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The Conference Board of Canada - AERIC Inc.

21/08/2024 | News release | Distributed by Public on 21/08/2024 19:01

Off the Rails: Rail Stoppages Will Have Widespread Impacts

  • Over a 2-week period, the rail strike will halt Canadian exports and imports of a wide range of products including agricultural, energy, mining, manufactured products and consumer goods.
  • The halt to exports does not result in an equivalent loss to production, instead, production is put into inventory.
  • In the weeks and months following the strike, trade recovers to levels above normal to help restore inventories to typical levels.