CN rail trains are shown in a file photo in Vaughan, Ont., on June 20, 2022.
The clock is ticking as Canada's two main rail companies — Canadian National Railway and Canadian Pacific Kansas City — remain in a deadlock with the Teamsters union, which represents around 10,000 workers at the two companies.The clock is ticking as Canada's two main rail companies — Canadian National Railway and Canadian Pacific Kansas City — remain in a deadlock with the Teamsters union, which represents around 10,000 workers at the two companies.But impacts have already begun.
In recent days, Alberta provincial officials have released statements that have called on the federal government to address the possible disruptions. On Monday, Matt Jones, Alberta's minister of jobs, economy and trade, said a rail shutdown would impact "at least $55 million of Alberta exports per day."
"Think of the thousands of businesses across the country that require and rely on consistent, reliable rail shipping to stock their shelves and be able to sell their goods and their wares," Legge said toCanadian National Railway has formally notified the Teamsters union that it would start locking out union workers early on Thursday, following a similar move by Canadian Pacific Kansas City.via rail in 2023. That's higher than the $17.9 billion it transported via water, $15.
He called the situation "completely out of control" and urged the parties involved to come up with an agreement. "We're using rail to get not only our commodities to international markets, but we're also using it to get to domestic agri-food processors, such as wheat miller, barley maltsters," she said.
He noted that all sectors are closely intertwined, meaning that if one takes a hit, others will also face recessionary effects.
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