The impact of the ongoing BC port strike is having major implications.
Nutrien announced yesterday that it has curtailed production at its Cory 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
Last week, Fertilizer Canada called on Ottawa to take immediate action raising its concerns about the impact as Canada exports 95 per cent of the potash we produce through the Port of Vancouver.
Potash exports contribute $5.52 billion to Canada’s annual gross domestic product.
Over 7000 dock workers represented by ILWU Canada walked off the job on July 1st after failing to reach an agreement with the BCMEA.