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.
“We can only assume that a $2-billion daily impact on the American economy will spill over to Canada,” Gullo said. He is also a former senior director at the Railway Association of Canada. He added that the implications could be broad-based for key exports, including agriculture, fertilizer, energy and manufactured goods. Should negotiations between unions and employers fail, the U.S.
“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. “Other railroads have started to issue embargoes, some of which include permits, that may impact CP’s ability to move equipment from some locations on our North American network,” the notice said.
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