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Pulse Canada and other industry groups are urging the federal government to intervene before a possible March 20 strike at the Port of Montreal. Negotiations between the longshoremen's union and the Maritime Employers Association, mediated by Ottawa, have broken off after a seven-month truce from last summer's strike.
A strike would halt containerized grain and pulse exports from Montreal, forcing shippers to reroute and adding freight costs and delays for Canadian exporters, which supports nearby export basis and freight rates.
agcanada.comAGCanadaFeb 26, 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.
