Cp issues 72-hour notice to lock-out tcrc-train & engine employees

Calgary, ab, march 16, 2022 /prnewswire/ - canadian pacific railway limited (tsx: cp) (nyse: cp) has issued 72-hour notice to the teamsters canada rail conference (tcrc)-train & engine of its plan to lock-out employees at 00:01 et on march 20, 2022 if the union leadership and the company are unable to come to a negotiated settlement or agree to binding arbitration. "for the sake of our employees, our customers, the supply chain we serve and the canadian economy that is trying to recover from multiple disruptions, we simply cannot prolong for weeks or months the uncertainty associated with a potential labor disruption," said keith creel, cp president and ceo.
CP Ratings Summary
CP Quant Ranking