Labour minister to hold news conference on rail lockout as economic costs loom large

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Labour minister to hold news conference on rail lockout as economic costs loom large
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OTTAWA — Labour Minister Steven MacKinnon is set to provide an update Thursday afternoon about the lockout at Canada's two biggest rail companies. Canadian National Railway Co. and Canadian Pacific Kansas City Ltd.

OTTAWA — Labour Minister Steven MacKinnon is set to provide an update Thursday afternoon about the lockout at Canada's two biggest rail companies.

While the economic cost of the work stoppage is staggering, the lockout also comes at a time when all federal parties are courting the labour vote. Moody's warned that the work stoppage could cost the Canadian economy $341 million per day, with agriculture, forestry and manufacturing among the hardest-hit sectors.

The NDP leader also criticized the companies for locking out their employees and said they should be bargaining with Teamsters Canada. However, Singh said, it has been his party’s position since the"very beginning" that if Liberals were to bring in back-to-work legislation and call it a conference vote,"we will vote against that every single time." He also said New Democrats would considered the deal to be broken if a confidence vote were to happen.

The last time the Liberal government enacted such a law was in 2021, to end a strike by dockworkers at the Port of Montreal.

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