CPKC Reaches Tentative Collective Agreement with TCRC-MWED

Canadian Pacific Kansas City (CPKC) said that it has reached a tentative four-year collective agreement with the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) representing engineering service employees in Canada.

“Working together with the TCRC-MWED, we are pleased to have reached an agreement that is good for our railroaders and their families across Canada,” said Keith Creel, CPKC President and Chief Executive Officer. “With another tentative collective agreement completed at the negotiating table, we can continue our work safely and efficiently serving our customers and delivering for the Canadian economy.” 

TCRC-MWED represents approximately 2,300 engineering service employees across Canada.

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

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