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Labour Restructuring
 12 Months Ended
Dec. 31, 2015
Restructuring and Related Activities [Abstract]  
Labour Restructuring
Labour restructuring

At December 31, 2015, the provision for restructuring was $12 million (2014 – $24 million; 2013 – $50 million). The restructuring accrual was primarily for labour liabilities arising from restructuring plans, including those from prior year initiatives. Payments are expected to continue in diminishing amounts until 2025.

Set out below is a reconciliation of CP’s liabilities associated with its restructuring accrual:
(in millions of Canadian dollars)
2015

2014

2013

Opening balance, January 1
$
24

$
50

$
89

Accrued
(2
)
(7
)
(8
)
Payments
(11
)
(21
)
(33
)
Amortization of discount(1)
1

2

2

Closing balance, December 31
$
12

$
24

$
50

(1) Amortization of discount is charged to income as “Compensation and benefits”.