Calgary, April 20, 2018 – The Minister of Labour has accepted, on the advice of federal mediators, Canadian Pacific`s request to order a vote on a final offer to renew their collective agreements with the Teamsters Canada Railway Conference (TCRC) and the IBEW No. 11 System Council. Both unions strongly recommend that their members reject the company`s offers. Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) and Unifor have ratified a new four-year agreement. "We thank Unifor for working with us throughout this process," said Keith Creel, President and CEO of CP. "Ratifying this agreement, especially in time for the new year, is a positive step for our mechanical employees, our family of 13,000 CP players, our customers and the economy as a whole." "The Teamsters are willing to negotiate with CP, but we can`t negotiate alone," he added. "CP must be prepared to resolve outstanding issues and provide workers with a quality and fair collective agreement." Unifor represents approximately 1,200 CP mechanical employees, who are responsible for the maintenance of rolling stock and locomotives. The current collective agreement expired on December 31, 2018. siblings; This letter is further than our June 26, 2017 newsletter regarding our meetings with the company in Ottawa. During that meeting, Mr Creel asked the Union to consider an extension of our current treaty. The company then reviewed and submitted a proposal to extend the contract until the end of 2018. A 72-month extension contract, which came into effect from January 1, 2015 to December 31, 2020, was concluded in August 2014 during the negotiation phase. Negotiations: 4 months.
From the day the collective agreement is signed, rail controllers in the Calgary area are paid on the basis of the "Level 5" pay scale. "This afternoon, I spoke with Keith Creel, President of CP Rail and TcRC President Doug Finnson, about their collective bargaining. All parties remain at the negotiating table to continue their discussions. I have expressed my expectation that the parties will continue to negotiate in good faith and reach an agreement that continues to have economic success for Canada, and many quality jobs in the middle class depend on it. Through cooperation, communication and trust, CP continues to secure long-term agreements on both sides of the border. Thank you to the National Bureau and Teamsters Canada for their support through this process. We would also like to thank the members and division officers for their support and support. It is accompanied by a letter from the company indicating the validity dates for the implementation of the items listed in Schedule 4. As you will see, the company is committed to implementing several MOS elements prior to ratification.
These points are questions of clarification and/or the result of complaints. In addition, the items do not require any changes to the collective agreement and can be implemented before ratification. Laval, QC, April 14, 2018 – In a press release agreed with Fabrikation and Innuendo, Canadian Pacific (CP) said last night that it was trying to negotiate in good faith with the Teamsters Canada Rail Conference (TC).