A federal mediator appointed to help bring an end to the B.C. port strike has delivered their recommendations to both sides of the dispute, meaning the parties are now on deadline to respond on Thursday morning at the latest. …The International Longshore and Warehouse Union and the B.C. Maritime Employers Association now have 24 hours to decide whether to ratify the deal in principle — that is, until 10:30 a.m. PST Thursday. O’Regan appointed the mediator Tuesday after deciding the sticking point in negotiations wasn’t enough to justify the ongoing strike. The strike so far has cost an estimated $5.5 billion, based on industry body Canadian Manufacturers & Exporters’ calculation of about $500 million in disrupted trade every day. The ticking clock on the mediator’s recommendation could mark the beginning of a resolution for the strike, but business owners have said the current backlogs will still take weeks to sort out.
Additional coverage in:
- The Globe & Mail: Four-year contract proposed by mediator to end port strike
- The National Post: Canadians can ill afford the leisurely response to the strike