B.C. ports strike could inflict damage that takes months to correct, warns Canada's biggest railway

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B.C. ports strike could inflict damage that takes months to correct, warns Canada's biggest railway via financialpost

He urged the parties to come to an agreement and added that CN Rail encourages the federal government to “remain engaged and prepared to act to end the labour disruption.”

“Some businesses may lose inventory if perishable goods are not unloaded and brought to market quickly, which would lead to considerable loss of revenue,” Jasmin Guénette, CFIB’s vice-president of national affairs, said in a statement. “Contracts are also at risk if goods are not delivered or received on time.”

The Canadian Federation of Agriculture , a group that represents about 190,000 farm families, said that the longer the strike lasts, the worse the impacts will be for farmers as vessels delayed in port charge demurrage fees and other penalties that are passed down to the farmer.

 

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