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Longshore workers at the Port of Vancouver, represented by the ILWU, voted 98.4 per cent in favour of strike action against the BCMEA member companies. A strike can be called within 60 days with 72 hours' notice, and the union says the vote is a bargaining tool rather than an imminent walkout.
A possible strike threatens Canadian grain and canola exports moving through Vancouver, though grain is designated an essential service and would still be loaded. The risk premium on Canadian shipping and oilseed logistics could firm prices modestly.
farmtario.comMarlo GlassMay 13, 2019Not enough comparable past events yet for a historical read.
Not 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.
