CN Receives Strike Notice from Union Representing Signals and Communications Employees in Canada

CN Receives Strike Notice from Union Representing Signals and Communications Employees in Canada

Operational contingency plan would ensure continued normal safe operations

MONTREAL, June 15, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) confirmed today that the International Brotherhood of Electrical Workers (IBEW), which represents approximately 750 employees in Canada, has given the Company a 72-hour notice of its intention to strike as of 11:00 AM Eastern Time on June 18, 2022.

CN has negotiated with the union in good faith and will continue to do so. The Company has also offered to resolve the remaining differences, which are predominantly on wages and benefits, through binding arbitration. CN remains optimistic that an agreement can be reached without a labour disruption.

However, should the union move forward with a strike, CN has prepared and is ready to implement an operational contingency plan. This plan would ensure a normal level of continued safe operations as long as required.

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.

Contacts:

Media Investment Community
Jonathan Abecassis Paul Butcher
Senior Manager Vice-President
Media Relations Investor Relations
438-455-3692 (514) 399-0052
media@cn.ca investor.relations@cn.ca

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.