Port Shutdown Calculator 2023
July 13, 2023
Value of Trade Disrupted
$10,684,046,296
Total Time of Labour Disruption
13 Days 8 Hours 31 Minutes 17 Seconds
Calculation Note: The calculator was paused from July 13-18, 2023 when the port was reopened but does not adjust for the value of trade that may have been processed during the time the ports were reopen. We are working with partners to understand the extent to which there was a catch up over and above volumes that would have been normally expected. The calculator is currently paused during the 72-hour strike notice.
About the Port Shutdown Calculator tool:
- Estimates the value of goods disrupted or delayed from import/export due to the port shutdown.
- Estimates the value of trade per day at $800M and divides that by 24 hours.
- It does not estimate the economic impact of the disruption on the Canadian economy.
- As the strike continues, the economic impact will grow substantially due to plant shutdowns, lack of inventory affecting sales or production, and myriad other impacts on the British Columbian and Canadian economy.
- Rail companies have publicly stated that one day of stoppage results in three to five days of recovery.