Canada’s rail system is facing a systemwide shutdown before the end of the month after the country’s rail workers voted in favor of a strike, their union announced on May 1.
The union, representing more than 9,000 employees at Canadian National Railway and Canadian Pacific Kansas City, announced that 95% of its members approved of a strike.
The dispute centers on wage increases and scheduling changes. The union rejected Canadian National’s offer for wage boosts, scheduled consecutive days off, provisions for no layoffs and reduced hours from home.
Giving the union permission to call a strike is not the final action before a work stoppage. The railroad companies and the union entered a 21-day “cooling down” period with federal mediation, meaning a strike could begin as early as May 22 if an agreement is not reached, disrupting the transport of products including coal, minerals and petroleum beyond the Canadian border.
The companies’ contracts for engineers, conductors and yard workers expired at the end of 2023, and negotiations have been ongoing for six months.
Recommended Reading
Exclusive: Why Family Offices Favor ‘Lower-Risk’ Oil, Gas Investments
2024-11-22 - Evan Smith, Stephens’ senior vice president for investment banking, describes growth in the company’s network of family offices, specifically those investing in the energy sector, in this Hart Energy Exclusive interview.
RWE Acquires Majority Interest in R3 Renewables
2024-11-21 - RWE said it will acquire seven potential renewable projects in Indiana and Illinois.
Exxon to Invest Over $200MM Toward Advanced Recycling Units in Texas
2024-11-21 - Exxon Mobil Corp.’s new operations, in Baytown and Beaumont, will bring the company’s capacity to 500 million pounds per year.
Electrification of Permian Faces a Problem: Not Enough Shock for the System
2024-11-21 - Permian Basin producers may have to wait years for Texas utilities to grow the grid.
SolarBank Plans for 4.6-MW Solar Project in New York
2024-11-21 - SolarBank Corp. is developing Stone Church, a 4.6-megawatt direct current ground-mount solar project in New York.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.