# What does Canadian seaway worker strike mean to north country economy?

> Around 360 workers who run the Canadian side of the St. Lawrence Seaway walked off the job after wage talks broke down. About 100 ships were waiting outside the system, and more than $16 billion in goods had moved through the Seaway so far this year.

- Date: 2023-10-24 · published 2023-10-24T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/33672-what-does-canadian-seaway-worker-strike-mean-to-north-country-economy
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The stoppage halts a major shipping route for grain, steel and project cargo, which can delay exports and raise freight costs for North American agricultural shippers.

## Read by commodity

- SOY: bearish ▼
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-10-27 | [Canada's Seaway Strike Negotiations Continue](https://feedsoft.ai/events/33669-canada-s-seaway-strike-negotiations-continue.md) | +1.9% | +4.0% |
| SOY | 2022-06-30 | [Port strike ‘would be devastating’ for ag, economy](https://feedsoft.ai/events/40940-port-strike-would-be-devastating-for-ag-economy.md) | -5.0% | -3.9% |
| SOY | 2023-10-24 | [Canadian lock strike creates another ag shipping problem - Brownfield Ag News](https://feedsoft.ai/events/33670-canadian-lock-strike-creates-another-ag-shipping-problem-brownfield-ag-news.md) | -0.3% | +6.3% |
| SOY | 2018-09-26 | [Mississippi River Vessel Traffic Halted Due to Breakaway Barges North of St. Louis -Army Corps](https://feedsoft.ai/events/62914-mississippi-river-vessel-traffic-halted-due-to-breakaway-barges-north-of-st.md) | +2.4% | +1.4% |
| SOY | 2020-12-28 | [Argentina Calls Meeting to End Grains Port Strike \| Feed & Grain](https://feedsoft.ai/events/49667-argentina-calls-meeting-to-end-grains-port-strike-feed-and-grain.md) | +4.2% | +8.4% |

## Sources

- wwnytv.com: https://www.wwnytv.com/2023/10/24/what-does-canadian-seaway-worker-strike-mean-north-country-economy/

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