Canadian Pacific’s Maintenance of Way Workers Ratified Three-Year Agreement

CALGARY — Canadian Pacific was notified by the Teamsters Canada Maintenance of Way Employees Division that the Memorandum of Settlement reached in April 2010 by Canadian Pacific and the TCRC MWED has now been ratified by the membership.

The renewed collective agreement, which covers Canadian Pacific’s 2,100 maintenance of way employees in Canada, provides a six per cent wage increase over three years, extending to the end of 2012. This is consistent with the pattern of all other Canadian labour agreements for this period.

The contract contains a suite of work rule changes that will give the Company increased flexibility to more cost effectively deploy staff against work load.