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What will be the state of railway operations for Canadian National and CPKC by November 30, 2024?
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Resolution / Starting Odds
Fully operational • 25%
Partially operational • 25%
Still halted • 25%
Other • 25%
Operational status updates from Canadian National and CPKC
Story
Canada Orders Binding Arbitration to Resolve Canadian National, CPKC Rail Dispute
Aug 22, 2024, 09:00 PM
The Canadian government, led by the labour minister, has mandated binding arbitration to resolve a labor dispute that has halted operations of the country's two major freight railroads, Canadian National and CPKC. This decision aims to end the lockouts that have disrupted the railways and forced trains to a standstill across Canada. The federal intervention is intended to resume railway operations promptly, as confirmed by a government official.
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Less than C$1 billion • 25%
C$1 billion to C$2 billion • 25%
C$2 billion to C$3 billion • 25%
More than C$3 billion • 25%
New labor agreement • 25%
Government intervention • 25%
Prolonged shutdown • 25%
Other • 25%
CPKC wins arbitration • 25%
Teamsters Canada Rail Conference wins arbitration • 25%
Mutual agreement reached • 25%
Other outcome • 25%
Yes • 50%
No • 50%
Binding arbitration upheld • 25%
Union wins lawsuit • 25%
New negotiation settlement • 25%
Other • 25%
Favorable to CN • 25%
Favorable to CPKC • 25%
Favorable to Teamsters • 25%
Compromise • 25%
Grain • 25%
Fertilizer • 25%
Automobiles • 25%
All equally affected • 25%
Yes • 50%
No • 50%
Union wins concessions • 25%
Railroads win concessions • 25%
Mutual agreement reached • 25%
Dispute remains unresolved • 25%