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November 9, 2012
10:48 EDTCPCanadian Pacific and United Steel Workers ratify five year agreement
Canadian Pacific and the United Steel Workers, Local 1976, representing approximately 800 clerical and intermodal workers, today announced that a five-year contract has been ratified with 87% of the membership voting in favour of the contract terms. The new collective agreement begins in January 2013 and allows for wage increases of 3% in each of the next five years. It also reflects changes that help ensure the CP pension plan is sustainable for employees, current retirees, and CP. "The members voted overwhelmingly in favour of the contract, especially given it provides good wage and benefit improvements," said Steven Hadden, President of USW local 1976. The current contract was due to expire December 31.
News For CP From The Last 14 Days
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January 22, 2015
11:35 EDTCPCanadian Pacific CEO does not see crude staying in mid-40s range
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11:20 EDTCPCanadian Pacific sees incentive compensation expense rising in 2015
Sees $25M-$30M in land sales this year. Sees CapEx unchanged from 2014. Comment from Q4 earnings call.
08:37 EDTCPCanadian Pacific sees FY15 adjusted EPS growth of 25%, consensus $11.10
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08:36 EDTCPCanadian Pacific reports Q4 adjusted EPS $2.68, consensus $2.58
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