The federal government mediated a deal between the labor union and port ownership that put an end to the strike at Canada’s West Coast ports. The supply chain will need weeks to recover from the strike’s enduring consequences, which lasted for almost two weeks. The strike immediately slowed down port output, and the ensuing traffic will cause ships arriving in the US to arrive with delays of up to two months. The strike has already significantly impacted the US supply chain, as evidenced by the roughly 50% decrease in rail shipments from Canada year over year. The industries that were most impacted included those that produced wood products, oil and petroleum products, non-metallic minerals, and chemicals. Trade worth billions of dollars has been hampered by the strike, and there are Inventory worth millions of dollars is stalled on ships outside the Port of Vancouver. Since 20% of US trade passes through the Canadian ports that are impacted by the strike, the US and Canada enjoy a robust economic partnership. Recovery following the strike’s termination will take weeks, and delays for rail shipments might last between 39 and 66 days. The burden on Canadian ports has increased as a result of vessels being redirected to US ports. The British Columbia Maritime Employers Association lamented the strike’s negative economic effects and emphasized the importance of restarting cargo operations and maintaining the integrity of the supply chain. The union and port ownership kept their agreement’s terms a secret.
