Lingering concerns growing in Sask. as B.C. port strike reaches tentative agreement
Global News
Brad Sigurdson of Saskatchewan's Mining Association said about 95 per cent of their products travel through B.C. ports; while a strike deal is good, there may be lingering effects.
A tentative agreement was reached in the B.C. port strike on Thursday, but Saskatchewan associations are still monitoring concerns that could surface later down the line.
About 7,400 West Coast workers have been on strike since July 1, halting shipments in and out of about 30 ports in B.C., including Canada’s largest, the Port of Vancouver.
The International Longshore and Warehouse Union Canada announced the tentative deal on Thursday at 10:20 a.m. They did not provide any details about the agreement.
The Greater Vancouver Board of Trade estimates more than $9.3 billion in trade has been disrupted since the strike began.
“The 11 days of work stoppage have taken a very significant economic toll on our country,” said CEO of Saskatchewan Chamber of Commerce Prabha Ramaswamy. “This is significant for our province because 44 per cent of our trade goes through that port.
“We are going to see prices go up because of the disruption of the supply chain,” Ramaswamy said. “We are landlocked. We are heavily trade-reliant.”
It is hard to say right now, she said, what recovery is going to look like and how long it will take.
The Vancouver trade board said 63,000 shipping containers are waiting on the water to be unloaded.
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