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Canada's government moved to end labor disputes at its largest ports, including Vancouver and Montreal, by ordering the industrial relations board to halt strikes. The minister said the disputes affect over C$1.3 billion of goods a day.
The union in British Columbia said it will challenge the order in court.
A quicker end to port stoppages should ease container backlogs and freight pressure on Canadian agri-food exports, though legal challenges could prolong uncertainty.
reuters.comDavid LjunggrenNov 12, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
