
The rail strike involving the Canadian Teamsters Union, Canadian National Railway and Canadian Pacific Kansas City ending following the government’s decision to force arbitration between the union and the two freight companies. (Source: Shutterstock)
More than 9,000 Canadian rail workers returned to work on Aug. 26 after threatening to contest the government’s decision to force arbitration between the union and the two freight companies involved in the strike.
On Aug. 22, Canadian National Railway (CNI) and Canadian Pacific Kansas City (CP) locked out rail workers following months of unsuccessful negotiations over safety and scheduling issues. The Canadian government ordered binding arbitration with independent third party Canada Industrial Relations Board (CIRB) to solve the dispute.
The Canadian Teamsters Union threatened to strike during arbitration, but the CIRB ruled Aug. 24 that that work stoppage must end. The union announced that it would return to work Aug. 26, while planning to appeal the CIRB’s decision to federal court.
“This decision by the CIRB sets a dangerous precedent. It signals to corporate Canada that large companies need only stop their operations for a few hours, inflict short-term economic pain and the federal government will step in to break a union,” said Paul Boucher, president of the Teamsters Canada Rail Conference.
CNI and CP both issued statements Aug. 24 that they were ready to resume service.
Both companies handle a small percentage of the country’s crude and NGL traffic with the U.S. Analysts had said a short strike would not have much of an impact on the energy industry.
RELATED
Recommended Reading
What's Affecting Oil Prices This Week? (May 12, 2025)
2025-05-12 - U.S. officials said on May 11 that a deal had been made to reduce the U.S. trade deficit with China. While all the details may not be established, oil prices will get another boost from this “deal”.
Oil Prices Drop Nearly 6% as Israel-Iran Ceasefire Reduces Middle East Supply Risk
2025-06-24 - Oil prices fell almost 6% to a two-week low on June 24 on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply disruptions in the Middle East.
What's Affecting Oil Prices This Week? (June 2, 2025)
2025-06-02 - For this week, Stratas Advisors says it is likely that oil prices will drift downward. While the market was expecting the supply increase by OPEC+, there will still be additional supply coming onto the market, while demand growth is muted.
What's Affecting Oil Prices This Week? (April 28, 2025)
2025-04-28 - Recent news is increasing the uncertainty associated with the ability of members of OPEC+ to maintain cooperation and agreement on future production quotas.
What's Affecting Oil Prices This Week? (July 7, 2025)
2025-07-07 - With the uncertainty generated by the tariffs and a higher-than-expected increase in supply from OPEC+, for the upcoming week, Stratas Advisors expect that oil prices will be under pressure – and the price of Brent crude could test $66.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.