Canadian Pacific Kansas City provides update on TCRC labor negotiations

Canadian Pacific Kansas City filed a notice of dispute with the Federal Mediation and Conciliation Service requesting the appointment of a Federal Conciliation Officer to assist CPKC and both the Teamsters Canada Rail Conference, or TCRC, Train & Engine division and the TCRC – Rail Canada Traffic Controllers, or RCTC, division in reaching negotiated collective agreements. The TCRC – T&E represents CPKC’s roughly 3,200 locomotive engineers, conductors and train and yard workers, and the TCRC – RCTC represents approximately 80 rail traffic controllers, all in Canada. This is a process available under the Canada Labour Code to help employers and unions achieve negotiated collective agreements. Since September 2023, CPKC has been negotiating in good faith with the TCRC – T&E and TCRC – RCTC. CPKC has offered both a fair and balanced agreement with wage and benefit increases and more schedule predictability and quality of life improvements for its T&E employees. The latest collective bargaining negotiation session took place the week of January 29. Both CPKC and Union leadership remain far apart on the issues. CPKC has an excellent track record of successful collective bargaining with its unions. However, Federal Conciliation has been required in nine of the 10 collective bargaining rounds of negotiations between the TCRC – T&E and CPKC since 1993. CPKC is and will remain focused on, and committed to, arriving at a negotiated outcome that is in the best interests of its employees and their families, its customers, its shareholders and the overall Canadian economy. Everyone benefits when the railway can continue providing essential rail service, delivering goods across Canada and supporting the import and export of goods internationally. While the two TCRC collective agreements expired on December 31, 2023, they remain in effect under Canadian labour law until the parties reach new agreements.