Canadian Pacific Railway has reached a tentative four-year contract deal with the Teamsters Canada union, ending a strike that halted rail operations. As a major shipper of grain, crude oil, fracking sand as well as forest and mining products, a prolonged Canadian Pacific strike would have dealt a significant blow to the country’s economy. The union said it was pleased by the agreement, which will keep CP running until at least June 30, 2019.
Canadian Pacific Railway has reached a tentative four-year contract deal with the Teamsters Canada union, ending a strike that halted rail operations. As a major shipper of grain, crude oil, fracking sand as well as forest and mining products, a prolonged Canadian Pacific strike would have dealt a significant blow to the country’s economy. Details of the agreement were withheld while union members ratify the deal.