02:44:38 EDT Sat 18 May 2024
Enter Symbol
or Name
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CA



Canadian National Railway Company
Symbol CNR
Shares Issued 658,895,048
Close 2023-08-01 C$ 158.74
Market Cap C$ 104,592,999,920
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Globe/CP say CN, others see port workers vote on deal

2023-08-02 07:38 ET - In the News

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The Globe and Mail reports in its Wednesday, Aug. 2, edition that longshore union negotiators will brief workers about a new tentative collective agreement with employers, ahead of a two-day vote on whether to approve the deal that could finally bring an end to British Columbia's long-running port dispute. A Canadian Press dispatch to The Globe reports that the International Longshore and Warehouse Union Canada says on its website the vote will take place Thursday and Friday and reiterates that the group's leadership caucus is recommending acceptance of the deal to its 7,400 members. It says a "stop work" meeting will be held Wednesday morning at the union's Vancouver headquarters, with members of the contract negotiating committee answering questions and all members encouraged to attend. Labour observers are urging caution ahead of the vote, saying there is a history of union members rejecting deals struck at the negotiating table. A previous tentative deal was rejected by the port union's members last week, and University of Manitoba associate professor of labour studies David Camfield says such outcomes remain a possibility, although they have diminished in recent years.

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