Sunday, December 21st1.4°C
24124
22934

Workers at CN Rail reject a second contract proposal by narrow margin

MONTREAL - The union that represents about 3,000 yard workers and train crews at Canadian National Railway Co. (TSX:CNR) says that a second tentative contract has been rejected by slim majority of the votes cast.

A brief statement by the Teamsters Canada Rail Conference says the Feb. 5 tentative agreement was rejected by 891 votes out of 1,751 cast — about 50.9 per cent.

There were also 852 votes in favour of the deal and eight spoiled ballots cast.

The union says 64.2 per cent of active members voted.

The Teamsters says CN has proposed a form of binding arbitration as a way to reach a contract and is unwilling to meet with the union unless it is to discuss the conditions of that process.

The federal government had said it was prepared to intervene and force CN workers back to work before the tentative agreement was reached last month.

The Canadian Press


Read more Business News

24175


Recent Trending




Today's Market
S&P TSX14468.26+121.51
S&P CDNX676.54+11.04
DJIA17804.8026.65
Nasdaq4765.38+16.983
S&P 5002070.65+9.42
CDN Dollar0.8622+0.0005
Gold1195.90+2.50
Oil56.50+2.39
Lumber338.00-0.70
Natural Gas3.464-0.196

 
Okanagan Companies
Pacific Safety0.12-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.25-0.03
Cantex0.03-0.005
Anavex Life Sciences0.1726+0.0026
Metalex Ventures0.05-0.005
Russel Metals25.58-0.42
Copper Mountain Mining1.55-0.02
Colorado Resources0.120.00
ReliaBrand Inc0.011-0.0089
Sunrise Resources Ltd0.05-0.005
Mission Ready Services0.215-0.01

 
23744


24200

FEATURED Property
780348415 Commonwealth Rd
1 bedrooms 1 baths
more details
image2image2image2
Click here to feature your property
Please wait... loading


My final thoughts on real estate

This will be the last column I write on real estate. Largely because at the end of the year I will be handing in my license. After 20+ years of working in land development, resort development and rea...


Reflecting on the end of the year

The importance of the end of the year and the Christmas holidays is profound. It is a time to reconnect with family and traditions that have made us who we are. But the year-end has always been a time...


Parenthood: Estates, insurance & taxes

It is now even more important to ensure your loved ones are well looked if anything should happen to you. Here are a few topics to consider helping you prepare for some of the unexpected events that c...

_



24111

24437


Member of BC Press Council


23860