on workers and deliver more job security in the face of work being contracted out, in addition to automation at ports.Story continues below advertisement
Some $800 million worth of goods flow into and out of Canada through B.C.’s ports every day, he says, representing roughly a quarter of the country’s total imports and exports. Businesses that rely on intermediate goods shipped in from Asia, for example, will be unable to carry on their operations. They’ll have to source goods from other suppliers or reroute existing shipments through ports in the United States, both of which will add costs to their bottom lines, Antweiler says.
Some workers in these sectors could face layoffs if there’s no work as a result of the stoppage, Antweiler says.
Source: Financial Digest (financialdigest.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cargo loaders at B.C.’s ports issue 72 hour strike notice | Globalnews.caBargaining between the ILWU and the British Columbia Maritime Employers Association (BCMEA) has been ongoing since February after their collective agreement expired on March 31.
Source: GlobalNational - 🏆 81. / 51 Read more »
Boa constrictor found in shrub at Calgary Canadian Tire garden centre | Globalnews.caA pet snake is being fostered after making an unexpected appearance Monday afternoon at the garden centre of a Canadian Tire store in southwest Calgary.
Source: GlobalCalgary - 🏆 50. / 61 Read more »
Canadian wildfires continue to trigger air quality warnings in the U.S. - National | Globalnews.caCanadian wildfires are continuing to send heavy clouds of smoke south, from Northern Ontario and Quebec, through both provinces and into the U-S.
Source: GlobalNational - 🏆 81. / 51 Read more »
Newcrest eyes major expansion of Canadian gold-copper projectNewcrest may have enough gold and copper deposits at its Red Chris project in Canada to open an entirely new section. Read more.
Source: financialpost - 🏆 7. / 85 Read more »
Canadian Chamber of Commerce wants port strike averted, cites economy - Terrace StandardCanadian Chamber of Commerce wants port strike averted, cites economy
Source: TerraceStandard - 🏆 24. / 68 Read more »
Newcrest eyes major expansion of Canadian gold-copper projectNewcrest may have enough gold and copper deposits at its Red Chris project in Canada to open an entirely new section. Read more.
Source: nationalpost - 🏆 10. / 80 Read more »