Canadian National Scheduled to Negotiate with the Canadian Auto Workers March 3 and 4 to Reach Contract Settlement.Business Editors MONTREAL--(BUSINESS WIRE)--March 1, 2001 Canadian National (NYSE NYSE See: New York Stock Exchange :CNI)(TSE:CNR.) said today it believes it can reach a contract settlement with the Canadian Auto Workers The Canadian Auto Workers (CAW; formally the National Automobile, Aerospace, Transportation and General Workers Union of Canada) is one of Canada's largest and highest profile trade unions. without labour disruption and is scheduled to negotiate with the union on March 3 and 4 with the help of federal mediators. CN was responding to the CAW's decision today to give CN notice of its intention to strike the railroad on Wednesday, March 7, 2001 if negotiations do not produce a settlement. CN said it has tabled a fair, reasonable offer of settlement with the CAW that is consistent with the pattern of Canadian rail industry labour agreements negotiated and ratified by major rail unions in the past year at CN and Canadian Pacific Railway Canadian Pacific Railway, transcontinental transportation system in Canada and extending into the United States, privately owned and operated. The construction of a railroad crossing the continent in Canadian territory was one of the conditions on which British . To date, CN has secured ratified agreements with the Brotherhood of Maintenance of Way Employees and the Canadian National Railways Police Association; a tentative agreement has been signed with the International Brotherhood of Electrical Workers The International Brotherhood of Electrical Workers (IBEW) is a labor union which represents workers in the electrical industry in the United States and Canada, particularly electricians, or Inside Wiremen, in the construction industry and linemen and other employees of public . CN is seeking a three-year agreement with the CAW to replace one that expired Dec. 31, 2000. The CAW represents about 5,000 active CN employees in Canada. If negotiations do not succeed and a strike occurs, CN said it intends to continue operations with management personnel performing CAW shopcraft, clerical and intermodal jobs. 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 spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east , serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key cities of Toronto, Buffalo, Detroit, Chicago, Memphis, St. Louis, and Jackson, Miss., with connections to all points in North America. |
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