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Canadian National

CN: Tentative Settlement with Canadian Auto Workers

MONTREAL — CN said it has reached a tentative contract agreements with the Canadian Auto Workers (CAW) union. With settlements, the CAW has dropped plans to strike the railway at 0001 hours Eastern time Jan. 25, 2011. The agreements would, upon ratification, provide fair wage and benefit increases to CAW members. In addition, the settlements contain progressive provisions that would help CN retain and attract skilled employees critical to its workforce in the years ahead. Full details of the tentative agreements are being withheld pending ratification, which the CAW expects to complete before the end of February, 2011. The CAW
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Canadian National

CN: Canadian Auto Workers Union Gives Strike Notice

MONTREAL — CN said the Canadian Auto Workers (CAW) union today gave the Company notice of its intention to strike the railway at 0001 hours Eastern time Jan. 25, 2011. CN believes there is sufficient time for the parties to reach an agreement before the strike deadline. CN has established a contingency service plan to operate the railway safely and as efficiently as possible in the event of a strike, with trained and qualified management personnel performing the tasks of CAW members. The CAW represents approximately 3,975 workers in four distinct bargaining units at CN and CNTL (a subsidiary of