Canadian Pacific Rail Halts Operations After Labor Talks Fail

One of Canada’s largest railways is winding down operations after failing to reach a labor deal with unionized workers.

Canadian Pacific Railway Ltd. entered a work stoppage early Sunday after the company and the union’s leadership were unable to negotiate a settlement or agree to binding arbitration, Canada’s Labor Minister Seamus O’Regan said in a statement posted to Twitter shortly after midnight.

“The work stoppage has begun, but CP and Teamsters are still at the table with federal mediators,” O’Regan said. “Parties are working through the night. We are monitoring the situation closely and expect the parties to keep working ...