Canada minister says will watch CP Rail dispute closely

Tue May 22, 2012 5:41pm EDT
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(Reuters) - Canadian Labour Minister Lisa Raitt said on Tuesday the government wants Canadian Pacific Railway and the union representing its locomotive engineers and conductors to settle their contract dispute on their own but that it would monitor any work stoppage very closely.

The union is set to strike on Wednesday, and last-gasp contract talks were under way.

"Should there be a work stoppage, we will be monitoring very carefully the effect on the economy and acting appropriately," Raitt told CTV television.

(Reporting By Nicole Mordant in Vancouver; Editing by Peter Galloway)