Canadian Pacific Kansas City Ltd. has lowered its financial forecast for the year, citing the cost of weaker consumer demand and the B.C. port workers strike.
Overstocked inventories and dockworkers' 13-day job action in July dented its cargo volumes and revenue, as did ravenous wildfires and floods at both ends of the country.
Retail sales figures continued to grow in July, according to the latest data from Statistics Canada, even as 17 per cent of retailers say strikes at BC ports affected sales.
Retail sales figures continued to grow in July, according to the latest data from Statistics Canada, even as 17 per cent of retailers say strikes at BC ports affected sales.