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TORONTO, March 20 (Reuters) - A tentative labor agreement between the Canadian National Railway and the train conductors union narrowly failed ratification, the two parties said late on Thursday.
The agreement failed to ratify by a vote of 891 to 852, with 64.2 percent of members returning ballots, according to a letter sent by the Teamsters Canada Rail Conference - Conductors, Trainpersons and Yardpersons that was seen by Reuters.
CN Rail said it was proposing binding arbitration to reach a settlement and requested a response from the union by the end of Friday, March 21. (Reporting by Solarina Ho and Susan Taylor; Editing by Paul Tait)