MONTREAL, April 26, 2017 /CNW/ - CN (TSX: CNR) (NYSE: CNI) announced today the ratification of a new five-year collective labour agreement by the International Brotherhood of Electrical Workers (IBEW) System Council 11. The union represents approximately 700 CN signals and communications employees in Canada.
The agreement is retroactive to Jan. 1, 2017 and runs through Dec. 31, 2021. It provides wage increases in each year and benefit improvements.
Mike Cory, executive vice-president and chief operating officer of CN, said: "CN welcomes the IBEW's ratification of this agreement. This contract reinforces our commitment to working together with our employees and their representatives to address workplace issues in a mutually beneficial manner."
CN is a true backbone of the economy, transporting more than C$250 billion worth of goods annually for a wide range of business sectors, ranging from resource products to manufactured products to consumer goods, across a rail network of approximately 20,00 route-miles spanning Canada and mid-America. CN – Canadian National Railway Company, along with its operating railway subsidiaries – serves the cities and ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth, Minn./Superior, Wis., and Jackson, Miss., with connections to all points in North America. For more information on CN, visit the company's website at www.cn.ca.
For further information: Contacts: Media, Patrick Waldron, Senior Manager, Media Relations, (514) 399-8803; Investment Community, Paul Butcher, Vice-President, Investor Relations, (514) 399-0052