Rail strike could be ‘catastrophic’ for Canadian economy: business groups

By Nelson Bennett
Business in Vancouver
August 9, 2024
Category: Business & Politics
Region: Canada, United States

Business and industrial associations across Canada are warning of “catastrophic” consequences for Canadian jobs and the economy from a national railway strike, following a ruling today by the Canadian Industrial Relations Board (CIRB) that a strike at both of Canada’s railways would not pose a “serious danger” to Canadians. …The CIRB ruled that there is nothing moved on Canadian railways that could be deemed critical to Canadians’ health and safety. However, it did also order a 13-day stay of any strike or lockout action. …The Canadian Manufacturers and Exporters (CME) is calling on the House of Commons Standing Committee on Transportation to convene an emergency meeting to address a national railway strike. …The Greater Vancouver Board of Trade (GVBOT) notes that Canada’s railways transport $1 billion worth of goods per day, and warns a national railway strike would bring the Canadian economy to “a halt.”

Read More