Rail strike could cost Canadian manufacturers millions, industry says

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 123 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 53%
  • Publisher: 99%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

A rail strike would raise expenses, lower sales and delay shipments for Canada's manufacturers, an industry group says, as various sectors grapple with looming uncertainty around a key cross-country transport link.

A CN Rail train moves cargo containers at the Centerm Container Terminal at port in Vancouver. A rail strike would raise expenses, lower sales and delay shipments for Canada's manufacturers, an industry group says, as various sectors grapple with looming uncertainty around a key cross-country transport link.

Manufacturers — from auto and chemical makers to propane exporters and brewers — are worried about the prospect of a work stoppage, said Dennis Darby, who heads the group. The cost of a rail traffic halt would average $275,000 per company each day, according to the 225 respondents. If accurate, that means the cost for a sliver of Canada's manufacturers alone would top $433 million per week.

Darby said that Ottawa can now use "moral suasion" to wring a deal out of the two sides. Longer-term, Ottawa should look to frame rail transport as "some kind of an essential service" in order to impose binding arbitration if necessary, he said.

Recent data from the U.S. census revealed that more than 126,000 people moved from Canada to the U.S. in 2022. An expert said that one of the main reasons for this move is the cost of living.One person is dead and 26 were injured after a bus carrying Quebec tourists was involved in a collision in Cuba on Sunday.For two years doctors told her she was an alcoholic. Then they realized her gut was making alcohol from carbohydrates, a rare condition called auto-brewery syndrome.

The 1989 Tiananmen Square crackdown, in which government troops opened fire on student-led pro-democracy protesters, resulting in hundreds, if not thousands, dead, remains a taboo subject in mainland China.Wives of mobilized Russian soldiers hold rare protest at defense ministry demanding their return

Novak Djokovic was not sure whether he would be able to play in the French Open quarterfinals after injuring his right knee and needing anti-inflammatory pills Monday to be able to finish beating No. 23 Francisco Cerundolo 6-1, 5-7, 3-6, 7-5, 6-3 in the fourth round at Roland Garros for his record 370th win in a Grand Slam match.Larry Allen, one of the most dominant offensive linemen in the NFL during a 12-year career spent mostly with the Dallas Cowboys, has died. He was 52.

'People should be preparing': TTC union says not enough progress made in talks ahead of Friday strike deadline Lawyers at the Winnipeg trial of an admitted serial killer are discussing whether a forensic psychiatrist, author and YouTuber can provide expert testimony.Festival du Voyager is denying allegations made in a lawsuit by a woman who was injured in the walkway collapse at Fort Gibraltar last year, which sent 18 people from St. John’s-Ravenscourt School to the hospital.

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:

 /  🏆 1. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines