03:08:25 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Canadian National Railway Company
Symbol CNR
Shares Issued 648,417,560
Close 2023-12-11 C$ 161.44
Market Cap C$ 104,680,530,886
Recent Sedar Documents

FP/CP say indigenous advisory council for CN resigns

2023-12-12 08:05 ET - In the News

The Financial Post reports in its Tuesday edition that a council of prominent indigenous leaders tasked with advising Canadian National Railway has resigned over what they say is the company's failure to acknowledge past wrongs and follow its recommendations for reconciliation. A Canadian Press dispatch to the Post reports that the resignations by all 12 members take effect Dec. 31. Council co-chairs Murray Sinclair, a former senator and head of the Truth and Reconciliation Commission, and Roberta Jamieson, the first female first nations lawyer in Canada, said that they tried to foster understanding, connections and transparency in outlining steps for CN's reconciliation efforts. However, the 104-year-old company has "missed the mark" on reconciliation, they said, and that in order to have a better relationship with indigenous peoples, it must accept its past, take action and commit to change led by indigenous business leaders. The co-chairs said in the statement Monday: "Regardless of who was in charge, CN played a role in the oppression of Indigenous peoples and there is no path forward without that acknowledgment. Rail and freight cars represent the strong arm of oppression in early Canadian history."

© 2024 Canjex Publishing Ltd. All rights reserved.