"I am very pleased that Canadian Pacific and the TCRC worked together to enter into this agreement," said Labor Minister Lisa Raitt. "This is the first five-year contract for these employees. The cooperative relations demonstrated by both parties means that trains continue to run, which benefits the economic prosperity and security of Canadians."
The TCRC-MWED represents 2,600 men and women who build and maintain the tracks, bridges, structures and machinery on railways in Canada. Their previous agreement expired on Dec. 31, 2012.
TCRC-MWED received a record number of returned ballots and its highest ratification ever for a contract with CP.
A total of 48.7 percent of the ballots mailed out were received by the deadline, with a 97.4 percent "yes" vote.