How the St. Lawrence Seaway strike could affect Canada’s economy

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There may be a lot of whistling but no one’s talking right now these were St Lawrence Seaway workers picketing outside Montreal Monday and blaming management the minute that they’re interested in sitting down with us once again we will sit down at a moment’s notice well that’s basically exactly

What COA management is saying each side claims they’re ready to negotiate it’s the other one that’s not at the table I mean we’re sitting there it’s not like we need to we’re s there right now we’re waiting for them the union gave the Seaway 3 days strike notice Thursday

Negotiations went right up to the last hour but as of Sunday 361 employees walked off the job yeah this is a moment in time Union’s National President says wages are the biggest sticking point this is the first dispute that our members have had in the seway since 1968

So that’ll give you an indication of the seriousness of this moment the St Lawrence Seaway has a nickname it sometimes is called Highway H2O they’re two parts systems of canals and locks that stretch over 300 km but they give ships the ability to move between all of

The Great Lakes and the Atlantic Ocean last year close to $17 billion worth of cargo was shipped through the Seaway shutting it down according to estimates will cost the Canadian economy about $34 million a day and the longer the strike lasts The Wider the pain will be felt so

You have trucking companies impacted by this and our clients you have Railway companies impacted by this and our clients now it was only 3 months ago that a strike closed the port in BC business groups are calling on Ottawa to intervene this time quickly how many times does it take for companies and

International trading partners to just say you know what we’re going to go with someone else the Chamber of Commerce says this is another hit to Canada’s supply chain and its reputation Mike Armstrong Global News Montreal

In Quebec, hundreds of St. Lawrence Seaway workers have walked off the job, bringing one of Canada’s most important marine shipping routes to a standstill.

An increasing number of business groups are now calling for the federal government to get involved and resolve the labour dispute.

Mike Armstrong explains what the union and employer can’t agree on, how much this strike is costing the Canadian economy each day, and which industries are greatly affected.

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10 COMMENTS

  1. Corporate/executive greed is catching up with us. Wages have stagnated while profit margins and executive payouts have ballooned, and now we're in a cost of living crisis where half of Canadians live paycheque to paycheque.

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