Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • Singapore
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
      • USA TODAY
      • NBC News
      • CNBC
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
    • Singapore
      • CNA
      • The Straits Times
      • Lianhe Zaobao
B.C. port strike: What to know as disruption stretches into day 4

B.C. port strike: What to know as disruption stretches into day 4

Global News
Tuesday, July 04, 2023 02:08:11 PM UTC

Striking workers at B.C. ports have yet to strike a new deal with employers. Here's where talks stand, what the government has said and what impacts you can expert.

While some Canadians were lighting off fireworks and relaxing with friends over the Canada Day long weekend, longshoremen staffing some of the busiest ports in British Columbia were taking to the picket lines.

A strike among more than 7,000 cargo loaders at roughly 30 B.C. ports is stretching into its fourth day on Tuesday.

A stymying of trade at the ports is significant — an estimated 25 per cent of Canada’s imports and exports flows through the Port of Vancouver and other marine gateways along the west coast — with experts saying a prolonged strike could do “major damage” to the economy.

While both the BC Maritime Employers Association (BCMEA) and International Longshore and Warehouse Union Canada (ILWU) remain at the table as workers attempt to negotiate better pay and job security against contracting out labour, the latest developments on Monday show talks might have hit a roadblock.

The BCMEA said it no longer believes it can find a deal at the bargaining table, accusing ILWU of having “entrenched their positions” and calling demands for compensation unreasonable.

Union leadership has accused the employers of negotiating in bad faith, and has argued workers ought to share in “record high profits” at the ports.

“We hope the Association is not hiding behind the threat of back-to-work legislation and binding arbitration to avoid engaging in bargaining with the Union,” said ILWU president Rob Ashton in a statement late Monday.

UBC Sauder School of Business professor Werner Antweiler told Global News last week that the federal and provincial governments likely would not wait more than two weeks into a strike before acting and potentially legislating striking longshoremen back to work, given the potential economic impact as shipping containers pile up at B.C. ports.

Read full story on Global News
Share this story on:-
More Related News
Oil prices top US$81 a barrel amid Iran war, pushing global markets down

The price for a barrel of benchmark U.S. crude shot up 8.5 per cent Thursday to settle at US$81.01 per barrel, the highest level since the summer of 2024.

Trump says data centre deal with AI firms will keep electricity costs low

Under the terms of the voluntary pledge, companies intend to build or buy new sources of power generation for their data centers and cover the expense of infrastructure upgrades.

Wall Street and global markets slump in 1st opening since Iran conflict

Oil prices leaped, and stock markets slumped worldwide following military strikes by the United States and Israel on Iran, including Wall Street and the TSX.

AI allows for ‘significantly smaller team,’ Block says of 40% staff cut

'The core thesis is simple. Intelligence tools have changed what it means to build and run a company,' CEO Jack Dorsey said in a letter to shareholders of the financial tech firm.

Are rising debt and defaults a warning sign of a looming economic crisis?

Some subprime lenders appear to be facing strain as debt levels and the rate of borrower defaults start to rise in Canada and the U.S.

Are rising debt and defaults a warning sign of a looming economic crisis?

Some subprime lenders appear to be facing strain as debt levels and the rate of borrower defaults start to rise in Canada and the U.S.

Companies will be allowed to report finances semi-annually in pilot project

The move by the Canadian Securities Administrators mirrors a similar push in the U.S. intended to ease the regulatory burden for public companies.

U.S. Fed holds interest rates again as Iran war creates inflation worries

In a statement announcing the 3.6% rate hold, the central bank said that the 'implications of developments in the Middle East for the U.S. economy are uncertain.'

Bank of Canada holds interest rates as Iran war rattles global economies

The Bank of Canada held its benchmark lending rate at 2.25 per cent, but Governor Tiff Macklem is keeping an eye on how the Iran war could impact Canada's economy.

Bank of Canada holds interest rates as Iran war rattles global economies

The Bank of Canada held its benchmark lending rate at 2.25 per cent, but Governor Tiff Macklem is keeping an eye on how the Iran war could impact Canada's economy.

3 in 4 Canadians say they are paying more for home, car insurance: survey

A look at local data reveals that car insurance premiums have been rising rapidly, accounting for most household expenditure on insurance.

Non-sufficient funds fees are now being limited to $10 under new rules

The changes were announced by Ottawa last year and kicked in on Thursday, also prohibit banks from charging more than one NSF fee in two business days for the same deposit account.

Oil prices jump, U.S. markets retreat as Iran war worsens supply concerns

U.S. benchmark crude oil jumped US$4.52 to US$91.77 a barrel. Brent, the international standard, climbed US$5.34 to US$97.32 per barrel after briefly eclipsing the US$100 level.

Oil prices, stocks cool Tuesday morning on hopes for early end to Iran war

Stock index futures were steady on Tuesday, as investors hoped for a quicker resolution to the Middle East conflict that has led to a spike in energy prices.

Nintendo sues for refunds of Trump tariffs after Supreme Court ruling

The video game company on Friday joined thousands of American importers who have filed requests in the U.S. Court of International Trade for tariff repayments.

Stock markets plummet as oil nears $90 amid Iran war, U.S. job losses

U.S. stocks are falling sharply Friday after getting a whiff of a worst-case scenario for financial markets: a weakening economy combined with high inflation.

© 2008 - 2026 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us