AB Direct - Steers

Live: ---
Rail: 304.00-305.00 del

AB Direct - Heifers

Live: ---
Rail: 304.00-305.00 del

US Trade- Steers

Live: 155.00 (TX, KN)
Rail: ---

US Trade - Heifers

Live: 155.00 (TX, KN)
Rail: ---

Canadian Dollar

$74.30
0.12
March 22, 2022

CP Rail and TCRC enter into binding arbitration

Alberta Beef Producers (ABP) is pleased that Canadian Pacific Railway (CP Rail) and Teamsters Canada Rail Conference (TCRC – Train and Engine Negotiating Committee agreed to enter into binding arbitration.

“We are relieved that both parties have decided to enter arbitration,” said Dr. Melanie Wowk, Chair, ABP. “The beef industry is thankful to Premier Jason Kenney and Minister Nate Horner for stepping up and advocating on behalf of the industry. The work stoppage could have resulted in severe impacts, and we are grateful it came to a resolution.”

The agreement enabled CP Rail to return to work effective noon, March 22.

“CP is pleased to have reached agreement with the TCRC Negotiating Committee to enter into binding arbitration and end this work stoppage,” said CP President and CEO Keith Creel.

“The decision to agree to final and binding arbitration is not taken lightly,”  said Dave Fulton, TCRC spokesperson. “While arbitration is not the preferred method, we were able to negotiate terms and conditions that were in the best interest of our members.”

In binding arbitration, involved parties meet with a mediator or arbitrator for discussion, and accept the arbitrator’s decision as final.

Despite the agreement, TCRC says wages and pensions remain stumbling blocks.

Share this on

Leave a Reply

Your email address will not be published. Required fields are marked *

Top Stories

December 2, 2022 Checking in with ABP

2022 Alberta Beef Producers' 4-H Scholarship recipients announced

December 1, 2022 Checking in with ABP

On the minds of Canadian consumers

November 30, 2022 Checking in with ABP

ABP delegates named to Beef Cattle Research Council executive

Cattle Report

Updated: 01/12/2022

Steers

Live: ---
Rail: 304.00-305.00 del

Heifers

Live: ---
Rail: 304.00-305.00 del

Choice Steers

Live: 155.00 (TX, KN)
Rail: ---

Choice Heifers

Live: 155.00 (TX, KN)
Rail: ---

Boner Cows

Over 500 lbs: US$ 151.28

Canadian Dollar

$74.30   0.12

Livestock Price Insurance Index

Expiry Fed Feeder Calf
27-Feb-23 192 226 -
27-Mar-23 196 228 -
24-Apr-23 202 232 -
22-May-23 204 240 -
19-Jun-23 208 250 -
17-Jul-23 204 - -
14-Aug-23 202 246 -
Last Updated on December 1, 2022