CPKC mechanical employees ratify new collective bargaining agreement
Rhea-AI Summary
Canadian Pacific Kansas City (CP) announced that Unifor, representing approximately 1,200 mechanical employees across Canada, has ratified a new four-year collective agreement. The agreement provides improved wages and benefits for mechanics, labourers, diesel service attendants, and mechanical support staff.
CPKC CEO Keith Creel highlighted that the agreement, which received strong support among mechanical employees, ensures long-term labor stability while maintaining safe and efficient customer service. This marks the second collective agreement ratification in 2025 for CPKC, following an earlier agreement with Teamsters Canada Rail Conference Maintenance of Way Employees Division, which represents about 2,300 engineering services employees.
Positive
- Successful ratification of labor agreement with 1,200 mechanical employees
- Second successful labor agreement in 2025, following deal with 2,300 engineering employees
- Long-term labor stability secured through four-year agreement
- Strong support from mechanical employees for the ratification
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CP declined 1.43%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"By working collaboratively together with Unifor, we have completed another collective agreement reached at the bargaining table that benefits our employees with improved wages and benefits for years to come," said Keith Creel, CPKC President and Chief Executive Officer. "This agreement, ratified with strong support among our mechanical employees, brings long-term labor stability to our railroaders as we continue to safely and efficiently serve our customers moving the Canadian and North American economies."
Unifor represents approximately 1,200 mechanics, labourers, diesel service attendants and mechanical support staff across
This is the second new collective agreement ratified this year by CPKC employees in
With its global headquarters in
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SOURCE CPKC
