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Canada’s CP Railway, union agree to binding arbitration, resume operations -Breaking

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© Reuters. FILEPHOTO: This is the Canadian Pacific railway yard in Port Coquitlam BC, February 15, 2015. REUTERS/Ben Nelms

(Reuters) –Canadian Pacific Railway has reached an agreement with Teamsters Canada Rail Conference to resolve a dispute over labour. Operations will resume at Canada’s second largest railroad on Tuesday.

CP halted operations early Sunday morning and shut down its employees. Each side blamed the other for a halt which could have disrupted shipping of important commodities during soaring prices.

Seamus O’Regan, Jr. Minister of Labour, mediated talks between CP representatives and union officials.

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