Saturday, March 25

Canada’s CP Railway, union agree to binding arbitration, resume operations


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Canadian Pacific Railway and union Teamsters Canada Rail Conference have agreed to a binding arbitration over a labor dispute, allowing for operations to resume from Tuesday at the country’s second-largest railroad.

CP halted operations and locked its workers out early on Sunday, with each side blaming the other for a halt that could have likely disrupted shipment of key commodities at a time of soaring prices.

Minister of Labour Seamus O’Regan Jr mediated the talks between CP and the union. (Reporting by Ann Maria Shibu in Bengaluru; Editing by Sherry Jacob-Phillips and Sriraj Kalluvila)



financialpost.com