00:00It's Benzinga, and here's what's on the block.
00:03Canadian National Railway and Canadian Pacific Kansas City have shut down their rail networks
00:07in Canada and locked out nearly 10,000 workers after unsuccessful negotiations with the Teamsters
00:12Union.
00:13This unprecedented stoppage is expected to significantly harm the Canadian economy and
00:17cross-border trade with the U.S.
00:20The dispute centers around worker safety issues including fatigue and scheduling, with the
00:24union claiming their proposals were not taken seriously.
00:27The shutdown will severely impact the transport of key goods like grain, potash, coal, and
00:32petroleum products, leading industry groups to urge the government to intervene.
00:35For all things money, visit Benzinga.com.
Comments