TSX:SPB - Post Discussion
Post by
InvestSmarter on Aug 22, 2024 6:53pm
Over Already?
Canadian National Railway Co. says it has ended its lockout of workers that began earlier today and is to immediately begin a recovery plan. The company says while it’s awaiting a formal order from the Canada Industrial Relations Board, it made this decision in order to speed up the recovery of the economy.
It says it’s satisfied the labour conflict has ended but is disappointed a negotiated deal could not be achieved.
Canadian Pacific Kansas City, meanwhile, says it’s preparing to restart operations.
https://www.thestar.com/business/cn-cpkc-prepare-to-restart-railways-after-ottawa-steps-in-to-end-stoppage/article_2ebc929c-8b64-5c6e-a062-c87c6b47e4b8.html
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