May. 30 at 8:03 PM
$CP CPKC receives arbitration decision establishing new TCRC collective agreements
Canadian Pacific Kansas City said it has received an arbitrator's ruling establishing new collective bargaining agreements with the Teamsters Canada Rail Conference - Train and Engine division and the TCRC - Rail Canada Traffic Controllers division. Arbitrator William Kaplan issued his ruling after the completion of multiple rounds of mediation and ultimately the conclusion of the interest arbitration process.
The arbitrator's ruling establishes terms of new four-year contracts with both TCRC bargaining units. TCRC - T&E represents approximately 3,200 locomotive engineers, conductors, train and yard workers across Canada. TCRC - RCTC represents approximately 80 rail traffic controllers in Canada. The new collective agreements with the TCRC divisions, effective from January 1, 2024, through December 31, 2027, include annual wage increases of 3%.
The provisions outlined in the arbitrator's award do not require ratification. The establishment of these multi-year collective agreements involving train crews and rail traffic controllers come after the ratification earlier this year of three new collective agreements reached at the bargaining table between CPKC and unions representing thousands of mechanical, engineering, clerical and intermodal employees in Canada.
Together, these agreements bring labour stability to CPKC operations in Canada, allowing efficient and dependable rail service to continue uninterrupted for years to come.
