The labor dispute at Canadian Pacific is likely to impact the mining sector due to possible disruptions in transportation and the supply chain, worries the Mining Association of Canada.
CP locked out its employees on Sunday as negotiations over the renewal of the collective agreement for unionized workers stalled, with the two sides failing to agree on wages and salaries. retirement plans.
“As the fluidity of the global supply chain has been strained over the past few months due to sharp fluctuations in consumer demand during the pandemic and disruptions to global shipping, this strike could not occur at a worse moment,” lamented Pierre Gratton, president and CEO of the AMC.
The supply chain has experienced major disruptions in recent years due to labor disputes that are causing additional operating costs for businesses and undermining Canada’s reputation, according to the organization.
“Canada can and must do better to create a stable and predictable logistics supply chain that will restore confidence in Canada as a reliable trading partner, and the government should make every effort and use all the tools at its disposal to address this conflict,” Mr. Gratton added.