(Reuters distributed the following article on February 25.)
MONTREAL — Canadian National Railway Co., the country’s biggest railroad, and the Canadian Autoworkers Union will resume contract talks later on Wednesday in a bid to end a six-day strike over wages.
“CN management will be meeting the union bargaining committee,” CN spokesman Mark Hallman said.
“We are going to engage in the dialogue with the union but I can’t speculate on the outcome of this particular process.”
Federal government mediators have been helping both sides since negotiations broke down six days ago. The talks will restart later on Wednesday.
“We are just going to have discussions,” union negotiator Abe Rosner said.
Some 5,000 CN mechanics, clerks and intermodal yard workers, or a quarter of the company’s workforce, went on strike last Friday after rejecting an offer for a 3 percent pay raise. Its U.S. workers are not on strike.
CN has used managers and contractors to keep operations running, but the strike has already caused delays and complaints from clients.
CN stock was down 50 Canadian cents at C$52.89 on the Toronto Stock Exchange on Wednesday morning, and down 58 cents at $59.52 in New York.
($1=$1.34 Canadian)