Canadian Pacific Railway (CP) (CP.TO) halted operations and locked out workers over a labor dispute early on Sunday, with each side blaming the other for a halt that will likely disrupt shipment of key commodities at a time of soaring prices.
“We are very disappointed with this turn of events,” said Teamsters Canada Rail Conference spokesperson Dave Fulton. The union said in a statement that it had begun to strike across the country in the dispute that it says affects 3,000 engineers, conductors and yard workers.
Canada’s second-biggest railroad operator accused the union of misrepresenting the company’s position, saying in a statement that the Teamsters were “well aware of the damage.—Reuters
