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Alberta minister calls for back-to-work legislation to end B.C. port strike – Global News

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Alberta’s transport minister wants the federal government to recall Parliament to consider back-to-work legislation that would end a strike at British Columbia ports.

Minister of Transportation and Economic Corridors Devin Dreeshen said he’s frustrated the strike has continued since Saturday, particularly because Ottawa used legislation in 2021 to end a walkout by Port of Montreal dock workers after one day.

“They used Parliament to resolve it. And that same amount of urgency is something that we’re hoping that the federal government has in this case as well,” he said.

Dreeshen said Tuesday that Alberta has asked federal Labour Minister Seamus O’Regan for daily updates on negotiations between the BC Maritime Employers Association and the International Longshore and Warehouse Union Canada.

“It’s vitally important that the supply chain, this being a main critical component of it, remains open,” he said.


Click to play video: 'Update on B.C. port strike as talks stall'

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Update on B.C. port strike as talks stall


More than 7,000 workers at 30 ports across British Columbia have been on strike since Saturday morning, leading business organizations as well as officials in both Alberta and Saskatchewan to call on Ottawa to step in.

Talks stalled Monday, with the employers’ association issuing a statement saying it didn’t think more bargaining would produce a deal and the union saying the other side had changed its position on a key issue.

The union has previously said contracting out, port automation and the cost of living are key issues in the dispute.

O’Regan said Tuesday that federal mediators continue to support both sides in their negotiations.

“We encourage both parties to immediately return to the bargaining table and remain there until a deal is reached,” he said.

“Collective bargaining is hard work but it’s how the best, most resilient deals are made.”

In a separate statement responding to calls for back-to-work legislation, O’Regan’s office reiterated that it’s “not looking past the bargaining table, because the best deals are made at the table.”


Click to play video: 'Pressure mounts on federal government as B.C. port strike enters 2nd day'

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Pressure mounts on federal government as B.C. port strike enters 2nd day


Dreeshen said western ports, particularly the Port of Vancouver, are “incredibly important” to Alberta’s economy. He said 80 per cent of exports that travel through the Port of Vancouver come from the Prairies.

Saskatchewan Minister of Trade and Export Development Jeremy Harrison said Tuesday that shippers in that province have warned the strike is already slowing down the flow of goods, and the current work stoppage will have long-lasting effects on the supply chain.

“It may take weeks or even months to fully recover from these disruptions. Strain on the supply chain leads to additional costs that end up being passed along to consumers, including those in Saskatchewan,” he said.

“We encourage the Government of Canada to do everything within its power to facilitate a resolution in the best interests of all Canadians.”

Dreeshen said Alberta has yet to see shortages of perishable goods on grocery shelves but that could come “very soon.”


Click to play video: 'Job action shuts down B.C. ports and terminals'

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Job action shuts down B.C. ports and terminals


Groups representing Canadian businesses also want the federal government to intervene, with one organization calling for legal changes that would discourage future disruptions.

On Tuesday Canadian Manufacturers & Exporters said designating ports and rail lines as essential infrastructure and limiting when and where labour and other disruptions can occur would provide manufacturers the stability they need.

“A strike of this magnitude not only disrupts the Canadian economy but damages our global trading reputation, hurts already fragile supply chains, and puts jobs at risk,” the group said in a statement.

“Given that the federal government understands what is at stake, (Canadian Manufacturers & Exporters) urges them to intervene now to reassure manufacturers that they will not bear the brunt of a labour dispute that is beyond their control,” it said.

The group, which says its members account for about 82 per cent of total manufacturing production and 90 per cent of Canada’s exports, estimates that the movement of $500 million worth of goods is being disrupted every day.

The Greater Vancouver Board of Trade is meanwhile asking Ottawa to “use every tool at its disposal” to ensure a deal is struck to resume activity at the city’s port, including back-to-work legislation, if necessary.


Click to play video: 'The economic impact of B.C. port workers’ strike'

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The economic impact of B.C. port workers’ strike


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Canada Goose to get into eyewear through deal with Marchon

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TORONTO – Canada Goose Holdings Inc. says it has signed a deal that will result in the creation of its first eyewear collection.

The deal announced on Thursday by the Toronto-based luxury apparel company comes in the form of an exclusive, long-term global licensing agreement with Marchon Eyewear Inc.

The terms and value of the agreement were not disclosed, but Marchon produces eyewear for brands including Lacoste, Nike, Calvin Klein, Ferragamo, Longchamp and Zeiss.

Marchon plans to roll out both sunglasses and optical wear under the Canada Goose name next spring, starting in North America.

Canada Goose says the eyewear will be sold through optical retailers, department stores, Canada Goose shops and its website.

Canada Goose CEO Dani Reiss told The Canadian Press in August that he envisioned his company eventually expanding into eyewear and luggage.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:GOOS)

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A timeline of events in the bread price-fixing scandal

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Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsuits continue to work their way through the courts.

Here’s a timeline of key events in the bread price-fixing case.

Oct. 31, 2017: The Competition Bureau says it’s investigating allegations of bread price-fixing and that it was granted search warrants in the case. Several grocers confirm they are co-operating in the probe.

Dec. 19, 2017: Loblaw and George Weston say they participated in an “industry-wide price-fixing arrangement” to raise the price of packaged bread. The companies say they have been co-operating in the Competition Bureau’s investigation since March 2015, when they self-reported to the bureau upon discovering anti-competitive behaviour, and are receiving immunity from prosecution. They announce they are offering $25 gift cards to customers amid the ongoing investigation into alleged bread price-fixing.

Jan. 31, 2018: In court documents, the Competition Bureau says at least $1.50 was added to the price of a loaf of bread between about 2001 and 2016.

Dec. 20, 2019: A class-action lawsuit in a Quebec court against multiple grocers and food companies is certified against a number of companies allegedly involved in bread price-fixing, including Loblaw, George Weston, Metro, Sobeys, Walmart Canada, Canada Bread and Giant Tiger (which have all denied involvement, except for Loblaw and George Weston, which later settled with the plaintiffs).

Dec. 31, 2021: A class-action lawsuit in an Ontario court covering all Canadian residents except those in Quebec who bought packaged bread from a company named in the suit is certified against roughly the same group of companies.

June 21, 2023: Bakery giant Canada Bread Co. is fined $50 million after pleading guilty to four counts of price-fixing under the Competition Act as part of the Competition Bureau’s ongoing investigation.

Oct. 25 2023: Canada Bread files a statement of defence in the Ontario class action denying participating in the alleged conspiracy and saying any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods, which is not a defendant in the case (neither is its current owner Grupo Bimbo). Maple Leaf calls Canada Bread’s accusations “baseless.”

Dec. 20, 2023: Metro files new documents in the Ontario class action accusing Loblaw and its parent company George Weston of conspiring to implicate it in the alleged scheme, denying involvement. Sobeys has made a similar claim. The two companies deny the allegations.

July 25, 2024: Loblaw and George Weston say they agreed to pay a combined $500 million to settle both the Ontario and Quebec class-action lawsuits. Loblaw’s share of the settlement includes a $96-million credit for the gift cards it gave out years earlier.

Sept. 12, 2024: Canada Bread files new documents in Ontario court as part of the class action, claiming Maple Leaf used it as a “shield” to avoid liability in the alleged scheme. Maple Leaf was a majority shareholder of Canada Bread until 2014, and the company claims it’s liable for any price-fixing activity. Maple Leaf refutes the claims.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:L, TSX:MFI, TSX:MRU, TSX:EMP.A, TSX:WN)

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TD CEO to retire next year, takes responsibility for money laundering failures

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TORONTO – TD Bank Group, which is mired in a money laundering scandal in the U.S., says chief executive Bharat Masrani will retire next year.

Masrani, who will retire officially on April 10, 2025, says the bank’s, “anti-money laundering challenges,” took place on his watch and he takes full responsibility.

The bank named Raymond Chun, TD’s group head, Canadian personal banking, as his successor.

As part of a transition plan, Chun will become chief operating officer on Nov. 1 before taking over the top job when Masrani steps down at the bank’s annual meeting next year.

TD also announced that Riaz Ahmed, group head, wholesale banking and president and CEO of TD Securities, will retire at the end of January 2025.

TD has taken billions in charges related to ongoing U.S. investigations into the failure of its anti-money laundering program.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:TD)

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