Home > Commodities > Montreal port expects slowdown from three-day workers' strike set for Monday

Montreal port expects slowdown from three-day workers' strike set for Monday

2024/09/28 23

(Reuters) -The port of Montreal on Friday said customers would experience an operational slowdown after a union issued a notice for a three-day strike next week at two terminals that account for 41% of its container traffic.

“The uncertainty surrounding our activities will have a domino effect, both on importers and exporters who rely on the transportation of goods, and on the general public,” port authority President Julie Gascon said in a statement.

Nearly C$6 billion worth of goods were due to arrive in coming weeks, she said.

In a statement, federal Labour Minister Steven MacKinnon said the port was critical to Canada’s supply chains, adding that he was following the situation very closely.

© Reuters. FILE PHOTO: A shipping container is offloaded from a truck in the Port of Montreal in Montreal, Quebec, Canada, May 17, 2021.  REUTERS/Christinne Muschi/File Photo

The strike is due to start at 7 a.m. (1100 GMT) on Monday. The workers are demanding higher wages.

Montreal is the largest container port in eastern Canada and accounted for 3.5% of Canadian GDP in 2022, Gascon said.

About Cryptoopia

Cryptoopia is a global financial website that provides content on stock markets, cryptocurrencies, commodity investments, foreign exchange, and economics. Our motto is “One platform, global access”, meaning that our platform is accessible to everyone around the world. No matter where you are, you can access information and investment opportunities in the global financial markets through our platform. We are committed to providing convenient and comprehensive financial services to global investors, making your investment journey smoother and more accessible.