A weeks long strike by 750 signals and communications workers at Canadian National Railway
(CNR) has ended with the union that represents the employees agreeing to binding arbitration.
Workers represented by the International Brotherhood of Electrical Workers walked off the job at
locations across Canada on June 18.
CN Rail’s most recent contract offer included a 10% wage hike over three years and improved
scheduling that ensures workers get two consecutive days off.
The union had rejected management's other proposals aimed at resolving disputed issues,
mostly having to do with wages and benefits.
However, the Brotherhood of Electrical Workers has now agreed to refer the contract offer and
disputed items to binding arbitration to settle the matter and get the signals and communications
workers a new contract.
CN Rail transports about 300 million tonnes of commodities and consumer goods across
Canada and the U.S. every year.
CN Rail’s stock is down 6% this year at $146.19 per share.
