While entire contracts may be at risk if products are not delivered on time, undelivered perishable goods could also mean retailers lose out on sales and "considerable revenue,'' said Jasmin Guenette, vice-president of the Canadian Federation of Independent Business. But for those that can, "it just adds to the potential inflationary effect.'' "They may have contracts with their customers and they don't have the ability to pass on increases,'' he added. "Companies don't run huge inventories, as we learned during the pandemic,'' Darby said, adding some will be able to hold out for just a few days. Small and medium-sized businesses will be hurt most, since they have fewer resources and less leverage to lean on, said Dennis Darby, who heads the Canadian Manufacturers and Exporters trade group. Industry organizations say the job action by 7,400 waterfront employees that began Saturday will back up shipments, deplete inventories and boost prices on goods in shorter supply.ĭock workers walked off the job before negotiations over wages, automation and contracting out hit a deadlock at ports that handle 16 per cent of the country's total traded goods. Consumers and smaller companies will feel the impact of the port workers' strike in British Columbia, business groups warn, as the docks that handle a hefty chunk of Canada's traded goods remain shut down.
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