It appears unrest at British Columbia’s ports is not yet settled, with workers voting no to a tentative agreement that had been assembled and agreed to late last week.
The International Longshore and Warehouse Union has issued a brief statement this evening, indicating that the ILWU Canada longshore workers have voted no to the proposed agreement. The union represents about 7,400 port workers across the province.
The brief two sentence statement was followed up by the union demanding further negotiations.
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“Today we call on our direct employers to come to the table and negotiate something the works for our members and the industry,” the union said in its official statement.
It is unclear at this time whether the union intends to resume strike action. Previous reports have suggested the strike costs the Canadian economy in excess of $500 million per day, with estimates as high as $750 million per day.
RELATED: BC Port Workers Union Strikes Again: Why The Initial Deal Wasn’t Enough
Information for this briefing was found via ILWU and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
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