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CPKC says two new collective agreements established through arbitration

CPKC says two new collective agreements established through arbitration

CALGARY – Canadian Pacific Kansas City says an arbitrator's ruling has established two new collective bargaining agreements covering thousands of workers.
The Calgary-based railroad says the deals bring increased labour stability to its Canadian operations, allowing efficient and dependable service to continue for years to come.
The new four-year contracts are with Teamsters Canada Rail Conference divisions covering train crews and traffic controllers.
All together, those bargaining units represent some 4,000 workers across Canada.
The new collective agreements run until the end of 2027 and include annual wage increases of three per cent.
The latest deals follow ones reached at the bargaining table earlier this year with unions representing thousands of mechanical, engineering, clerical and intermodal employees.
Monday Mornings
The latest local business news and a lookahead to the coming week.
This report by The Canadian Press was first published May 30, 2025.
Companies in this story: (TSX: CP)

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Trump sparks a surge in homegrown road trips. Here's where to look for savings on your next adventure

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She is said to have made billions through real estate developments in China before she headed to Canada. Once here, her Central Walk business bought British Columbia malls Tsawwassen Mills, Mayfair Shopping Centre and Woodgrove Centre, as well as Arbutus Ridge Golf Course. The shopping centres feature plenty of Canadian mall staples along with rarities like Bass Pro Shops, L.L. Bean and even café kiosks powered by robot baristas. Gregor thinks Liu operates 'very good malls' but will need a 'wonder team of lawyers' to advance a deal as significant and complex as the Bay one. One thing she'll have going for her is that landlords don't like to leave big pieces of their properties in limbo, said J.C. Williams Group retail strategist Lisa Hutcheson. 'In some ways, she makes it easier for them to not have to be worrying about how they're going to fill that large square footage,' she said. 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Liu will have to generate a new concept that can go head-to-head with long-established department stores like Simons and Holt Renfrew and the plethora of options online. That will likely mean brokering relationships with suppliers Hutcheson believes will be 'a little bit nervous' because they are still reeling from millions in losses that came from the fall of the Bay. It will also mean hiring a large workforce that will devote themselves to an untested brand and then sell it to customers. Liu has promised to give suppliers and vendors who worked with Hudson's Bay priority when selecting partners for her new venture. She has also said she will prioritize hiring from the Bay's workforce, which stood at 9,364 staff before its demise. 'But between now and when I expect (Liu's) doors will open, will be a gap, and many of them will find jobs,' Hutcheson said. Monday Mornings The latest local business news and a lookahead to the coming week. Despite the battery of challenges Liu will have to overcome, Jacobson said the efforts could be worth it for both her and her customers. If Liu uses the opportunity to mirror the overseas department store model with new brands, supermarkets, restaurants, salons, entertainment and other digital experiences, Jacobson thinks Liu will 'usher in a new form of retail' the Canadian market sorely needs. 'If you look at the Chinese department stores, they often act like more of a destination in and of themselves than what we typically see in a Canadian or North American market,' Jacobson said. 'It's a destination where people could spend a significant amount of time … which is going to be needed in order to have a successful model moving forward.' This report by The Canadian Press was first published June 1, 2025.

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