COVID-19 pandemic are far from over. And supply chain disruptions may soon hit Canadian consumers if they haven’t already.The world celebrated on Monday as tugboats dislodged a 400-metre-long container ship that had obstructed the canal for almost a week.
But the knock-on impacts on global shipping could take weeks or months to unravel, experts have warned, as the blockage created a backlog of hundreds of vessels waiting in line to transit through the critical waterway, which accounts for around 12 per cent of global trade traffic.
Want to buy a car? The semiconductor chip shortage could affect your selection and price “The Suez Canal issue is just a small part of the bigger story,” says Diane Brisebois, CEO of the Retail Council of.