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Canadian Pacific Railway Ltd.
CP 0.08%
trains had been halted Sunday morning, stalling world shipments of key manufactured items and commodities like fertilizers, after an deadlock in contract negotiations between the corporate and its conductors and engineers.
The Teamsters Canada Rail Convention, which represents greater than 3,000 conductors, engineers and yard employees at Canadian Pacific, issued a press release close to midnight Sunday Japanese time stating that the railway initiated the lockout after the union failed to satisfy the corporate’s deadline for approving a brand new contract.
Patrick Waldron,
a spokesman for Canadian Pacific, stated the union misrepresented the reason for the work stoppage. The railway’s representatives had been nonetheless on the negotiating desk with a federally-appointed mediator in Calgary, Alberta, ready for a response to a brand new contract provide when the union issued its assertion that the railway had initiated a lockdown.
“The actions of the teamsters’ management final night time had been dishonest and irresponsible. The union falsely claimed that Canadian Pacific initiated a lockout. In actual fact it was the union that initiated the work stoppage,” Mr. Waldron stated.
Canadian Pacific continues to need to discount in good religion with the union, he stated. “The union’s actions present an entire disregard for the pointless harm it will trigger to the availability chain,” Mr. Waldron stated.
The union didn’t instantly reply to a request for remark.
The railway has been in negotiations and mediation since September with the union, which seeks elevated wage and pension advantages and extra relaxation instances. The state of affairs marks the fourth time since 2011 that the contract negotiations with the Teamsters triggered work stoppages at Canadian Pacific.
The prospect of a strike prompted a variety of companies, prospects and politicians to publicly urge the Canadian authorities to introduce back-to-work laws that might power placing employees to return to their jobs. Such a regulation would require a vote of Canada’s parliament, which is about to convene Monday after a break.
Canada’s Labor Minister
Seamus O’Regan
traveled to Calgary, Alberta, the place contract negotiations are going down. He had urged each side to keep away from a piece stoppage that might exacerbate current supply-chain bottlenecks and rising commodity costs. Halting Canadian Pacific’s trains “couldn’t have come at a worse time,” he stated in a video assertion posted on Twitter.
Canadian Pacific is the sixth-largest freight railway in North America, transport items throughout Canada and south to central U.S. states. It’s the major shipper of fertilizers resembling Canadian potash, which is mined within the province of Saskatchewan.
Nutrien Ltd.
is the world’s largest company potash producer and most manufacturing from its Saskatchewan mines is transported by Canadian Pacific to ships destined for international nations. Nutrien stated this week that it plans to extend its annual manufacturing of potash this yr by about 7%, or almost 1 million metric tons, after potash shipments from Russia and Belarus, main producers, had been successfully halted within the wake of the Ukraine battle.
Nutrien Chief Government
Ken Seitz
stated that if the rail strike extends for various weeks, the corporate will begin decreasing manufacturing at its potash mines as a result of its warehouses are at present stuffed with the fertilizer for planting season.
“It’s a irritating state of affairs given what’s going on on the earth, and we’d anticipate some laws,” he stated.
Write to Jacquie McNish at Jacquie.McNish@wsj.com
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