CME calls for an immediate end to CP strike
Published by Derek Lothian on May 23, 2012
Canadian Manufacturers & Exporters (CME), Canada's largest trade and industry association, is calling on the federal government to immediately intervene in the labour conflict at Canadian Pacific Railway to end the dispute and facilitate the resumption of normal business operations.
CP employees officially went on strike as of midnight Wednesday, halting rail service across North America.
“The sudden and unexpected closure of CP is already having a wide and negative impact on business across North America,” says CME President & CEO Jayson Myers. “This work stoppage threatens to derail the fragile economic recovery by shutting down manufacturing plants in both Canada and the United States within days.”
Rail shipping is a critical link in the global supply chains of Canadian businesses. Manufacturing, agriculture, and natural resource operations all rely heavily on rail transportation for both imports and exports of goods traded between North America and the rest of the world.
"Redirecting shipments to other modes of transport is simply not practical as it disrupts supply chains, delays shipments and leads to added costs or penalties for missed delivery schedules and the loss of future business to competitors," adds Myers. "Moreover, it does not help with essential shipments currently stuck in CP’s rail network. We strongly encourage the government to step in as soon as possible."