Signal and communications employees with Canadian Pacific Railway (CP) have voted to accept a tentative three-year deal that helped end a 33-hour work stoppage in late May. CP and the International Brotherhood of Electrical Workers (IBEW) System Council No. 11, which represents 360 CP signal maintainers, announced Friday the union’s CP members had voted 78 […] Read more
Tag Archives canadian pacific
CP’s signal maintainers ratify three-year deal
CP conductors, engineers to get nine per cent raise over four years
Montreal | Reuters — Canadian Pacific Railway conductors and locomotive engineers will get a nine per cent salary hike over four years as part of a tentative agreement reached last week with the Teamsters, spokesmen from both the union and CP said on Wednesday. The agreement, which must first be ratified by members to go […] Read more
Strikes called off as unions, CP reach tentative deals
Labour peace arrives Thursday morning at Canadian Pacific Railway, as the company and the unions for its conductors, engineers and signal maintainers have reached tentative deals. The International Brotherhood of Electrical Workers (IBEW) Council No. 11, which represents about 360 CP signal maintenance staff, announced a tentative three-year deal with Calgary-based CP Tuesday evening. The […] Read more
CP employees to walk the line Tuesday night
Barring any last-minute deals, conductors, engineers and signal maintainers at Canadian Pacific Railway plan to be on strike as of 9 p.m. CT Tuesday. The Teamsters Canada Rail Conference (TCRC), which represents about 3,000 CP engineers, and the International Brotherhood of Electrical Workers (IBEW), which represents about 360 CP signal maintenance staff, both announced Saturday […] Read more
Feed weekly outlook: Prairie grains continue strong rally
CNS Canada — The rally on which southern Alberta feed grain prices have been riding since the start of the year continued this week. “Right now (we’re seeing) some of the best prices on barley for farmers that have been seen in Alberta for a while,” said Joshua Boyko of CorNine Commodities in Lacombe. According […] Read more
ICE weekly outlook: Canola awaits acreage report
CNS Canada — This week’s acreage estimates from Statistics Canada could bring an end to canola’s recent chart surge upward — or could give futures the impetus to move even higher. The dominant July contract closed Wednesday at $535 per tonne, a gain of $8 from the previous Wednesday’s close. Prairie farmers on Friday will […] Read more
CP talks said stagnating as strike deadline looms
Montreal/Vancouver | Reuters –– Canada’s biggest rail union said no progress had been made in negotiations on Friday with Canadian Pacific Railway to reach a deal before a Saturday deadline as worries about a potential strike weighed on the country’s crude oil prices. If the two sides fail to reach a deal, a strike is […] Read more
CP conductors, engineers authorize strike
Montreal | Reuters — Canadian Pacific Railway conductors and locomotive engineers on Friday voted to authorize a strike action that could have the 3,000 workers walk off the job as early as April 21, Teamsters Canada said in a statement. The workers, whose collective agreement expired late last year, are asking for more predictable schedules […] Read more
Grain handle down in CP’s ‘best-ever’ fourth quarter
U.S. income tax reform and significant increases in non-grain traffic more than offset a dip in Canadian Pacific Railway’s grain handle in its fourth quarter of 2017. Calgary-based CP on Thursday reported net income of $984 million on $1.713 billion in gross revenues in what it described as its “best-ever” fourth quarter, up from $384 […] Read more
CN, CP roll over revenue caps for 2016-17
Canada’s big two railways have both overshot the maximum revenue they’re allowed to keep for ferrying the 2016-17 grain crop off the Prairies. The Canadian Transportation Agency on Thursday issued its annual determination of how much, if any, revenue Canadian National Railway (CN) and Canadian Pacific Railway (CP) made over their maximum grain revenue entitlements […] Read more
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