CP and TCRC-MWED Reach Tentative Collective Agreement

Canadian Pacific (“CP”) 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 Canada.

“By working collaboratively with our valued union partners, we’ve reached another negotiated tentative agreement this year,” said Keith Creel, 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.”

Details of the tentative agreement will not be released publicly until the agreement has been ratified.

CP has successfully negotiated agreements with multiple unions representing craft employees in recent months, resulting in the ratification of 16 agreements in 2023 in Canada and the United States.

About Canadian Pacific

Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of CP. CP-IR

Source: Canadian Pacific Railway Limited