Canada's Rail Companies and Union Work to Avert Strike

Canada's major rail companies and the Teamsters union are actively negotiating to prevent an impending strike. However, significant issues remain unresolved, according to Labour Minister Steven MacKinnon. Talks are ongoing with Canadian National Railway, which, like Canadian Pacific Kansas City, plans to lock out workers if no deal is achieved by Thursday.

Canada's two main rail companies and the Teamsters union are actively negotiating to avoid a strike, but significant issues remain, said federal Labour Minister Steven MacKinnon during a conversation with Reuters on Tuesday.

MacKinnon made the statement following discussions with Canadian National Railway. Similar to Canadian Pacific Kansas City, the company has indicated plans to lock out workers at the start of Thursday if no agreement is reached.

The looming potential strike reflects ongoing tensions in the rail sector, underscoring the importance of these negotiations for both sides.

(With inputs from agencies.)