Canada's 2 major freight railroads come to a full stop without new labor contracts

Both of Canada’s major freight railroads have come to a full stop because of a contract dispute with their workers, and businesses fear widespread harm if the trains don’t resume running quickly. Canadian National and CPKC railroads both locked out their employees after the deadline of 12:01 a.m. Eastern Thursday passed without new agreements with the Teamsters Canada Rail Conference that represents some 10,000 engineers, conductors and dispatchers. Business groups had urged the government to intervene, but Prime Minister Justin Trudeau has declined to force both sides into arbitration yet.