(Source: Bloomberg News, May 30, 2012)
NEW YORK — Canada’s House of Commons passed legislation forcing an end to the weeklong strike at Canadian Pacific Railway Ltd. that clogged industry supply chains and hampered traffic at the country’s two biggest ports.
The law, which would send all unresolved issues between Canadian Pacific and its workers to binding arbitration, will now be debated in the Senate where ruling Conservatives may use their majority to pass the bill in one day. Labor Minister Lisa Raitt, who introduced the proposal, has said rail service may resume as early as tomorrow.
Full story: Bloomberg News