CN and IBEW Agree to Binding Arbitration Ending Strike

MONTREAL, July 04, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) is pleased to announce that the International Brotherhood of Electrical Workers (IBEW) has agreed to binding arbitration, bringing the strike to an end at 00:01 EDT on July 5, 2022. Employees in Signals and Communications will return to their roles at 07:00 AM EDT on July 6, 2022.

CN would like to thank its management employees and contractors for their service which allowed rail operations to continue uninterrupted during the strike.

About CN
CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the U.S. South through a 18,600-mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.

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