Work stoppage saturday initiated by tcrc, not by cp

Calgary, ab, march 20, 2022 /prnewswire/ - canadian pacific railway limited (tsx: cp) (nyse: cp) said that while the company was still engaged in ongoing negotiations facilitated by federal mediators, the teamsters canada rail conference (tcrc) withdrew its services and issued a news release misrepresenting the status of the talks. "we are deeply disappointed that, in the final hours before a legal strike or lockout was to potentially occur, the tcrc negotiating committee failed to respond to the company's latest offer that was presented to them by the federal mediators," said keith creel, cp president and chief executive officer.
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