Rail strike could strand $55M worth of Alberta products each day
CTV
Workers at Canada's two main railways could go on strike as early as Thursday, stranding $55 million worth of Alberta cargo per day.
Workers at Canada's two main railways could go on strike as early as Thursday.
Negotiations between the Teamsters Canada Rail Conference (TCRC), Canadian National Railway (CN), and Canadian Pacific Kansas City (CPKC) are showing no signs of progress.
Roughly two-thirds of every Canadian dollar comes from exports. A strike would halt more than $1 billion in goods that travel through Canada's railways every day.
TCRC, which represents thousands of workers at CPKC, served a 72-hour strike notice on Sunday.
Shortly after that, CN issued its own notice, saying it plans to lock out workers unless an agreement is reached or binding arbitration happens.
Both railways have already started halting some shipments.
Starting Tuesday, CPKC will be embargoing all new rail shipments originating in Canada or shipments in the States that are destined for Canada.
