific Kansas City (CPKC) said it has reached a tentative four-year collective agreement with Unifor representing approximately 1,200 employees at CPKC in Canada.

“We are pleased to have reached a tentative collective agreement at the negotiating table with our mechanical employees in Canada,” said Keith Creel, CPKC President and Chief Executive Officer. “By working collaboratively together with Unifor, we have reached an agreement benefiting our employees and their families while continuing to serve the needs of our customers and keeping the Canadian economy moving forward.”  

Unifor represents mechanics, labourers, diesel service attendants and mechanical support staff.

Details of the tentative collective agreement are not being released pending ratification of the new agreement.

About CPKC

Canadian Pacific Kansas City Limited (“CPKC” or the “Company”) owns and operates a transcontinental freight railway spanning Canada, the United States (“U.S.”), and Mexico. CPKC provides rail and intermodal transportation services over a network of approximately 20,000 miles, serving principal business centres across Canada, the U.S., and Mexico. The Company transports bulk commodities, merchandise, and intermodal freight. CPKC’s Common Shares trade on the Toronto Stock Exchange and New York Stock Exchange under the symbol “CP”.

Contact:

Chris de Bruyn – Investor Relations – investor@cpkcr.com – (403) 319-3591

Source: Canadian Pacific Kansas City Limited