Trade
Canadian Businesses Say Strikes Would Leave Scars and Aid Russia
- Rail strike or lockout would paralyze shipment of goods
- Businesses fear long-term reputation hit following 2023 strike
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Canadian businesses are warning about potential long-term damage to the economy if railway and port strikes go ahead and choke the country’s vital trading arteries, following walkouts last year.
Canada’s two main railroad companies, Canadian National Railway Co. and Canadian Pacific Kansas City Ltd., are preparing to halt the movement of goods Thursday if they can’t agree on a deal with the Teamsters union, which represents more than 9,000 workers. That would paralyze the flow of important commodities like fertilizer, as well as jamming and diverting container traffic.