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CP rail strike should be resolved to avoid economic impact

Raitt: CP rail strike should be resolved to avoid economic impact
A possible strike at Canadian Pacific would have detrimental effects on the economy and therefore should be resolved immediately, according to Canadian Labor Minister Lisa Raitt. The agriculture industry has asked the government to intervene. "Disruptions to rail service cause immediate damage to our ability to make export sales and that means losses right back to the farm gate. It's even more painful to lose grain sales when prices are good," said Richard Phillips, executive director of Grain Growers of Canada. The potential strike would affect only CP’s Canadian operations, says CP spokesman Ed Greenberg. Financial Post (Canada)

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