Impending Canadian Rail Strike Threatens Major Economic Disruptions
Potential work stoppage at CN and CPKC railways could halt freight and commuter services, affecting trade and daily commutes.
- Maersk and Hapag-Lloyd halt Canada-bound cargo bookings due to labor risks.
- Over 9,300 Teamsters members authorized to strike, impacting key trade routes.
- Economic damage could reach billions, disrupting industries like agriculture, automotive, and energy.
- Federal mediators engage in last-minute negotiations to avoid shutdown.
- Commuter rail services in Toronto, Montreal, and Vancouver face significant disruptions.