U.S. rail strike could deal economic blow to Canada
BNN Bloomberg
Canada’s economy could be impacted by a possible railway strike south of the border that could halt the transportation of key imports and exports, experts warn.
CP Rail is not a part of the NCCC and is not involved in ongoing labour negotiations, according to a customer notice issued Tuesday.
“As such, in the event of a service interruption at other railroads in the U.S, CP will continue to fully operate in Canada as well as in the U.S., subject only to any applicable embargo imposed by any of the U.S. railroads,” the customer notice states.
CP has not yet initiated embargoes in relation to potential service disruptions stemming from U.S. labour disputes, but it is monitoring the situation to “evaluate any potential impact to shipments on CP’s network,” according to the notice.