The Canadian Pacific Railway (CP Rail) and the Teamsters Canada Rail Conference (TCRC) have reached a new collective agreement for 2020. The agreement comes after months of negotiations and is expected to benefit both parties.
The new agreement includes a wage increase of 2.5% per year for the next three years, along with additional benefits such as improved vacation time and enhanced job security. The agreement also includes a new provision for the use of electronic logging devices to improve safety and efficiency.
One of the key issues in the negotiations was CP Rail`s use of outside contractors for certain services. The new agreement includes protections for union jobs, ensuring that CP Rail cannot contract out work that would negatively impact union members.
The agreement is a significant victory for the TCRC, which represents approximately 3,000 CP Rail employees across Canada. Union leadership praised the deal for its provisions protecting jobs and improving working conditions for union members.
The agreement is also expected to benefit CP Rail, which has struggled with labour unrest in recent years. The new agreement provides stability for the company and its workforce, allowing CP Rail to focus on its core business of transporting goods across North America.
Overall, the new collective agreement between CP Rail and the TCRC is a positive development for both parties. It provides protections for union members while also promoting stability and growth for the company. As Canada`s second-largest railway, CP Rail plays a critical role in the country`s economy, and this agreement ensures that it will continue to do so for years to come.