Canadian Pacific Railway Ltd. and the union representing 3,000 conductors, engineers and train and dock workers have agreed on final and binding arbitration to end a work stoppage.
The workers will return to work on Tuesday noon local time.
In a statement released early Tuesday morning, Teamsters Canada Rail Conference spokesman Dave Fulton said that while arbitration is not the preferred method, TCRC is able to negotiate terms that are in the best interests of its members, with wages and pensions being included are still stumbling blocks.
He noted that the decision to agree to final and binding arbitration was not taken lightly.
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CP President and CEO Keith Creel said in a statement that the railroad company is pleased to have reached the agreement to enter into binding arbitration, allowing it to “resume our essential services to our customers and the North American supply chain.” .
The added statement CP will immediately work with customers to resume normal train operations across Canada as soon as possible.
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The two sides met with the help of federal mediators.
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Federal Secretary of Labor Seamus O’Regan tweeted his thanks to the two sides, writing, “I congratulate the parties on staying at the table and reaching a resolution with the help of federal mediators.”
In a later statement, O’Regan said the result “is further evidence that we achieve the best outcomes for Canadians and our economy when employers and unions work together.
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O’Regan had vowed to remain in Calgary until a settlement was reached.
Industry groups had been urging Ottawa to introduce return-to-work legislation to end the walkout, but O’Regan indicated over the weekend that the government believed the best deal would be reached at the negotiating table.
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https://globalnews.ca/news/8700170/cp-rail-teamsters-union-settlement-workers-return-jobs/ CP Rail and Teamsters union agree final arbitration, workers to return to work