Rosa Saba, The Canadian Press
The Canadian Chamber of Commerce said Monday that significant labour disruptions are becoming too common and tarnish Canada’s reputation as a reliable trading partner. He said the port handles about 45 per cent of the total volume of Canada’s ports, with the next largest being Montreal at about 10 per cent.
Johnson said the longer the port stoppage goes on, the harder businesses' bottom lines and the economy will be hit.The 2023 B.C. port strike cost manufacturers an average of $207,000 per day, Canadian Manufacturers and Exporters president and CEO Dennis Darby said in a statement Friday.
“Shutting down a port for a couple of weeks probably isn’t going to be something that people are going to notice, but ... a rail disruption would have much more significant economic impact and significant impact on consumers directly.” “We are once again on the brink of losing access to a critical trade corridor, and potash fertilizer will be one of the hardest-hit commodities,” said president and CEO Karen Proud in a statement.
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:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Five things to watch for in the Canadian business world in the coming weekTORONTO — Five things to watch for in the Canadian business world in the coming week: Macklem on the Hill Bank of Canada governor Tiff Macklem and senior deputy governor Carolyn Rogers will be at the House of Commons Standing Committee on Finance on
Source: PGCitizen - 🏆 65. / 51 Read more »
Five things to watch for in the Canadian business world in the coming weekFive things to watch for in the Canadian business world in the coming week, from updated inflation numbers to Canada Mortgage and Housing Corp.'s monthly report on housing starts.
Source: timescolonist - 🏆 15. / 75 Read more »
Five things to watch for in the Canadian business world in the coming weekFive things to watch for in the Canadian business world in the coming week, from a Bank of Canada on its recent interest rate decision to Statistics Canada's newest labour force survey.
Source: timescolonist - 🏆 15. / 75 Read more »
Five things to watch for in the Canadian business world in the coming weekTORONTO — Five things to watch for in the Canadian business world in the coming week: Railway earnings Canada's two largest railways will report their third-quarter results this week. Canadian National Railway Co.
Source: SooToday - 🏆 8. / 85 Read more »
Business groups say B.C. port stoppage will hurt companies, Canadian economyBusiness groups say the work stoppage at B.C. ports is the latest in a run of supply chain disruptions affecting Canadian companies and the country's economy.
Source: PGCitizen - 🏆 65. / 51 Read more »