A labour dispute that had more than 3,000 employees off the job for two days is now into binding arbitration.
Today (March 22), CP Rail announced it has reached an agreement with the Teamsters Canada Rail Conference (TCRC) – Train and Engine Negotiating Committee to enter into binding arbitration.
"The decision to agree to final and binding arbitration is not taken lightly," stated spokesperson Dave Fulton.
"While arbitration is not the preferred method, we were able to negotiate terms and conditions that were in the best interest of our members."
He announced members would return to work today, however, wages and pensions remain stumbling blocks.
A lockout is a work stoppage that’s initiated by the employer during a labour dispute, in contrast to a strike, which is when employees refuse to work.
TCRC represents approximately 3,000 locomotive engineers, conductors, train and yard workers across Canada.
The shutdown raised concerns of interrupted supply lines hurting farmers and other groups.