Center’s Jeffrey Macher Quoted in ABC News Article on Canadian Rail Shutdown

two trains and the canadian flag

Posted in Infrastructure News  |  Tagged

A prolonged shutdown of Canadian freight rail companies due to labor disputes could seriously disrupt U.S. supply chains, driving up prices and slowing down the economy, experts warn. While the immediate impact might be small, a longer strike could lead to shortages of essential goods, like auto parts and perishable foods, increasing costs for American consumers and businesses. Professor Jeff Macher explains that a brief shutdown may not significantly harm the U.S. economy, but if it continues, stagnation could lead to job losses and damage key industries. Macher’s warning highlights the fragility of the U.S. economy, especially as it faces slower growth and ongoing inflation concerns. His comments also underscore how closely tied the U.S. and Canadian economies are, and the significant risks labor disputes can pose.

Read the full article on ABC News here.