# Canadian rail workers vote to launch strike: Correction | Latest Market News

> Members of the Teamsters Canada Rail Conference voted about 98% in favour of a strike at CN and CPKC, which could begin as early as 22 May. The union said talks were at an impasse after six months of negotiation. A simultaneous stoppage at both railroads could disrupt crude, coal and grain shipments in Canada, the US and Mexico.

- Date: 2024-03-25 · published 2024-03-25T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/31236-canadian-rail-workers-vote-to-launch-strike-correction-latest-market-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The strike authorisation raises the risk of grain export disruption from Canada, which supports wheat prices and widens origin premiums.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-03-25 | [Canada rail strike to affect grains, industry says \| Latest Market News](https://feedsoft.ai/events/31233-canada-rail-strike-to-affect-grains-industry-says-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2024-03-25 | [Work stoppage begins at Canadian railroads \| Latest Market News](https://feedsoft.ai/events/31235-work-stoppage-begins-at-canadian-railroads-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2024-03-25 | [Strike concerns curb Canadian wheat exports \| Latest Market News](https://feedsoft.ai/events/31234-strike-concerns-curb-canadian-wheat-exports-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2024-04-18 | [Rail strike looms as CN, CPKC workers take action to a vote - Grainews](https://feedsoft.ai/events/30759-rail-strike-looms-as-cn-cpkc-workers-take-action-to-a-vote-grainews.md) | +0.5% | +2.4% |
| WHEAT | 2019-11-19 | [Grain shippers worried as CN Rail workers strike  \| Globalnews.ca](https://feedsoft.ai/events/56081-grain-shippers-worried-as-cn-rail-workers-strike-globalnews-ca.md) | +1.1% | -0.2% |

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2564546-canadian-rail-workers-vote-to-launch-strike-correction

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.