Canadian Pacific Railway Limited and System Council No. 11 of the International Brotherhood of Electrical Workers (IBEW) are pleased to announce that they have reached a tentative three-year deal.
CP President and CEO Keith Creel thanked the IBEW bargaining committee for their hard work and their creativity. “We have come through a number of challenging years to become an operational leader,” Creel said. “I look forward to working with this union to become the employer of choice.”
Senior General Chairman Steve Martin expressed that while negotiations were difficult “in the end we have reached a good deal for our membership and we’re looking forward to building on the momentum of the last few days.”
The tentative agreement ensures that IBEW employees remain on the job and passenger operations are not impacted.
CP announced a tentative four-year agreement was reached with CP conductors and locomotive engineers and a five-year agreement with KVR conductors and locomotive engineers, ending both strikes.
Details of the agreement will be presented to the TCRC membership for ratification. Approximately 3,000 engineers and conductors are represented by the TCRC.
“This is a positive result for our TCRC employees and their families, the 12,000-strong CP family, our customers and the entire Canadian economy,” said Keith Creel, CP President and CEO. “It is especially meaningful to achieve a four-year tentative agreement with our valued locomotive engineers and conductors, providing long-term stability for all parties involved. This is a significant step toward a renewed positive relationship growing forward together serving our customers and the Canadian economy.”
“We have had the discussion that needed to take place. This is a solid step in re-establishing a positive business relationship and moving forward,” said Doug Finnson, President TCRC.
Both parties wish to acknowledge the efforts of the Federal Mediation and Conciliation Services throughout this process.
No further details will be released at this time.