A source close to negotiations over the British Columbia port strike said both sides on Wednesday received the terms of a settlement recommended by a federal mediator that could end the 12-day-old industrial action.
The delivery of the terms came after federal Labour Minister Seamus O鈥橰egan late Tuesday instructed the mediator to send him the terms within 24 hours so he could forward them to the International Longshore and Warehouse Union Canada and the B.C. Maritime Employers Association.
The two sides have 24 hours upon receiving the recommendations to decide whether or not to ratify the agreement.
Neither side confirmed they have received the terms.
British Columbia business groups said there鈥檚 no guarantee the strike will end quickly despite O鈥橰egan鈥檚 move.
The groups, including the Greater Vancouver Board of Trade, the B.C. Council of Forest Industries, the B.C. Chamber of Commerce and the Mining Association of B.C., said at an event in Vancouver on Wednesday that they are continuing to call for federal back-to-work legislation to end the strike involving 7,400 dock workers at more than 30 ports, including Canada鈥檚 busiest, the Port of Vancouver.
鈥淲hile we hold some hope that a deal can be reached, the reality is that if either party opts out, we will have added $1.6 billion to the trade disrupted and be back in the exact same place,鈥 said Board of Trade president and CEO Bridgitte Anderson.
鈥淓very single hour and every single day that this labour dispute goes on, we are putting our international reputation at risk, we are putting jobs at risk, and it鈥檚 also hurting our economy.鈥
Anderson said an estimated $8.9 billion in trade has been disrupted since the strike began, and 63,000 shipping containers are 鈥渨aiting on the water to be unloaded鈥 at B.C. ports.
That number could balloon to 245,000 by the end of July if the strike isn鈥檛 resolved by then, she said.
O鈥橰egan said Tuesday the gap between the workers鈥 and employers鈥 positions was 鈥渘ot sufficient to justify a continued work stoppage.鈥
The mediator鈥檚 recommended terms are non-binding, and either side can vote to reject them.
B.C. Premier David Eby said at the close of a premiers鈥 meeting in Winnipeg on Wednesday that the strike cannot drag on.
鈥淭his isn鈥檛 just the Port of Vancouver, it鈥檚 the port of Saskatchewan, it鈥檚 the port of Alberta and it鈥檚 the port of Manitoba,鈥 Eby said. 鈥淪o it鈥檚 critically important infrastructure for Canadians, for people who go to work in industries where those goods are exported globally.
鈥淚t has a profoundly damaging impact across the country on workers who are also trying to feed their families right now.鈥
But Eby also said the union鈥檚 concerns about inflation and rising costs of living are real, and there was a need for striking port workers to 鈥渂e treated fairly.鈥
Saskatchewan Premier Scott Moe said his province鈥檚 potash customers could soon take their business to Russia and Belarus if the dispute continues.
鈥淭oday, it might be easier for you to get a ton of Russian potash fertilizer than it is to get a ton of Saskatchewan potash fertilizer,鈥 Moe said. 鈥淪o the impacts are much broader than what鈥檚 happening just at the port there.鈥
On Tuesday, Nutrien Ltd. said it had curtailed production at its Cory potash mine in Saskatchewan due to the strike.
Alberta Premier Danielle Smith said if businesses can鈥檛 get their goods to markets because of the strike, Canada could start to lose international customers.
Michael Goehring, president and CEO of the Mining Association of B.C., said some customers from foreign markets have been asking about the port strike and when it will end.
Goehring said some member mines have diverted shipments to other ports, while others resort to stockpiling products on-site or in railcars.
鈥淭here are physical and financial limits to how long mines can continue to do this,鈥 he said. 鈥 鈥 If the strike continues for much longer, some of our members will have to start planning for shutdowns and temporary layoffs.鈥
The B.C. business groups on Wednesday launched a real-time 鈥淧ort Shutdown Calculator鈥 to show what they say is the cumulative cost of the strike.
Fiona Famulak, president and CEO of the B.C. Chamber of Commerce, said Canadian consumers would begin feeling the wider impact of the shutdown 鈥渋n a matter of days鈥 if they did not already.
鈥淲e have an affordability issue here in British Columbia,鈥 Famulak said. 鈥淭he strike is going to make that worse. We have a housing issue here in British Columbia, and the delay on raw materials whether it鈥檚 steel for rebar, whether it鈥檚 component parts, whether it鈥檚 hard goods, will delay construction schedules.
鈥淚t will delay delivery of industrial, commercial and residential residences. It will result probably in higher cost to renters and higher cost to those looking to purchase.鈥
READ ALSO: