Canada’s two major freight railroads could come to a halt Thursday if they can’t resolve a contract dispute.
A worker climbs aboard a locomotive at a CPKC rail yard Wednesday, Aug. 21, 2024, in Kansas City, Mo. with the union representing their engineers, conductors and dispatchers. Canada's government is watching closely and may intervene to prevent widespread damage to the economy.
Canadian Prime Minister Justin Trudeau has been reluctant to force both sides into arbitration because he doesn't want to offend the Teamsters Canada Rail Conference and other unions, but he urged both sides to reach a deal Wednesday because of the The railroads said their contract offers have included raises consistent with recent deals in the industry. Engineers make about $150,000 a year on Canadian National while conductors earn $120,000, and CPKC says its wages are comparable.Countless businesses that rely on railroads to deliver their raw materials and finished products would be hurt if the trains do stop. All rail traffic in Canada and all cross-border traffic with the U.S.
He pointed to the 13-day strike by 7,400 British Columbia dockworkers last summer, which manufacturers said blocked the flow of $500 million Canadian worth of goods each day.
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