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Wildfires and labour woes singe CN Rail profits in 'challenging' economy: CEO

  • CN Rail's third-quarter profits decreased by two percent year-over-year due to higher costs from wildfires and a work stoppage, executives stated.
  • The Alberta wildfires halted train operations for two days, impacting freight flow.
  • Executives noted that the labor situation and a softer macro environment affected business demand this quarter.
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