Business groups warn of dire consequences unless feds step in as rail shutdown looms

  • 📰 timescolonist
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

In a joint statement Wednesday, the Canadian Chamber of Commerce, Business Council of Canada, Canadian Federation of Independent Business and Canadian Manufacturers and Exporters say Ottawa needs to take action to ensure trains keep rolling.

MONTREAL — Hours away from an unprecedented potential shutdown at the country's two main railways, a coalition of business groups has amplified their pleas for the federal government to step in and prevent a work stoppage that would upend supply chains — even as the prime minister stressed a deal at the table is the best outcome.

Under the Canada Labour Code, the federal labour minister can refer the dispute to the Canada Industrial Relations Board for binding arbitration and prohibit a strike or lockout in the interim, the business groups said. "Millions of Canadians, workers, of farmers, of businesses right across the country are counting on both sides to do the work to get a resolution."

Canadian Pacific barred virtually all new shipments on Tuesday morning, with CN did the same Wednesday to avoid leaving any goods stranded on the tracks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sault Chamber hosting fireside chat with Minister of Small Business, local MPJuly 31 event at Quattro Hotel will feature former TV host Rechie Valdez and Sault MP Terry Sheehan
Source: SooToday - 🏆 8. / 85 Read more »

Five things to watch for in the Canadian business world in the coming weekFive things to watch for in the Canadian business world in the coming week.
Source: CTVNews - 🏆 1. / 99 Read more »

Business Brief: Can Loblaw’s growing health care empire earn the trust of Canadian patients?Also in today’s edition: A chart, a quiz and a look at the day ahead
Source: globeandmail - 🏆 5. / 92 Read more »

Five things to watch for in the Canadian business world in the coming weekFive things to watch for in the Canadian business world in the coming week
Source: timescolonist - 🏆 15. / 75 Read more »

Five things to watch for in the Canadian business world in the coming weekTORONTO — Five things to watch for in the Canadian business world in the coming week: Toronto home sales The Toronto Regional Real Estate Board will release its July home sales figures on Tuesday. Sales declined 16.
Source: SooToday - 🏆 8. / 85 Read more »