Canadian Pacific Kansas City Reaches Tentative Five-Year Collective Agreement With BLET

09:54 AM EDT, 10/01/2026 (MT Newswires) -- Canadian Pacific Kansas City (CP.TO, CP) reached a new tentative five-year collective agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET), it said Thursday. The tentative agreement covers approximately 250 train and engine employees on the southern portion of the Dakota, Minnesota and Eastern (DM&E) property operating trains in Minnesota, Iowa, Illinois and Missouri, said the company. The agreement, which will provide increased wages and more flexible work rules, is pending ratification by the union's membership, added the company. The company's shares were last seen down CA$1.02 to CA$120.18 on the Toronto Stock Exchange. Price: 120.38, Change: -0.82, Percent Change: -0.68