Rail strike in Canada threatens forest product exports

Canada's largest railroads, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), have locked out over 9,000 workers after failing to secure new labor agreements with the Teamsters Canada Rail Conference (TCRC). This disruption is poised to heavily impact Canada's forest product exports, a sector valued at C$45.5 billion in 2022, highlighting its importance to the national economy. The negotiations between CN, CPKC, and the TCRC began in early 2024, as the current labor agreements were set to expire. Over the summer, discussions focused on key issues like scheduling, fatigue management, and worker ...