CN Rail strike is a threat to small businesses and the economy: CFIB calls for a resolution by early next week

TORONTO, Nov. 22, 2019 /CNW/ - The CN Rail strike, which is now on its fourth day, poses a threat for small businesses that rely on its services to send and receive products and essential materials. The Canadian Federation of Independent Business (CFIB) urges all parties to find a solution to end the strike quickly and make sure goods and products can continue to be shipped. 

"A long strike could really hurt the economy, even trigger layoffs and closures. This is especially true for small businesses, which often have fewer financial resources to weather a long service disruption," said Dan Kelly, President of CFIB. "Unfortunately, the current CN strike means that businesses are left with few options to get their products to market, which may result in delayed and cancelled shipments."

The agriculture industry is among the most affected; farmers are facing a tough harvest season with winter weather hitting early in many provinces, while grain producers are also caught in the middle of a trade dispute with China which has caused significant uncertainties. The impact of the strike is also being felt in various other industries that rely heavily on rail service, such as the oil industry, mining and forestry. Other industries that use rail services, such as manufacturing, retail, transportation and wholesale, will likely start to feel the impact of the CN strike in the coming days.

"CFIB is calling on CN Rail and Teamsters Canada Rail Conference to quickly reach an agreement before the impact on the economy gets worse," added Kelly. "If the parties cannot reach an agreement by early next week, CFIB calls on the government to resume Parliament and pass back-to-work legislation."

About CFIB
The Canadian Federation of Independent Business (CFIB) is Canada's largest association of small and medium-sized businesses with 110,000 members across every industry and region. CFIB is dedicated to increasing business owners' chances of success by driving policy change at all levels of government, providing expert advice and tools, and negotiating exclusive savings. Learn more at cfib.ca.

SOURCE Canadian Federation of Independent Business