Financial ImpactThe financial impact of the strike is estimated to be significant, with a direct one-time EBIT impact.
LiquidityThere is an anticipated modest impact on forward bookings and a potential cash flow dent that could impact spare liquidity.
Operational CostsThe industrial action resulted in C$430mm of lost revenues and C$90mm of incremental costs, offset by C$145mm in avoided expenses, with a net impact of C$375mm.