Saskatchewan says CP's rail critical; supports back to back to work legislation

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REGINA - Saskatchewan says it wants to see the federal government move quickly with back to work legislation if there are no successful negotiations at Canadian Pacific Railway within hours.

A strike by 4,800 Canadian Pacific Railway (TSX:CP) is into its second day.

Saskatchewan Energy and Resources Minister Bill Boyd says each day the strike drags on will have a significant impact.

Boyd says agriculture producers need the rail to move crops.

He says a prolonged strike could hurt potash sales dramatically because the rail is needed to export product around the world.

The minister says it's important to get workers back on the job as soon as possible.

Organizations: Canadian Pacific Railway, TSX

Geographic location: Saskatchewan

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Recent comments

  • OFFS
    May 26, 2012 - 20:45

    You can almost see the writing on the wall for this strike at CP. The the feds themselves want changes to the country's pension plan. Conductors, engineers and controllers at CP have a lousy lifestyle, mostly working on-call 24/7. Some of that is a seniority thing though, and that's how unions work. Never based on merit, simply on time served. It's interesting that arch-rival CN already has the pension cap in place for it's workers. I might be wrong, but I think the same union represents the CN workers, so why one railway is different than the other is anyone's guess. These aren't low paying jobs either, probably talking anywhere from 60k at the low end to 110k at the high end. So the big issue of capping pensions at around 60k plays into this quite a bit. I guess if it's going to go through though the best way to fight a forced settlement is to quit smoking, get in shape and live as long as you can on 60k per year.