(Source: Teamsters Canada Rail Conference press release, March 22, 2022)
CALGARY — The Teamsters Canada Rail Conference (TCRC) and Canadian Pacific (CP) have agreed to final and binding arbitration. In such a process, both parties agree to accept the arbitrator’s decision as final.
“The decision to agree to final and binding arbitration is not taken lightly,” said Dave Fulton, TCRC spokesperson at the bargaining table. “While arbitration is not the preferred method, we were able to negotiate terms and conditions that were in the best interest of our members. Our members will return to work at 12:00 (noon) local time today.”
Wages and pensions remain stumbling blocks.
There will be no comment from union spokespersons to the media until the arbitration process is complete.
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The Teamsters Union represents the interests of 125,000 members in Canada, 16,000 of whom work in rail transportation. They are affiliated with the International Brotherhood of Teamsters, which has 1.4 million members in North America.