CN Completes National Labor Negotiations With Contract Ratification by Rail Canada Traffic Controllers.MONTREAL--(BUSINESS WIRE)--Nov. 11, 1998--CN (ME:CNR.) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CNR.) (NYSE NYSE See: New York Stock Exchange :CNI) Canadian National has completed national 1998 labor negotiations with all of its unions in Canada following ratification of a new labor contract by the 300-member Rail Canada Traffic Controllers union. Rail traffic controllers play a key role in dispatching trains across CN's Canadian rail network. With all labor contracts now ratified in Canada, CN has renewed collective agreements with seven unions through the end of the year 2000. The RCTC RCTC Riverside County Transportation Commission RCTC Rochester Community & Technical College (Minnesota RCTC Rewriteable Consumer Time Code RCTC Reserve Components Training Center RCTC Rewritable Consumer Time Code agreement, retroactive to Jan. 1, 1998, includes wage increases of two per cent annually and improvements to pension, benefit, dental and extended health care plans. Canadian National Railway Company Canadian National Railway Company (NYSE: CNI, TSX: CNR) is a Canadian rail transportation company that operates the Canadian National Railway. It was created in December, 1918 as a Crown corporation of the Government of Canada to nationalize several bankrupt rail systems serves all of Canada the U.S. Midwest, including the ports of Vancouver, Montreal and Halifax and the key cities of Toronto, Chicago, Detroit and Buffalo, with connections to all points in North America. |
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