A strike by Canadian federal civil servants is one of the largest in the country’s history, and it may last long enough to put a dent in economic growth for the second quarter.
More than 155,000 federal workers walked out on Wednesday in a wage dispute with Prime Minister Justin Trudeau’s government. They’re looking for pay increases of at least 13.5 per cent over three years; the government has offered 9 per cent. The sides have been negotiating since June 2021.
Economists surveyed by Bloomberg already expect the economy to enter a technical recession in the second and third quarter — and a prolonged labor dispute could make things worse. The union’s walkout will disrupt a broad swath of government services, from passports to immigration applications to economic statistics to the Canadian Coast Guard. It may slow the movement of grain, according to agriculture groups in Western Canada, because it affects government employees involved in inspections and export certification.
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