CAW Local 101 ratifies new 3-year contract with CP Rail
March 25, 2005
The CAW and CP Rail announced that a three-year collective agreement with 2,600 employees who repair and service
locomotives and freight cars has been ratified.  The agreement extends to the end of 2007.  It provides for wage increases of 3%
in each year of the collective
agreement.

Tom Murphy, President Local 101 of the CAW, said: "The agreement has many positive changes for both parties and provides a
foundation to work towards a solid and stable future."

Rob Ritchie, President and Chief Executive Officer of CPR, said: "We are pleased to have yet another settlement ratified by
employees - the third contract ratification in just over two months.  We have successfully established a pattern in settlements
that provides consistent mutual benefits and a productive work environment."

A four-year collective agreement with CPR's 4,500 train crew employees was ratified in January and a three-year agreement with
CPR's 2,500 track maintenance employees was ratified earlier this month.

Contracts are also in place with all other unionized employees in Canada, including an agreement with clerical employees
extending to the end of 2006 and agreements with rail traffic controllers and police officers extending to the end of 2005.

Negotiations are continuing with the union representing approximately 375 employees who maintain railway signal systems at
CP.

Source:  NewsWire
 
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