B.C.’s economy could be in for a serious system shock, as the threat of strikes loom at both of Canada’s railways, as well as the Port of Vancouver
Railway workers with the Teamsters Canada Rail Conference (TCRC) at both Canadian National Railway Co. (TSX:CNR, NYSE:CNI) and Canadian Pacific Kansas City Ltd. (TSX,NYSE: CP) voted to strike in May.
The job action was temporarily paused, after Canadian Labour Minister Seamus O’Regan ordered the Canada Industrial Relations Board (CIRB) to consider whether a railway strike would be detrimental to the health and safety of Canadians. In essence, it is considering whether or not railways, or parts thereof, should be deemed an essential service.
A
→ Continue reading at BIV