Categories: Canada

Canadian port shutdowns risk more damage to economy: business groups



Business groups are raising concerns about the broad effects of another round of labour disruptions in the transport sector as Canada faces shutdowns at its two biggest ports.


Canadian Manufacturers & Exporters president Dennis Darby says the twin shutdowns in Vancouver and Montreal come at a challenging time as businesses face a year-end crunch, while the U.S. election results have heightened the need to be seen as a reliable trading partner.


Darby says hundreds of millions of dollars in goods are not moving because of the strikes, and that this latest of several shutdowns shows there needs to be a better way to resolve contract disputes.


Pascal Chan of the Canadian Chamber of Commerce says the simultaneous disruptions at the ports means the country is effectively advertising it’s closed for business.


Chan, who is senior director of transportation, infrastructure and construction at the chamber, says in a statement that the last thing Canadians struggling with high living costs need is another trade disruption.


The shutdowns at the ports come after operations at Canada’s two main railways were halted in August until the government stepped in, while B.C. ports and St. Lawrence Seaway were disrupted last year.



Source link

admin2

Share
Published by
admin2

Recent Posts

The Weekly Wire: Fewer Participation Trophies…

Our investment team is closely monitoring the developments in the Middle East and the impact…

2 hours ago

New Zealand spy plane reports possible North Korea sanctions breach at sea | Kim Jong Un News

New Zealand’s Defence Force says a North Korean ship was observed engaging in a possible…

2 hours ago

White House Says Major Bitcoin Reserve Announcement Is Coming

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The White…

2 hours ago

B.C. woman says she can finally breathe following accused stalker’s arrest – BC

A Surrey, B.C. woman said she can finally breathe following the arrest of an accused…

2 hours ago

Quebec premier meets U.S. Trade Representative Jamieson Greer in Washington D.C. – Montreal

Quebec’s premier met on Monday in Washington D.C. with Jamieson Greer, the top trade negotiator…

5 hours ago

World Markets Watchlist: April 27, 2026

Our global markets watchlist tracks nine prominent indexes from economies around the world. The list…

7 hours ago