Canadian Pacific and CAW union reach agreement

CALGARY, Feb. 24 /PRNewswire/ - Canadian Pacific (TSX:CP) (NYSE:CP) was notified by the Canadian Auto Workers union (CAW) today that the Memorandum of Settlement reached on February 5, 2011 by Canadian Pacific and the CAW has now been ratified by the membership.

The renewal collective agreement, which covers Canadian Pacific's mechanical services employees in Canada, is four years in duration, extending to the end of 2014.

SOURCE Canadian Pacific

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