Uncertainty at B.C. ports continues as possible deal emerges in labour dispute - BNN Bloomberg

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Uncertainty at B.C. ports continues as possible deal emerges in labour dispute - BNN Bloomberg
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Uncertainty at B.C. ports continues as possible deal emerges in labour dispute

A statement on the website of the International Longshore and Warehouse Union Canada Local 502 says that a tentative agreement has been reached with the BC Maritime Employers Association, and the ILWU will hold an"emergency contract caucus" today to decide if the deal will be sent to the full union membership for ratification.

The union had rejected a previous tentative deal brokered by a federal mediator that would have ended the dispute, which already caused a 13-day work stoppage at B.C. ports earlier this month. Mark Thompson, University of British Columbia professor emeritus at the Sauder school of business, says while port strikes were common in the 1980s and 1990s, they weren't allowed to drag on, unlike the latest dispute.

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