# Canada's CP Rail to resume operations after arbitration agreement

> Canadian Pacific Railway said it will resume operations on Tuesday after agreeing with the Teamsters Canada Rail Conference to settle a labor dispute through binding arbitration. The deal ends a work stoppage affecting roughly 3,000 workers.

- Date: 2022-03-22 · published 2022-03-22T12:00:00.000Z
- Category: logistics · region Canada · magnitude low
- Page: https://feedsoft.ai/events/42313-canada-s-cp-rail-to-resume-operations-after-arbitration-agreement
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Restarting CP's network eases the logistics bottleneck for Canadian grain and fertilizer shipments, which should limit the price premium that the shutdown had added. Ongoing service backlogs could still keep some grain movements delayed.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-10-04 | [Canada: Grain trade reputation on the line](https://feedsoft.ai/events/27888-canada-grain-trade-reputation-on-the-line.md) | -5.2% | -6.7% |
| WHEAT | 2018-08-31 | [Agreement reached for people of Churchill, Union cautiously optimistic – Union of Canadian Transportation Employees](https://feedsoft.ai/events/63543-agreement-reached-for-people-of-churchill-union-cautiously-optimistic-union-of.md) | +4.7% | -1.4% |
| WHEAT | 2017-07-12 | [Reuters: US trader Bunge to focus Russian grain operations on Azov Sea - Jul. 12, 2017 \| KyivPost](https://feedsoft.ai/events/69817-reuters-us-trader-bunge-to-focus-russian-grain-operations-on-azov-sea-jul-12.md) | -2.2% | -2.1% |
| WHEAT | 2022-05-21 | [Canada: Docks deal concluded after 4 years of negotiations - The Federation of International Employers - FedEE](https://feedsoft.ai/events/41440-canada-docks-deal-concluded-after-4-years-of-negotiations-the-federation-of.md) | -2.2% | -3.2% |
| WHEAT | 2018-05-30 | [UPDATE 4-Canadian Pacific reaches tentative agreement with striking workers](https://feedsoft.ai/events/65031-update-4-canadian-pacific-reaches-tentative-agreement-with-striking-workers.md) | -0.6% | -2.8% |

## Sources

- reuters.com: https://www.reuters.com/business/canadas-cp-rail-union-enter-arbitration-resume-operations-2022-03-22/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.