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The Montreal Port Authority welcomed the federal government's decision to intervene and force the port to reopen through back-to-work legislation. The authority estimated strike action costs as much as C$25 million a day, and CUPE criticized the government for meddling in bargaining.
Back-to-work legislation should restore cargo flows, reducing the freight and delivery backlogs that have been raising shipping costs for Canadian exports.
porttechnology.orgPort Technology TeamApr 27, 2021Not 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.
