Business and commercial: CN strike adversely affecting economy

A more than week-long railway strike is leaving its mark on the Canadian economic landscape. About 3,200 Canadian National Railway Co. (CNR) rail yard operators and conductors in Canada took to the picket lines and the fallout is being felt in the business and commercial sectors of the country. In fact, layoffs and shutdowns are expected as the strike is affecting the shipping of cargo. 

Many of the nation's chemistry facilities are nearing the point of closing up shop temporarily since many can't receive the materials the need to maintain operations. The dispute between CNR and strikers hinges on working conditions and benefits. If the strike lasts longer than Dec. 5, it could have a severe impact on the nation's export industry, economists say. This is also the date when parliament reconvenes and when lawmakers have the power to order employees back to work. 

Shares in CN have plummeted 2% since the beginning of the strike on Nov. 19. Farmers -- who are being negatively affected by the strike -- plan on driving their tractors to CN headquarters in Montreal and on to Prime Minister Justin Trudeau's constituency office in an effort to get the government to call an end to the strike. Many farmers have run out of propane and have had to leave crops rotting in the fields as the railway is operating at about 10% capacity.

There are many variables that affect the business and commercial endeavours of entrepreneurs in Canada. Things like strikes and employee unrest play a huge part in the economic cog of the country. A lawyer experienced in business law may be able to help a business owner dealing with these kinds of issues and how the law plays a part in bringing these issues to closure.

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