CALGARY, Alberta — Canadian Pacific Kansas City (CPKC) said it will issue notice to the Teamsters Canada Rail Conference (TCRC)… of its plan to lock out employees on August 22 if union leadership and the company are unable to come to a negotiated settlement or agree to binding interest arbitration. …The decision to issue a lockout notice comes after the Canada Industrial Relations Board (CIRB) on Friday issued its decision determining that no services need to be maintained during a railway strike or lockout in order to protect Canadian public health and safety. The CIRB also ordered a 13-day extension of the cooling off period which ends on Aug. 22. All stakeholders want an end to this needless uncertainty so that we can continue serving the North American economy. Stability could be restored today if the TCRC would accept CPKC’s offer to resolve the current labour dispute through binding interest arbitration.