Latest news with #WilliamKaplan
Globe and Mail
4 days ago
- Business
- Globe and Mail
CPKC receives arbitration decision establishing new TCRC collective agreements
CALGARY , AB , May 30, 2025 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it has received an arbitrator's ruling establishing new collective bargaining agreements with the Teamsters Canada Rail Conference (TCRC) – Train and Engine (T&E) division and the TCRC - Rail Canada Traffic Controllers (RCTC) division. Arbitrator William Kaplan issued his ruling after the completion of multiple rounds of mediation and ultimately the conclusion of the interest arbitration process. The arbitrator's ruling establishes terms of new four-year contracts with both TCRC bargaining units. TCRC – T&E represents approximately 3,200 locomotive engineers, conductors, train and yard workers across Canada . TCRC – RCTC represents approximately 80 rail traffic controllers in Canada . The new collective agreements with the TCRC divisions, effective from January 1, 2024 , through December 31, 2027 , include annual wage increases of 3%. The provisions outlined in the arbitrator's award do not require ratification. The establishment of these multi-year collective agreements involving train crews and rail traffic controllers come after the ratification earlier this year of three new collective agreements reached at the bargaining table between CPKC and unions representing thousands of mechanical, engineering, clerical and intermodal employees in Canada . Together, these agreements bring labour stability to CPKC operations in Canada , allowing efficient and dependable rail service to continue uninterrupted for years to come. Forward looking information This news release contains certain forward-looking information and forward-looking statements (collectively, "forward-looking information") within the meaning of applicable securities laws in both the U.S. and Canada . Any statements about CPKC's expectations, beliefs, plans, goals, targets, predictions, forecasts, objectives, assumptions, information and statements about possible future events, conditions and results of operations or performance are not historical facts and may be forward-looking. Forward-looking information in this news release includes, but is not limited to, statements in respect of the collective bargaining agreements entered into between CPKC TCRC divisions, and the effects and results stemming therefrom. Forward-looking information is often, but not always, made through the use of words or phrases such as "anticipates", "aims", "strives", "seeks", "believes", "can", "could", "may", "predicts", "potential", "should", "will", "estimates", "plans", "mileposts", "projects", "continuing", "ongoing", "expects", "intends" and similar words or phrases suggesting future outcomes. The forward-looking information that may be in this news release is based on current expectations, estimates, projections and assumptions, having regard to CPKC's experience and its perception of historical trends, and includes, but is not limited to, expectations, estimates, projections and assumptions relating to: applicable laws, regulations and government policies; and CPKC's relationship with TCRC going-forward. Undue reliance should not be placed on forward-looking information as actual results may differ materially from the forward-looking information. Forward-looking information is not a guarantee of future performance. By its nature, CPKC's forward-looking information involves numerous assumptions, inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking information, including but not limited to the following factors: general North American and global economic and business conditions; changes in laws and regulations; and labour disputes. The foregoing list of factors is not exhaustive. These and other factors are detailed from time to time in reports filed by CPKC with the securities regulators in Canada and with the Securities and Exchange Commission (SEC) in the United States . Readers should refer to "Item 1A - Risk Factors" and "Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Information" in CPKC's annual reports on Form 10-K and to our risk factor and forward-looking information disclosure in our Form 10-Q filed on SEDAR+ ( and EDGAR ( Readers are cautioned not to place undue reliance on forward-looking information. Forward looking information is based on current expectations, estimates and projections and it is possible that predictions, forecasts, projections, and other forms of forward-looking information will not be achieved by CPKC. Except as required by law, CPKC undertakes no obligation to update publicly or otherwise revise any forward-looking information, or the foregoing assumptions and risks affecting such forward-looking information, whether as a result of new information, future events or otherwise. About CPKC With its global headquarters in Calgary, Alta. , Canada , CPKC is the first and only single-line transnational railway linking Canada , the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit to learn more about the rail advantages of CPKC. CP-IR
Yahoo
4 days ago
- Business
- Yahoo
CPKC receives arbitration decision establishing new TCRC collective agreements
CALGARY, AB , May 30, 2025 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it has received an arbitrator's ruling establishing new collective bargaining agreements with the Teamsters Canada Rail Conference (TCRC) – Train and Engine (T&E) division and the TCRC - Rail Canada Traffic Controllers (RCTC) division. Arbitrator William Kaplan issued his ruling after the completion of multiple rounds of mediation and ultimately the conclusion of the interest arbitration process. The arbitrator's ruling establishes terms of new four-year contracts with both TCRC bargaining units. TCRC – T&E represents approximately 3,200 locomotive engineers, conductors, train and yard workers across Canada. TCRC – RCTC represents approximately 80 rail traffic controllers in Canada. The new collective agreements with the TCRC divisions, effective from January 1, 2024, through December 31, 2027, include annual wage increases of 3%. The provisions outlined in the arbitrator's award do not require ratification. The establishment of these multi-year collective agreements involving train crews and rail traffic controllers come after the ratification earlier this year of three new collective agreements reached at the bargaining table between CPKC and unions representing thousands of mechanical, engineering, clerical and intermodal employees in Canada. Together, these agreements bring labour stability to CPKC operations in Canada, allowing efficient and dependable rail service to continue uninterrupted for years to come. Forward looking information This news release contains certain forward-looking information and forward-looking statements (collectively, "forward-looking information") within the meaning of applicable securities laws in both the U.S. and Canada. Any statements about CPKC's expectations, beliefs, plans, goals, targets, predictions, forecasts, objectives, assumptions, information and statements about possible future events, conditions and results of operations or performance are not historical facts and may be forward-looking. Forward-looking information in this news release includes, but is not limited to, statements in respect of the collective bargaining agreements entered into between CPKC TCRC divisions, and the effects and results stemming therefrom. Forward-looking information is often, but not always, made through the use of words or phrases such as "anticipates", "aims", "strives", "seeks", "believes", "can", "could", "may", "predicts", "potential", "should", "will", "estimates", "plans", "mileposts", "projects", "continuing", "ongoing", "expects", "intends" and similar words or phrases suggesting future outcomes. The forward-looking information that may be in this news release is based on current expectations, estimates, projections and assumptions, having regard to CPKC's experience and its perception of historical trends, and includes, but is not limited to, expectations, estimates, projections and assumptions relating to: applicable laws, regulations and government policies; and CPKC's relationship with TCRC going-forward. Undue reliance should not be placed on forward-looking information as actual results may differ materially from the forward-looking information. Forward-looking information is not a guarantee of future performance. By its nature, CPKC's forward-looking information involves numerous assumptions, inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking information, including but not limited to the following factors: general North American and global economic and business conditions; changes in laws and regulations; and labour disputes. The foregoing list of factors is not exhaustive. These and other factors are detailed from time to time in reports filed by CPKC with the securities regulators in Canada and with the Securities and Exchange Commission (SEC) in the United States. Readers should refer to "Item 1A - Risk Factors" and "Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Information" in CPKC's annual reports on Form 10-K and to our risk factor and forward-looking information disclosure in our Form 10-Q filed on SEDAR+ ( and EDGAR ( Readers are cautioned not to place undue reliance on forward-looking information. Forward looking information is based on current expectations, estimates and projections and it is possible that predictions, forecasts, projections, and other forms of forward-looking information will not be achieved by CPKC. Except as required by law, CPKC undertakes no obligation to update publicly or otherwise revise any forward-looking information, or the foregoing assumptions and risks affecting such forward-looking information, whether as a result of new information, future events or otherwise. About CPKC With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit to learn more about the rail advantages of CPKC. CP-IR View original content to download multimedia: SOURCE CPKC View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
4 days ago
- Business
- Cision Canada
CPKC receives arbitration decision establishing new TCRC collective agreements
CALGARY, AB , May 30, 2025 /CNW/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it has received an arbitrator's ruling establishing new collective bargaining agreements with the Teamsters Canada Rail Conference (TCRC) – Train and Engine (T&E) division and the TCRC - Rail Canada Traffic Controllers (RCTC) division. Arbitrator William Kaplan issued his ruling after the completion of multiple rounds of mediation and ultimately the conclusion of the interest arbitration process. The arbitrator's ruling establishes terms of new four-year contracts with both TCRC bargaining units. TCRC – T&E represents approximately 3,200 locomotive engineers, conductors, train and yard workers across Canada. TCRC – RCTC represents approximately 80 rail traffic controllers in Canada. The new collective agreements with the TCRC divisions, effective from January 1, 2024, through December 31, 2027, include annual wage increases of 3%. The provisions outlined in the arbitrator's award do not require ratification. The establishment of these multi-year collective agreements involving train crews and rail traffic controllers come after the ratification earlier this year of three new collective agreements reached at the bargaining table between CPKC and unions representing thousands of mechanical, engineering, clerical and intermodal employees in Canada. Together, these agreements bring labour stability to CPKC operations in Canada, allowing efficient and dependable rail service to continue uninterrupted for years to come. Forward looking information This news release contains certain forward-looking information and forward-looking statements (collectively, "forward-looking information") within the meaning of applicable securities laws in both the U.S. and Canada. Any statements about CPKC's expectations, beliefs, plans, goals, targets, predictions, forecasts, objectives, assumptions, information and statements about possible future events, conditions and results of operations or performance are not historical facts and may be forward-looking. Forward-looking information in this news release includes, but is not limited to, statements in respect of the collective bargaining agreements entered into between CPKC TCRC divisions, and the effects and results stemming therefrom. Forward-looking information is often, but not always, made through the use of words or phrases such as "anticipates", "aims", "strives", "seeks", "believes", "can", "could", "may", "predicts", "potential", "should", "will", "estimates", "plans", "mileposts", "projects", "continuing", "ongoing", "expects", "intends" and similar words or phrases suggesting future outcomes. The forward-looking information that may be in this news release is based on current expectations, estimates, projections and assumptions, having regard to CPKC's experience and its perception of historical trends, and includes, but is not limited to, expectations, estimates, projections and assumptions relating to: applicable laws, regulations and government policies; and CPKC's relationship with TCRC going-forward. Undue reliance should not be placed on forward-looking information as actual results may differ materially from the forward-looking information. Forward-looking information is not a guarantee of future performance. By its nature, CPKC's forward-looking information involves numerous assumptions, inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking information, including but not limited to the following factors: general North American and global economic and business conditions; changes in laws and regulations; and labour disputes. The foregoing list of factors is not exhaustive. These and other factors are detailed from time to time in reports filed by CPKC with the securities regulators in Canada and with the Securities and Exchange Commission (SEC) in the United States. Readers should refer to "Item 1A - Risk Factors" and "Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Information" in CPKC's annual reports on Form 10-K and to our risk factor and forward-looking information disclosure in our Form 10-Q filed on SEDAR+ ( and EDGAR ( Readers are cautioned not to place undue reliance on forward-looking information. Forward looking information is based on current expectations, estimates and projections and it is possible that predictions, forecasts, projections, and other forms of forward-looking information will not be achieved by CPKC. Except as required by law, CPKC undertakes no obligation to update publicly or otherwise revise any forward-looking information, or the foregoing assumptions and risks affecting such forward-looking information, whether as a result of new information, future events or otherwise. About CPKC With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit to learn more about the rail advantages of CPKC. CP-IR
Winnipeg Free Press
23-05-2025
- Business
- Winnipeg Free Press
When workers are only a tool for business
Opinion For those of us concerned about the Canada Post labour dispute, May 15 was an important day. It was the day we received the recommendations of the industrial inquiry headed by commissioner William Kaplan. The inquiry was intended to provide an impartial analysis that might smooth over seemingly irreconcilable differences between the postal union and corporation. Even though I have written in these pages about labour disputes before, I have been reluctant to address this one in particular. That is because I am an active member of the Canadian Union of Postal Workers. I am a touch uneasy about using this platform to argue a stance which might benefit me directly, and on matters in which I have an obvious bias. I am also not an official spokesperson of the union, and do not want to be perceived as speaking for them. So even though the Kaplan Inquiry deserves a thorough dissection and critical analysis, I am not going to provide that here. I do not feel it is my place to address specific grievances between my union and employer. However, there is one particular statement in the commissioner's report that caught my eye which I think it would be appropriate to discuss. Because it is not something unique to this inquiry or labour dispute. It is a philosophical underpinning of our entire society which I think needs to be pushed into the spotlight. '…Canada Post does not exist to provide CUPW members with employment. It exists for one reason: to deliver letter mail and parcels to the people of Canada.' This is one of the declarations made in the Kaplan Inquiry, and it astonishes me that the commissioner would so bluntly say the quiet part out loud like this. After all, it is one of the great myths of capitalism that the employer/employee relationship is a matter of two free and equal parties entering into a mutually beneficial partnership. The two parties strike a cost/benefit analysis between them and if either party doesn't approve of the conditions of the partnership, they are free to end it and move on with their lives. It's the kind of Econ 101 drivel that capitalist apologists love to trot out, but doesn't hold up to the slightest scrutiny when one considers social realities or power dynamics relative to the employer/employee relationship. Especially when the employer happens to be a large corporation and the employee is living paycheque to paycheque with a scant social safety net to rely upon. As with most Econ 101 truisms that many libertarians wallow in, it is the kind of oversimplification one needs to unlearn to proceed to more advanced economic analysis. The truth of that matter is that the corporate and political spheres have long understood the truth which Kaplan lays out. That labour is not viewed as an equal party in the relationship with their employer at all. That the primary function of the business is the service it provides, and the workers are merely an expense. An externality to be reluctantly dealt with. But when meaningful employment for labourers is reduced to a secondary concern, what we are left with is a form of neofeudalism, where the serfs toil only at the pleasure and need of their lords. History has shown us what happens when we reduce the labouring class to their function of service. When we fail to treat them as equal partners. When we refuse to acknowledge the social utility of providing meaningful and appropriately compensated employment. It is not a tenable philosophy to operate a society under, and it has an ugly end. The employee/employer relationship is supposed to be an equilibrium of cost and benefit. Not only to the parties involved, but to society itself. Because there is no service industry without a robustly employed consumer base to purchase such things. The assertion that the function of service itself supersedes the value of providing employment speaks of a deep bias towards the corporate class. It precludes the possibility of viewing labour as an equal party in disputes between employees and employers. This is an attitude which needs to be discarded if we expect the labouring class to feel like a duly considered part of this society. And how can we expect to reconcile such disputes in an environment which elevates one party above the other? Alex Passey is a Winnipeg author.
National Post
21-05-2025
- Business
- National Post
What is the Canada Post strike all about? Here's what to know about the corporation and its union
Article content 'Since 2018, the Corporation has recorded more than $3 billion in losses before tax, and it will post another significant loss for 2024,' said Canada Post in a news release on Monday. 'In early 2025, the Government of Canada announced repayable funding of up to $1.034 billion for Canada Post to prevent insolvency.' Article content A part-time weekend workforce and workweek efficiencies are an immediate priority for Canada Post, the IIC report stated. Article content Commissioner William Kaplan called the union's proposals to grow its businesses 'unrealistic,' as are its plans to duplicate services provided by other companies, such as 'introducing postal banking, seniors check-ins, establishing artisanal markets at postal stations, and transforming postal stations into community social hubs.' Article content 'In my view,' wrote Kaplan, 'given the financial crisis, Canada Post must focus on saving its core business, not on providing new services.' Article content What are some of the sticking points between the union and Canada Post? Article content Article content The report summarized the main sticking points between the union and Canada Post as the corporation's financial situation, its need to diversify or alter its delivery models in response to current business demands, Canada Post's viability as it is currently configured, the union's negotiated commitments to job security and full-time employment and the need to protect the health and safety of employees. Article content Weekend work is a major sticking point that both parties cannot seem to agree upon. The new offers from Canada Post, which are now under review, maintain the need for part-time work, which increases 'the company's delivery flexibility, especially on weekends, while ensuring that letter carriers are not required to work weekend shifts.' Article content However, the union insists that 'preference should be given to full-time work,' it said in its weekend full-time concept and costing report in March. Article content Canada Post also wants to end door-to-door delivery service, which is the first recommendation made in the IIC report, because it is a financial burden. The union says that the service is worth preserving because it meets the 'needs of the Canadian people, particularly the elderly and disabled, while community mailboxes presented accessibility and other challenges.' Article content As part of its latest proposals, Canada Post said it wants to implement dynamic routing, which it says is an industry standard that involves planning and optimizing delivery routes daily and 'creating more consistent, predictable service for customers.' The report stated that the union agreed it could be cost-saving. But after a failed pilot project in 2017, Canada Post said the company and union could 'not agree on many of its core components.'
