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CPRail Agreement reached

NEWS RELEASE

June 6th, 2007

At approximately 06:30 am today, June 6th, the Teamsters Canada Rail Conference Maintenance of Way Employees Division reached tentative agreement with CPRail on a three year contract.

Talks began, with the assistance of federal mediators Elizabeth MacPherson and William Lewis, on Monday June 4th and carried on into the early hours of the morning both days.

" Though the issues on the table were contentious, both parties were committed to settling the dispute and with the help of the mediators, were successful." said TCRC MWED President Bill Brehl.

The TCRC MWED has been on strike since May 15th, 2007, which followed over ten months of bargaining and mediation.

The parties plan on working towards getting the employees back on the job as soon as possible while conducting a ratification vote, and are working out the logistics presently.

The parties also plan to meet later this afternoon to finalize language and then sign off, after which more details will be released.

For more information please contact:
Bill Brehl @ 519) 819 1530
or Ken Deptuck at (613) 733 4456

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