CALGARY, July 31, 2014 /CNW/ - Canadian Pacific (TSX:CP)(NYSE:CP) and the Teamsters Canada Rail Conference Rail Canada Traffic Controllers (TCRC-RCTC) announced today that they have reached a tentative six-year labour agreement covering approximately 135 employees rail traffic controllers in Canada.

"I would like to congratulate this union for its leadership at the bargaining table," said Peter Edwards, CP Vice President of Human Resources and Labour Relations. "This agreement reflects our ability to recognize the great work our rail traffic controllers are doing in this period of transformational change."

Details of the tentative agreement are being withheld pending ratification by the TCRC-RCTC membership.
TCRC- Rail Traffic Controllers and Canadian Pacific reach tentative agreement - WSJ.com