Rail strike could devastate B.C.'s economy, business leaders say

With a potential Canada-wide railway worker strike less than two days away, B.C. business leaders are warning that such an action would raise prices for consumers and have devastating impacts on the province's economy.

One step up the supply chain, at the small business level, Peacock said the impacts would be even worse. Restaurants often rely on rail services to import fresh food and beverages and non-food related businesses rely on the transportation method to send and receive products, parts and essential materials.

Restaurants Canada also issued a statement, noting that 47 per cent of restaurants are currently operating at a loss or breaking even. Depending on how long a potential railway strike lasts, Peacock said the impacts would be disastrous for B.C.'s economy. It could also harm Canada's reputation as a major transporter on a global scale – something Peacock said the country has worked hard to build over the last two decades.

CN made a request to federal Labour Minister Steven MacKinnon asking him to use binding arbitration to force a deal, but MacKinnon rejected the request last Thursday , saying he wanted the company to bargain in good faith.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Canada rail companies and union must work hard to reach deal, says OttawaCanada's two main railway companies and the Teamsters union must do the hard work necessary to reach labor deals and avoid a full stoppage, federal Labour...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »

Ottawa tells rail companies, union to work harder to avert crippling stoppageUnless agreements are reached, both Canadian National Railway and Canadian Pacific Kansas City will shut down at the same time early on Thursday for the first time in history
แหล่ง: globeandmail - 🏆 5. / 92 อ่านเพิ่มเติม »