01:04 PM EST, 02/14/2025 (MT Newswires) -- Canadian Pacific Kansas City ( CP ) on Friday said 2,300 engineering service employees in Canada represented by the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) voted to ratify a new four-year collective agreement.

Details of the agreement were not released.

"Working collaboratively with the Teamsters Canada Rail Conference Maintenance of Way Employees Division, we have completed a new agreement that provides improved wages and benefits to our employees," chief executive Keith Creel stated. "This agreement, reached at the bargaining table and ratified with strong support among the membership, brings long-term labor stability for our engineering employees allowing us to continue our work safely and efficiently serving our customers and delivering for the Canadian economy."

CPKC shares were last seen down $0.22 to $110.73 on the Toronto Stock Exchange.

Price: 110.73, Change: -0.24, Percent Change: -0.22