CN Receives Strike Notice from Union Representing Signals and Communications Employees in Canada
June 15 2022 - 8:30PM
CN (TSX: CNR) (NYSE: CNI) confirmed today that the International
Brotherhood of Electrical Workers (IBEW), which represents
approximately 750 employees in Canada, has given the Company a
72-hour notice of its intention to strike as of 11:00 AM Eastern
Time on June 18, 2022.
CN has negotiated with the union in good faith
and will continue to do so. The Company has also offered to resolve
the remaining differences, which are predominantly on wages and
benefits, through binding arbitration. CN remains optimistic that
an agreement can be reached without a labour disruption.
However, should the union move forward with a
strike, CN has prepared and is ready to implement an operational
contingency plan. This plan would ensure a normal level of
continued safe operations as long as required.
About CNCN is a world-class
transportation leader and trade-enabler. Essential to the economy,
to the customers, and to the communities it serves, CN safely
transports more than 300 million tons of natural resources,
manufactured products, and finished goods throughout North America
every year. As the only railroad connecting Canada’s Eastern and
Western coasts with the U.S. South through a 18,600-mile rail
network, CN and its affiliates have been contributing to community
prosperity and sustainable trade since 1919. CN is committed to
programs supporting social responsibility and environmental
stewardship.
Contacts:
Media |
Investment Community |
Jonathan Abecassis |
Paul Butcher |
Senior Manager |
Vice-President |
Media Relations |
Investor Relations |
438-455-3692 |
(514) 399-0052 |
media@cn.ca |
investor.relations@cn.ca |
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