# UPDATED: CPKC is monitoring the fire situation and a potential strike at Thunder Bay has been averted - PembinaValleyOnline.com - Local news, Weather, Sports, Free Classifieds and Business Listings for the Pembina Valley, Manitoba

> CPKC said its network was not directly affected by wildfires in the prairies, though it is moving fire retardant. Grain movement has slowed with spring seeding, and a strike at Thunder Bay terminals was averted after a federal mediator was brought in for talks. A strike had been set for Saturday, May 27.

- Date: 2023-05-26 · published 2023-05-26T12:00:00.000Z
- Category: logistics · region Canada · magnitude low
- Page: https://feedsoft.ai/events/35954-updated-cpkc-is-monitoring-the-fire-situation-and-a-potential-strike-at-thunder
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Averting the Thunder Bay strike removes a near-term export disruption risk, which is mildly bearish for Canadian canola meal and wheat basis. Slowed rail grain movement from wildfires is a modest supply-chain drag.

## Read by commodity

- WHEAT: neutral
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2016-12-22 | [New Ownership For Port of Churchill and Hudson Bay Rail Line - DiscoverWestman.com - Local news, Weather, Sports, Free Classifieds and Business Listings for Westman region, Manitoba](https://feedsoft.ai/events/73508-new-ownership-for-port-of-churchill-and-hudson-bay-rail-line-discoverwestman.md) | +0.2% | +2.9% |
| WHEAT | 2023-11-27 | [CPKC says things are moving well across the rail network - OkotoksOnline.com - Local news, Weather, Sports, and Job Listings for Okotoks, Alberta, and area.](https://feedsoft.ai/events/33195-cpkc-says-things-are-moving-well-across-the-rail-network-okotoksonline-com.md) | +0.4% | -0.8% |
| WHEAT | 2018-04-02 | [Kazakhstan has a significant potential for increasing of grain exports through the Black Sea ports – expert](https://feedsoft.ai/events/65359-kazakhstan-has-a-significant-potential-for-increasing-of-grain-exports-through.md) | +1.6% | +5.2% |
| WHEAT | 2024-09-30 | [Bulk carriers freight rates from Ukrainian ports have increased \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/28514-bulk-carriers-freight-rates-from-ukrainian-ports-have-increased-ukrainian-and.md) | +0.6% | -6.3% |
| WHEAT | 2022-09-15 | [Potential food crisis averted as rail strike deal is reached \| Food Dive](https://feedsoft.ai/events/39626-potential-food-crisis-averted-as-rail-strike-deal-is-reached-food-dive.md) | +5.5% | -9.2% |

## Sources

- pembinavalleyonline.com: https://pembinavalleyonline.com/articles/cpkc-is-monitoring-the-fire-situation-and-a-potential-strike-at-thunder-bay

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