PotashCorp Union Workers Strike
The strike action followed four days of mediation that was unable to resolve key contract issues, primarily centered on profit sharing demands by the union. The workers previous contract expired on April 30.
"While we are disappointed by the decision of union leadership to strike, we remain committed to operating with a long-term view," said PotashCorp President and CEO Bill Doyle. "We will manage our assets responsibly and protect our future cost structure so that we remain competitive within the global arena."