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Canada's rail shutdown could hit GDP hard, kill jobs if protracted

By Yahoo! Finance   |   Aug 22, 2024 at 01:56 PM EST
Canada's rail shutdown could hit GDP hard, kill jobs if protracted

A rail stoppage in Canada could lead to billions in economic losses and job cuts. A two-week strike may result in a $3 billion GDP loss and 49,000 job losses. Economists warn of inflation and economic slowdown if the strike prolongs.

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