They note that 16 per cent of the country’s total goods, worth approximately $500 million, is being disrupted every day that the strike is on.
The impact of the ongoing strike resulted in Nutrien's decision yesterday to curtail production at its Cory (Saskatchewan) potash mine due to the loss of export capacity at the Port of Vancouver's Canpotex Neptune terminal.
Ken Seitz, Nutrien’s President and CEO says if the strike continues it could also impact production at their other potash mines in
the province.
Last week, Fertilizer Canada called on Ottawa to take immediate action raising its concerns about the impact of the strike as Canada exports 95 per cent of the potash we produce through the Port of Vancouver.
Overall, potash exports contribute $5.52 billion to Canada’s annual gross domestic product.
In a statement issued last night O'Regan said that after eleven days of a work stoppage, he has decided that the difference between the employer's and the union's position is not sufficient to justify a continued work stoppage.
He says once he gets the terms of settlement from the mediator, he'll forward them to both sides and they'll have another 24 hours to decide whether or not to recommend ratification.
Source : Pembinavalley online