Labor RelationsIncreasing concerns of a potential engineer/conductor strike by the TCRC union.
Revenue And EarningsRevenues were C$3.52 billion, up +2% year-year, C$54 million below forecast, with operating income flat year-year and below forecast, indicating weaker financial performance.
Stock PerformanceShares traded down over -6%, underperforming a brutal day across transports, which saw average declines of 3-4% and rail average -4%.