Just hours after a strike started, the Teamsters Canada Union and CP Rail have announced a new deal is in place.
It is a four-year tentative agreement.
Union president Doug Finnson called the deal a fair contract that its members can feel good about while CP Rail’s chief executive Keith Creel says the agreements in place are positive for its 12,000 railway employees, customers and the entire Canadian economy.
The tentative agreements must be ratified by Teamsters members over the coming months.
Details of the agreement are being withheld pending ratification.
The union says full operations at both railways will resume Thursday morning across Canada.