Via Rail saw its second-quarter net income slip as revenue declined and operating expenses rose. The arms-length Crown corporation reported a profit of $9.6 million, down from $11.9 million a year ago.
Via Rail says its passenger train services were operating normally and its unionized employees showed up for work as usual Friday morning following a last-minute deal that averted a strike by the Canadian Auto Workers union.
The Canadian Auto Workers union says it has reached a tentative deal with Via Rail. It followed days of tense, round-the-clock negotiations in Montreal and averted a strike that was set to begin just after midnight.