MONTREAL — The economic fallout of the country’s rail shutdown is set to come into focus this week as shippers and producers take stock of cargo delays and financial losses.
A work stoppage that began early Thursday morning at Canada’s two major railways is slated to end first thing Monday after a decision from the federal labour board ordered the companies and their workers to resume operations.
But the full financial impact of the shutdown remains unclear, even as Moody’s warned it could cost the Canadian economy $341 million per day.
The credit rating agency said agriculture, forestry and manufacturing were among the hardest-hit sectors.
The stoppage is poised
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