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The Canadian Manufacturers and Exporters group warned that labour disruptions at CN and CPKC would be devastating to the economy. It called on governments to impose binding arbitration and declare rail, port and road goods movement essential, citing possible strikes at border crossings and the Port of Montreal.
The warning highlights the scale of possible port and rail disruption for Canadian exports, but it is a policy call rather than a confirmed stoppage, so the direct price effect on feed commodities is modest.
theglobeandmail.comEric AtkinsJun 3, 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.
