(Bloomberg) — Canadian National Railway Co. workers have gone on strike after failing to reach an agreement on Saturday over benefits and wages, according to the International Brotherhood of Electrical Workers lead negotiator.
Author of the article:
Publishing date:
Jun 19, 2022 • 18 minutes ago • 1 minute read • Join the conversation
Article content
(Bloomberg) — Canadian National Railway Co. workers have gone on strike after failing to reach an agreement on Saturday over benefits and wages, according to the International Brotherhood of Electrical Workers lead negotiator.
Article content
The strike of 750 signals and communications workers began at 11 a.m. on Saturday after negotiations failed, Steve Martin said by phone. The union had given a 72-hour strike notice to the company on June 15. The two sides are still in discussions, he said. An email to CN for comment wasn’t returned.
The strike could worsen logistical bottlenecks that have happened as a result of the Covid 19 pandemic, contributing to higher prices. Canada’s inflation rate is expected to reach a 40-year high when Statistics Canada reports consumer prices next week, according to a Bloomberg survey of economists. The rail company is one of two in Canada that transport goods throughout the country and into the U.S.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
