CN-IBEW arbitration ends with new collective bargaining agreement, The Canadian Business Journal

MONTREAL, Oct. 11, 2022 (GLOBE NEWSWIRE) — Today CN (TSX: CNR) (NYSE: CNI) announced the conclusion of its arbitration process with the International Brotherhood of Electrical Workers (IBEW). The three-year collective agreement he has is backdated to January 1, 2022 and is valid until December 31, 2024. The agreement includes wage increases of 3% each for 2022, 2023 and 2024.

“We are pleased that this arbitration has ended. We will continue to focus on implementing a back-to-basics approach by maximizing the effectiveness and efficiency of our network.”
– Rob Reilly, Executive Vice President and Chief Operating Officer, CN

IBEW represents approximately 750 unionized Signals and Communications employees in CN’s Canadian operations.

About CN
CN is a world-class transportation leader and trade enabler. CN is vital to the economy, customers and communities it serves, transporting more than 300 million tons of natural resources, products and finished goods safely throughout North America each year. As the only railroad linking Canada’s east and west coasts with the southern United States through a network of 18,600 miles, CN and its affiliates have contributed to the prosperity of the community and sustainable trade since his 1919. CN is committed to programs that support social responsibility and environmental stewardship.

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