CP and TCRC Collective Bargaining
Collective bargaining between Canadian Pacific Railway (CP) and the Teamsters Canada Rail Conference (TCRC) over labour stability failed on March 20th. While CP has agreed to a number of conditions, the two groups are facing an impasse regarding CP’s Defined Benefit Pension Plan.
Following a 72-hour lockout notice from CP on March 16th, TCRC workers began picketing on March 20th. Global supply chain conditions and the current geopolitical context make this work stoppage especially problematic. Therefore, many are requesting that federal government intervene to ensure that CP operations resume as soon as possible. On March 15th, HPBAC signed a Letter to Ministers from Canada’s business community regarding possible work stoppage at CP initiated by the Canadian Chamber of Commerce.