# CP Rail strike: Industries across Canada scrambling, warn of ‘significant’ economic impact  | Globalnews.ca

> Thousands of CP conductors and engineers walked off the job Tuesday night, with industries including grain, mining, aluminium and fertilizer warning of significant economic impact. Workers are seeking more predictable schedules to reduce crew fatigue, and talks continue with a federal mediator.

- Date: 2018-05-30 · published 2018-05-30T12:00:00.000Z
- Category: logistics · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/65038-cp-rail-strike-industries-across-canada-scrambling-warn-of-significant-economic
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

The strike threatens to halt grain and potash shipments during a period of tight rail capacity, raising delivery risk and freight costs that support Canadian feed grain and canola meal prices.

## Read by commodity

- WHEAT: bullish ▲
- POTASH: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-02-15 | [CN railway blockades to have ‘significant’ impact on Manitoba economy: economics prof - Winnipeg \| Globalnews.ca](https://feedsoft.ai/events/54612-cn-railway-blockades-to-have-significant-impact-on-manitoba-economy-economics.md) | +5.0% | +9.6% |
| 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 | 2024-03-25 | [Canada rail strike to affect grains, industry says \| Latest Market News](https://feedsoft.ai/events/31233-canada-rail-strike-to-affect-grains-industry-says-latest-market-news.md) | -0.6% | +1.9% |
| WHEAT | 2020-10-02 | [French Grain Industry Warns of Severe Impact of Strikes \| Feed & Grain](https://feedsoft.ai/events/50669-french-grain-industry-warns-of-severe-impact-of-strikes-feed-and-grain.md) | +1.9% | +3.6% |
| WHEAT | 2024-06-12 | [Carriers Divert Sailings Amid Growing Threat of Canada Rail Strike \| SupplyChainBrain](https://feedsoft.ai/events/29793-carriers-divert-sailings-amid-growing-threat-of-canada-rail-strike.md) | -2.1% | -3.3% |

## Sources

- globalnews.ca: https://globalnews.ca/news/4241747/cp-rail-strike-economic-impact-canadian-industry/

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