Industry Braces for Looming ‘Catastrophe’ as Strikes Threaten Canadian Rail Transport Worth $380B Annually

Industry Braces for Looming ‘Catastrophe’ as Strikes Threaten Canadian Rail Transport Worth $380B Annually
CN rail trains are shown at the CN MacMillan Yard in Vaughan, Ont., on June 20, 2022. The Canadian Press/Nathan Denette
Reuters
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OTTAWA—North American industry groups and shippers are bracing for an unprecedented simultaneous stoppage at both of Canada’s main railway companies that could inflict billions of dollars’ worth of economic damage.

Canada is the world’s second-largest country by area and relies heavily on trains to transport grain, beans, automobiles, potash, coal and other goods.