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Canadian Pacific, Teamsters still negotiating wages, benefits

Union needs to give 72 hours’ notice ahead of work stoppage

A Canadian Pacific train at a rail yard. (Photo: Shutterstock/Wirestock Creators)

Canadian Pacific and the Teamsters Canada Rail Conference (TCRC) are still negotiating over the terms of a new collective agreement, both sides said early Wednesday.

Should negotiations fail, TCRC members could go on strike following a 72-hour advanced strike notice to CP (NYSE: CP). The union confirmed it has not yet issued that notice that it would conduct a work stoppage. 

Teamsters members voted earlier this month to conduct a work stoppage should negotiations between the union and CP fail to produce a new labor agreement. A strike could have occurred as early as midnight Wednesday if TCRC had issued a 72-hour advance notice beforehand.

CP, TCRC and federal mediators met throughout the weekend in the hope of achieving a negotiated settlement and averting a work stoppage, CP told FreightWaves, adding that those negotiations are continuing in Calgary. 

The last four-year labor agreement expired Dec. 31. The union has said the main points of contention include wages, benefits and pensions, while CP says it has offered a two-year collective agreement that includes wage increases and agrees to 20 union demands on benefits and work rules.

A potential strike would affect more than 3,000 locomotive engineers, conductors, trainpersons and yardpersons working at CP.

Stakeholders on both sides of the U.S.-Canada border have been pressing CP and the Teamsters to avert a work stoppage, saying it could disrupt a supply chain still recovering from the COVID-19 pandemic.

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Joanna Marsh

Joanna is a Washington, DC-based writer covering the freight railroad industry. She has worked for Argus Media as a contributing reporter for Argus Rail Business and as a market reporter for Argus Coal Daily.