Free Trial

Border Protests May Snarl Q1 Growth

CANADA
(MNI) OTTAWA
  • Canada's economy may face a Q1 hit with truckers in recent days expanding blockades to Ambassador Bridge linking Ontario auto factories to those in Detroit, and another highway into Michigan
  • Protesters seeking end of Covid and masking mandates have also been holding up an Alberta border crossing that's important to the beef industry, and snarling traffic near Parliament in Ottawa
  • Federal government is also starting to face some public criticism from its own lawmakers about the path to lifting Covid restrictions
  • Economists had already been predicting growth could stall out in Q1 on omicron business shutdowns in Jan, some are being lifted now
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.