MONTREAL, June 15, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today confirmed that the International Brotherhood of Electrical Workers (IBEW), which represents approximately 750 employees in Canada, gave him 72 hours’ notice of his intention to strike at 11:00 a.m. Eastern Standard Time on June 18, 2022.
CN has bargained in good faith with the union and will continue to do so. The Company has also offered to settle the various issues, which primarily relate to wages and benefits, through binding arbitration. CN remains optimistic about the chances of reaching an agreement without a strike.
However, should the union decide to call a strike, CN would be prepared to implement its service continuity plan, which will ensure the continuation of normal operations safely, for as long as necessary.
About CN
CN is a global transportation leader and a major trading partner. Vital to the economy, the customers and the communities it serves, CN safely moves more than 300 million tonnes of natural resources, manufactured goods and finished goods across North America every year. As the only railroad to link the east and west coasts of Canada to the southern United States with an 18,600-mile rail network, CN and its subsidiaries have been helping communities prosper and trade sustainably since 1919. CN CN maintains its commitment to social responsibility and environmental programs.
Sources:
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| Jonathan Abecassis | Paul Butcher |
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| Media Relations | Investor Relations |
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