Business
Nova Scotia group wants a court to declare a First Nation’s lobster fishery illegal
By The Canadian Press on August 23rd, 2024
HALIFAX – A commercial lobster fishing group in southwestern Nova Scotia is seeking a court to have a lobster fishery run by a First Nations community declared illegal. The United Fisheries Conservation Alliance says it also wants the court to define the scope and limits that should apply to a fishery operated by the Sipekne’katik ... Read More »
Be the first to comment!Teamsters challenge minister’s move to resume rail service as shutdown drags on
By Christopher Reynolds, The Canadian Press on August 23rd, 2024
MONTREAL – Rail workers pushed back hard Friday against the federal government’s move to put them back on the job, with a new strike notice and a regulatory challenge making it unclear when freight traffic will fully resume. At Canadian National Railway Co., trains began to move again Friday morning as workers started to trickle ... Read More »
Be the first to comment!Conservatives maintain silence as strife continues between union, railways
By The Canadian Press on August 23rd, 2024
OTTAWA – As rail workers push back on the Liberal government’s effort to end a labour dispute, the federal Conservatives remain silent on the strife that poses a major threat to Canada’s economy. Labour Minister Steven MacKinnon asked the Canadian Industrial Relations Board on Thursday to impose binding arbitration after Canadian National Railway Co. and ... Read More »
Be the first to comment!The latest developments in the labour dispute at Canada’s two biggest railways
By The Canadian Press on August 23rd, 2024
The federal government is intervening in a countrywide work stoppage at Canada’s two biggest railways, but railworkers are pushing back against Ottawa’s move to get them back on the job. In the culmination of months of increasingly bitter negotiations, Canadian National Railway Co. and Canadian Pacific Kansas City Ltd. locked out 9,300 engineers, conductors and ... Read More »
Be the first to comment!B.C.’s West Coast Express commuter train still suspended as work stoppage continues
By The Canadian Press on August 23rd, 2024
Riders of the West Coast Express in British Columbia’s Lower Mainland must continue using alternatives after the first-ever simultaneous work stoppage on Canada’s two major railways halted service on the commuter line. Ottawa has asked for binding arbitration in the dispute involving the rail workers’ union, Canadian National Railway Co., and Canadian Pacific Kansas City ... Read More »
Be the first to comment!Montreal-area mayors say Quebec government has not delivered on promised flood relief
By The Canadian Press on August 23rd, 2024
MONTREAL – A group of mayors from the Montreal region says the Quebec government has fallen short of its promise to increase financial aid for victims of torrential rain that hit the province earlier this month. Last week, Quebec Premier François Legault suggested the province would expand its disaster assistance program to include sewer backups, ... Read More »
Be the first to comment!Jasper businesses shift focus to reopening as fire risks fade
By Ian Bickis, The Canadian Press on August 23rd, 2024
The road to recovery is starting to clear for businesses in Jasper, Alta., a month after some 25,000 visitors and residents were forced to flee a raging wildfire. While Jasper National Park and the town are still closed to visitors, on Friday the park service announced that it had reopened the road south through the ... Read More »
Be the first to comment!Teamsters challenge minister’s move to resume rail service as CPKC lockout drags on
By The Canadian Press on August 23rd, 2024
MONTREAL – Rail workers are pushing back hard against the federal government’s move to get them back on the job. At Canadian National Railway Co., trains began to move again Friday morning as workers started to return to work – even as the Teamsters union issued a 72-hour strike notice against CN. And at Canadian ... Read More »
Be the first to comment!Justice Department accuses RealPage of violating antitrust laws through scheme to hike rents
By Alanna Durkin Richer, The Associated Press on August 23rd, 2024
WASHINGTON (AP) – The Justice Department filed an antitrust lawsuit Friday against real estate software company RealPage Inc., accusing it of an illegal scheme that allows landlords to coordinate to hike rental prices. The lawsuit, filed alongside attorneys general in states including North Carolina and California, alleges the company of violating antitrust laws through its ... Read More »
Be the first to comment!Stock market today: Wall Street rallies after Fed’s chair says ‘time has come’ for cuts to rates
By Stan Choe, The Associated Press on August 23rd, 2024
NEW YORK (AP) – U.S. stocks are climbing closer to their records Friday after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy. The S&P 500 was 1% higher after Fed Chair Jerome Powell ... Read More »
Be the first to comment!Stock market today: Wall Street rises after Fed chief signals rate cuts are coming
By Stan Choe, The Associated Press on August 23rd, 2024
NEW YORK (AP) – U.S. stocks are climbing closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy. The S&P 500 was 1% higher Friday after Fed Chair Jerome Powell ... Read More »
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