Business

Police at the picket: A look at RPS involvement in the Co-op Refinery labour dispute – CTV News

Published

5 years ago

February 9, 2020

REGINA —
The Regina Police Service has played a significant role in the Co-op Refinery labour dispute. Here’s a look back at the services involvement since job action began over nine weeks ago.

RPS became involved in the Co-op Refinery labour dispute early, on Dec. 10 when Unifor president Jerry Dias accused the service of choosing sides.

RPS said that it was made aware that there was a vehicle the Co-op Refinery wanted on the premises, that the picketers refused to let pass. RPS members spoke to people on both sides of the issue and helped them come to an agreement.

“By intervening without a court order, RPS has shown not only highly questionable judgement, but also contempt for the highly-skilled workers fighting back against the company’s aggressive demand for concessions,” Jerry Dias, Unifor National President said in the online press release.

On Jan. 20, after the national union arrived in Regina to take over the picket at the Co-op Refinery, Unifor national president Jerry Dias was arrested along with 13 others.

The arrests followed a court order from Saskatchewan’s Court of Queen’s Bench which said “Unifor Canada, Local 594 and all of its members, until the trial or other final disposition of its Action, or until further order of the court, are hereby restrained from impeding, obstructing or interfering with the ingress or egress to or from…[CCRL] Properties.”

Unifor said its interpretation of the court order was that the local union was restrained from blocking entry to the Co-op Refinery, but Unifor national would be legally allowed to do so.

Three days later on Jan. 23, Chief of Regina Police Evan Bray met with Dias, and called the meeting “productive”.

Bray had previously posted a video to Facebook, where he explained the desire to meet with Dias to open the lines of communication.

After an eventful week, police involvement with Unifor seemed to quiet down. Bray posted another video to Facebook where he explained that just because arrests are not being made, did not mean police were not still working to ensure safety, as well as a fair and legal labour dispute.

The next week saw a Hollywood celebrity weigh into the dispute, as well as the first sit-down meeting between the union and the employer since job action began. The fences at the refinery temporarily came down, but went back up when talks broke down.

Tension between police and Unifor began heating up again on Feb. 4 as officers were seen ticketing a number of union member’s vehicles parked on private property at the refinery.

On the morning of Feb. 6, four more union members were arrested and charged with mischief. Police also seized 31 illegally parked vehicles.

The same morning it was alleged that RPS officers opened the barricades implemented by the union to allow a number of trucks inside to refill. RPS denied this allegation and Unifor later said that the employer took down the gates and notified the truckers.

Several truckers were locked inside during this exchange.

Let’s block ads! (Why?)

Source link

Business

TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico

Published

4 hours ago

November 7, 2024

Anne Joseph

CALGARY – TC Energy Corp. has lowered the estimated cost of its Southeast Gateway pipeline project in Mexico.

It says it now expects the project to cost between US$3.9 billion and US$4.1 billion compared with its original estimate of US$4.5 billion.

The change came as the company reported a third-quarter profit attributable to common shareholders of C$1.46 billion or $1.40 per share compared with a loss of C$197 million or 19 cents per share in the same quarter last year.

Revenue for the quarter ended Sept. 30 totalled C$4.08 billion, up from C$3.94 billion in the third quarter of 2023.

TC Energy says its comparable earnings for its latest quarter amounted to C$1.03 per share compared with C$1.00 per share a year earlier.

The average analyst estimate had been for a profit of 95 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:TRP)

Source link

Business

BCE reports Q3 loss on asset impairment charge, cuts revenue guidance

Published

4 hours ago

November 7, 2024

Anne Joseph

BCE Inc. reported a loss in its latest quarter as it recorded $2.11 billion in asset impairment charges, mainly related to Bell Media’s TV and radio properties.

The company says its net loss attributable to common shareholders amounted to $1.24 billion or $1.36 per share for the quarter ended Sept. 30 compared with a profit of $640 million or 70 cents per share a year earlier.

On an adjusted basis, BCE says it earned 75 cents per share in its latest quarter compared with an adjusted profit of 81 cents per share in the same quarter last year.

“Bell’s results for the third quarter demonstrate that we are disciplined in our pursuit of profitable growth in an intensely competitive environment,” BCE chief executive Mirko Bibic said in a statement.

“Our focus this quarter, and throughout 2024, has been to attract higher-margin subscribers and reduce costs to help offset short-term revenue impacts from sustained competitive pricing pressures, slow economic growth and a media advertising market that is in transition.”

Operating revenue for the quarter totalled $5.97 billion, down from $6.08 billion in its third quarter of 2023.

BCE also said it now expects its revenue for 2024 to fall about 1.5 per cent compared with earlier guidance for an increase of zero to four per cent.

The company says the change comes as it faces lower-than-anticipated wireless product revenue and sustained pressure on wireless prices.

BCE added 33,111 net postpaid mobile phone subscribers, down 76.8 per cent from the same period last year, which was the company’s second-best performance on the metric since 2010.

It says the drop was driven by higher customer churn — a measure of subscribers who cancelled their service — amid greater competitive activity and promotional offer intensity. BCE’s monthly churn rate for the category was 1.28 per cent, up from 1.1 per cent during its previous third quarter.

The company also saw 11.6 per cent fewer gross subscriber activations “due to more targeted promotional offers and mobile device discounting compared to last year.”

Bell’s wireless mobile phone average revenue per user was $58.26, down 3.4 per cent from $60.28 in the third quarter of the prior year.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:BCE)

Source link

Business

Canada Goose reports Q2 revenue down from year ago, trims full-year guidance

Published

4 hours ago

November 7, 2024

Anne Joseph

TORONTO – Canada Goose Holdings Inc. trimmed its financial guidance as it reported its second-quarter revenue fell compared with a year ago.

The luxury clothing company says revenue for the quarter ended Sept. 29 totalled $267.8 million, down from $281.1 million in the same quarter last year.

Net income attributable to shareholders amounted to $5.4 million or six cents per diluted share, up from $3.9 million or four cents per diluted share a year earlier.

On an adjusted basis, Canada Goose says it earned five cents per diluted share in its latest quarter compared with an adjusted profit of 16 cents per diluted share a year earlier.

In its outlook, Canada Goose says it now expects total revenue for its full financial year to show a low-single-digit percentage decrease to low-single-digit percentage increase compared with earlier guidance for a low-single-digit increase.

It also says it now expects its adjusted net income per diluted share to show a mid-single-digit percentage increase compared with earlier guidance for a percentage increase in the mid-teens.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:GOOS)

Source link