Canadian Pacific and the Teamsters Canada Rail Conference (TCRC) have agreed to enter into binding arbitration, putting an end to the work stoppage by CP’s locomotive engineers and conductors.
“This decision ensures both sides will get back to the table, and gets us back to moving Canada’s economy forward,” said E. Hunter Harrison, Canadian Pacific’s Chief Executive Officer. “While we would have preferred a negotiated settlement, this is the right thing to do at this time.”
An arbitrator will be appointed by the federal government. No further details are being released at this time.
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