CN workers reject deal

Tentative labour agreements between CN and its workers failed to be ratified by union members, the railway says.

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The agreements were negotiated in October 2013.

The Teamsters Canada Rail Conference – Conductors, Trainpersons and Yardpersons represents approximately 3,000 CN train employees in Canada.

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“We have agreed to meet with the TCRC-CTY leaders next week to review the ratification results and discuss solutions on how we move forward from here,” Jim Vena, CN executive vice-president and chief operating officer, says.

CN transports approximately $250 billion worth of goods a year, ranging from resource products to manufactured products to consumer goods, across a rail network spanning Canada and mid-America.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.