Port of Vancouver volumes hit by softer economy and fluctuating market

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A softened global economy, the weakened Canadian dollar, and some containerized cargo shifting back to United States ports following an extended labour disruption on the U.S. west coast last year are primary factors contributing to lighter than usual traffic through the Port of Vancouver, according to the port authority’s 2016 mid-year statistics report released today. Despite the short-term slow down, forecasts show that long-term growth in trade will continue to bolster the Canadian economy.