CN announced on February 23 that it has negotiated a tentative labour agreement with the Unifor union. As a result, CN has withdrawn its lockout notice to Unifor. Details of the tentative agreement are being withheld pending ratification by Unifor members. The union is expected to announce the results of the ratification vote in the next three weeks.

Claude Mongeau, President and Chief Executive Officer of CN, said: “We are very pleased that the company and union were able to find common ground on a tentative new labour contract. This settlement forecloses the prospect of a potential labour disruption that would have harmed CN’s employees, its customers and the Canadian economy.”

Unifor represents 4,800 CN employees in four bargaining units at CN – clerical / intermodal; mechanical; CNTL truck owner-operators; and excavator-operators.