# Canada's CP Rail shuts down railroad, workers strike | Reuters

> Canadian Pacific Railway halted operations and locked out about 3,000 engineers, conductors and yard workers early on March 20 after talks failed. The Teamsters union said it had begun a nationwide strike over pensions, pay and benefits.

- Date: 2022-03-20 · published 2022-03-20T12:00:00.000Z
- Category: logistics · region Canada · magnitude high
- Page: https://feedsoft.ai/events/42314-canada-s-cp-rail-shuts-down-railroad-workers-strike-reuters
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A nationwide shutdown of Canada's second-largest rail network blocks grain, canola and fertilizer movements to export terminals, tightening near-term supply and supporting Canadian wheat and canola meal prices.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-07-24 | [How a Canada railroad workers’ strike could affect supply chains \| Supply Chain Dive](https://feedsoft.ai/events/29273-how-a-canada-railroad-workers-strike-could-affect-supply-chains-supply-chain.md) | -5.2% | -6.5% |
| WHEAT | 2020-10-02 | [CN Rail Workers Strike \| Feed & Grain](https://feedsoft.ai/events/50667-cn-rail-workers-strike-feed-and-grain.md) | +1.9% | +3.6% |
| 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% |
| WHEAT | 2018-04-19 | [CP Rail strike could be devastating for Western Canadian farmers](https://feedsoft.ai/events/65532-cp-rail-strike-could-be-devastating-for-western-canadian-farmers.md) | +0.3% | -1.2% |
| WHEAT | 2024-03-25 | [Canadian rail workers vote to launch strike: Correction \| Latest Market News](https://feedsoft.ai/events/31236-canadian-rail-workers-vote-to-launch-strike-correction-latest-market-news.md) | -0.6% | +1.9% |

## Sources

- reuters.com: https://www.reuters.com/business/canadas-cp-rail-shuts-down-railroad-workers-strike-2022-03-20/

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