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23 November 2007

CP Rail, Union Extend No-Strike Deal Through 8 Dec 2007

 
Fred Green, president and chief executive officer of Canadian Pacific Railway, talks at a news conference after the company's annual general meeting in Calgary, Alberta, 11 May 2007.
 
 
Canadian Pacific Railway and the union representing its 4,500 locomotive engineers and conductors have extended a no-strike and no-lockout agreement through 8 Dec 2007 as they push ahead with talks to salvage a labour deal, the company said on Friday.
 
The deal to keep workers on the job was originally scheduled to end on Saturday.
 
At a ratification vote a week ago, 50.9 percent of those who cast ballots rejected a tentative contract, which the company and union bargaining committees agreed to in September, forcing the two sides to reopen talks.
 
The tentative five-year deal had offered improvements in wages, benefits, and pension provisions, the union said at the time.
 
 
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