Canadian Pacific Railway announced a 72-hour lockout to suspend operations if labor talks fail

Posted on March 22, 2022   |  

• Calgary-based Canadian Pacific Railway (CP) and the Teamsters Canada Rail Conference (TCRC)  will lock out employees on March 20 if the union representing train conductors and engineers fails to negotiate a new contract to compulsory arbitration.
• The work stoppage will create a freight capacity crisis, TCRC represents 3,000 CP locomotive engineers and conductors.
• The disruption is set to create more uncertainty in fertilizer markets just as farmers need essential nutrients to plant spring crops. 
• Since September, the railway has been in contract discussions with the Teamsters Canada Rail Conference, the union representing over 3,000 Canadian Pacific employees, which is seeking a number of wages, pension, and benefit improvements.