CP and TCRC agree to enter into binding arbitration

22 Mar CP and TCRC agree to enter into binding arbitration

Update from John Brooks, Executive Vice-President & Chief Marketing Officer: CP and TCRC agree to enter into binding arbitration

Dear customers,

I am pleased to advise you that the Teamsters Canada Rail Conference (TCRC) – Train and Engine Negotiating Committee has agreed to enter into binding arbitration with Canadian Pacific (CP), ending the TCRC strike action that began over the weekend.

CP will immediately begin to execute a safe and structured start-up of its train operations in Canada. Effective immediately, CP has cancelled embargoes currently in place.

This agreement will allow for CP’s 3,000 locomotive engineers, conductors, train and yard workers in Canada to return to work at noon local time on March 22, 2022. CP will work diligently with customers to safely restore normal service to our network as quickly as possible.

We thank you for your business and support during these difficult times. Our entire team appreciates your patience and support, and we are happy to get back to our essential service of serving you and keeping the supply chain moving efficiently and effectively.

If you have any questions, please contact your account manager.

Respectfully,

John Brooks
Executive Vice-President and Chief Marketing Officer



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