Running Trades News
 
Liberals, Stop Lying about BC Rail
Monday, 29 March 2010 03:53

No Minister Bond, it wasn't 'bankrupt' or debt-laden or 'in disarray'. Here's proof BC Rail was very healthy when Campbell got it.

By: By Will McMartin, 29 March 2010, TheTyee.ca

View full article and comments: http://thetyee.ca/Opinion/2010/03/29/GordonBCRail/

A lie, it is said, can run halfway around the world before the truth can put on its boots. And as observers of B.C. politics know all too well, some fibs not only spread quickly, but also have incredible endurance.

One such is the ongoing falsehood that BC Rail was a money-losing, debt-laden Crown corporation -- an unaffordable burden on provincial taxpayers -- before it was privatized by Gordon Campbell's B.C. Liberal government in 2004.

In Victoria last week (Thursday, March 25), transportation minister Shirley Bond stood in the Legislative Assembly and repeated the litany of nose-stretchers she and other B.C. Liberals have peddled on countless occasions over the past seven years.

"We're not going to stand on this side of the House and take advice from a group [the NDP] that actually saw a bankrupt railway that was in complete disarray when they were in government," said Bond, who in June 2009 was named as Campbell's transportation minister.

She again reiterated, "We inherited a railway that was bankrupt and in disarray."

Later, responding to NDP MLA Mike Farnworth, Bond declared: "All I can say to the member opposite is that you managed to take the train and take it right off the tracks during the 1990s. In one year alone under that member's leadership, $582 million in debt -- and in fact, the only outcome, the only measure of success that that side of the House had -- was how big the bailout was going to be every single year for B.C. Rail."

Are any of those statements correct? Was BC Rail "bankrupt" and "in complete disarray" when the Campbell Liberals won election to government in 2001? Did the Crown corporation's debt soar by $582 million in a single year under the NDP? Did provincial taxpayers have to provide a "bailout... every single year" to BC Rail?

The answers are as simple as can be: No, no, no and no.

Read more...
 
Canadian National Railway reaches deal with union
Thursday, 25 March 2010 14:49

New York

March 25, 2010

New York (AP) Canadian National Railway Co., operator of one of North America's largest railroads, said Thursday it has reached a tentative three-year labor agreement with the union representing about 200 rail traffic controllers across Canada.

Details of the agreement with the Teamsters Canada Rail Conference/Rail Canada Traffic Controllers won't be released until the union ratifies the deal. The process is expected to take about six weeks.

If approved, the new agreement would be retroactive to Jan. 1, 2009. The new contract expired in December 2008.

Shares of Canadian National rose $1.11, or about 2 percent, to $59.86 in afternoon trading

 
CN obtains resolution of labour issues with locomotive engineers in Canada
Friday, 19 March 2010 05:25

MONTREAL, March 19, 2010 — CN (TSX:CNR) (NYSE:CNI) announces that it received yesterday, and will begin implementing, Arbitrator Andrew Sims' arbitration ruling setting the terms and conditions of a new three-year collective agreement between CN and the Teamsters Canada Rail Conference (TCRC), representing 1,700 locomotive engineers in Canada.

The decision, whose terms are retroactive to January 1, 2009, expires on Dec. 31, 2011. It provides a 1.8 per cent wage increase in 2009, 2.4 per cent in 2010, and 2.6 per cent in 2011, as well as dental plan benefit improvements that come into effect on April 1, 2010.

“With a secure labour agreement in place, we will now work to re-establish a positive dialogue with the TCRC, focusing on issues of common interest for the company, its employees and its customers,” said Claude Mongeau, president and chief executive officer.

Sims was appointed by the federal government in December 2009 to arbitrate the CN-TCRC contract dispute, after the company and union agreed to further negotiations and binding arbitration of wages and benefits if renewed talks failed. The parties' agreement ended a five-day strike by locomotive engineers.

Read more...
 
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