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CanadaNewsMedia news September 10, 2024: Former BoC governor will address Liberal caucus, NDP caucus begins

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Here is a roundup of stories from The Canadian Press designed to bring you up to speed…

Mark Carney, Trudeau to address Liberal caucus

Former Bank of Canada governor Mark Carney will present his vision for the Liberals’ economic policy when he meets with MPs in Nanaimo, B.C., today. The party announced Carney’s new role as chair of a Liberal task force on economic growth as MPs arrived for the caucus retreat Monday, where they are planning their strategy for the upcoming election year. Prime Minister Justin Trudeau is also expected to address his caucus as a whole for the first time since several of his MPs have expressed privately and publicly that he is not the person to lead the party into the next election.

NDP caucus meets after leaving deal with Liberals

New Democrats are kicking off a three-day caucus retreat today in Montreal, days after leaving the supply-and-confidence agreement with the Liberals. Leader Jagmeet Singh announced on Wednesday that he had “ripped up” the agreement with the minority government. Singh says the Liberals are too weak to fight for Canadians and can’t stop the Conservatives, offering himself as a credible alternative to Pierre Poilievre. The retreat is also happening in one of the two cities where the N-D-P is hoping to win a byelection on September 16th.

Here’s what else we’re watching…

Report highlights hurdles to federal housing plan

A new report warns Ottawa’s efforts to kickstart new housing supply likely won’t be enough to meet its optimistic targets. The report by Desjardins highlights the ongoing labour shortage in the construction industry as the main obstacle holding back housing starts. Ottawa has vowed to unlock 3.87 million new homes by 2031 through measures such as new tax incentives and building more housing on public lands. But the report says even with the projected increase in housing starts, it will still fall well short of the pace needed to achieve affordability by 2030.

Hoggard to seek bail pending appeal attempt

Canadian musician Jacob Hoggard is expected to seek bail at a court hearing today, weeks after beginning to serve his sentence for a sexual assault conviction. The Hedley frontman filed an application seeking leave to appeal his case to the Supreme Court of Canada last week. Hoggard was found guilty in June 2022 of sexual assault causing bodily harm against an Ottawa woman and later sentenced to five years behind bars. He is set to seek bail at the Court of Appeal today as he seeks leave to appeal at the Supreme Court.

Unifor vote begins at Walmart warehouse in Ontario

Unifor says employees at a Walmart warehouse in Mississauga, Ont., will begin voting Tuesday on whether to join the union. The union applied to the Ontario Labour Relations Board to represent the workers on September 3, and said a vote would be called if the cards submitted by Unifor represented at least 40 per cent of the eligible workforce. Unifor represents 315,000 workers across the country. Unifor National President Lana Payne says in a statement that a vote for the union this week is “the best way for workers to get a level playing field with a corporate giant.”

Business warns Ottawa about digital services tax

One of Canada’s most influential business lobby groups is warning Ottawa its digital services tax may damage the relationship with the United States. The Business Council of Canada called for the tax to be revoked after the Office of the United States Trade Representative asked for dispute settlement consultations under the Canada-U.S.-Mexico trade agreement. Canada’s three-per-cent tax on large foreign digital services companies has been criticized by U-S companies and officials, because it would force American companies to pay taxes on revenue generated from Canadian users.

This report by The Canadian Press was first published Sept. 10, 2024.

The Canadian Press. All rights reserved.

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RCMP investigating after three found dead in Lloydminster, Sask.

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LLOYDMINSTER, SASK. – RCMP are investigating the deaths of three people in Lloydminster, Sask.

They said in a news release Thursday that there is no risk to the public.

On Wednesday evening, they said there was a heavy police presence around 50th Street and 47th Avenue as officers investigated an “unfolding incident.”

Mounties have not said how the people died, their ages or their genders.

Multiple media reports from the scene show yellow police tape blocking off a home, as well as an adjacent road and alleyway.

The city of Lloydminster straddles the Alberta-Saskatchewan border.

Mounties said the three people were found on the Saskatchewan side of the city, but that the Alberta RCMP are investigating.

This report by The Canadian Press was first published on Sept. 12, 2024.

Note to readers: This is a corrected story; An earlier version said the three deceased were found on the Alberta side of Lloydminster.

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Three injured in Kingston, Ont., assault, police negotiating suspect’s surrender

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KINGSTON, Ont. – Police in Kingston, Ont., say three people have been sent to hospital with life-threatening injuries after a violent daytime assault.

Kingston police say officers have surrounded a suspect and were trying to negotiate his surrender as of 1 p.m.

Spokesperson Const. Anthony Colangeli says police received reports that the suspect may have been wielding an edged or blunt weapon, possibly both.

Colangeli says officers were called to the Integrated Care Hub around 10:40 a.m. after a report of a serious assault.

He says the three victims were all assaulted “in the vicinity,” of the drop-in health centre, not inside.

Police have closed Montreal Street between Railway Street and Hickson Avenue.

This report by The Canadian Press was first published Sept. 12, 2024.

The Canadian Press. All rights reserved.



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Government intervention in Air Canada talks a threat to competition: Transat CEO

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Demands for government intervention in Air Canada labour talks could negatively affect airline competition in Canada, the CEO of travel company Transat AT Inc. said.

“The extension of such an extraordinary intervention to Air Canada would be an undeniable competitive advantage to the detriment of other Canadian airlines,” Annick Guérard told analysts on an earnings conference call on Thursday.

“The time and urgency is now. It is time to restore healthy competition in Canada,” she added.

Air Canada has asked the federal government to be ready to intervene and request arbitration as early as this weekend to avoid disruptions.

Comments on the potential Air Canada pilot strike or lock out came as Transat reported third-quarter financial results.

Guérard recalled Transat’s labour negotiations with its flight attendants earlier this year, which the company said it handled without asking for government intervention.

The airline’s 2,100 flight attendants voted 99 per cent in favour of a strike mandate and twice rejected tentative deals before approving a new collective agreement in late February.

As the collective agreement for Air Transat pilots ends in June next year, Guérard anticipates similar pressure to increase overall wages as seen in Air Canada’s negotiations, but reckons it will come out “as a win, win, win deal.”

“The pilots are preparing on their side, we are preparing on our side and we’re confident that we’re going to come up with a reasonable deal,” she told analysts when asked about the upcoming negotiations.

The parent company of Air Transat reported it lost $39.9 million or $1.03 per diluted share in its quarter ended July 31. The result compared with a profit of $57.3 million or $1.49 per diluted share a year earlier.

Revenue totalled $736.2 million, down from $746.3 million in the same quarter last year.

On an adjusted basis, Transat says it lost $1.10 per share in its latest quarter compared with an adjusted profit of $1.10 per share a year earlier.

It attributed reduced revenues to lower airline unit revenues, competition, industry-wide overcapacity and economic uncertainty.

Air Transat is also among the airlines facing challenges related to the recall of Pratt & Whitney turbofan jet engines for inspection and repair.

The recall has so far grounded six aircraft, Guérard said on the call.

“We have agreed to financial compensation for grounded aircraft during the 2023-2024 period,” she said. “Alongside this financial compensation, Pratt & Whitney will provide us with two additional spare engines, which we intend to monetize through a sell and lease back transaction.”

Looking ahead, the CEO said she expects consumer demand to remain somewhat uncertain amid high interest rates.

“We are currently seeing ongoing pricing pressure extending into the winter season,” she added. Air Transat is not planning on adding additional aircraft next year but anticipates stability.

“(2025) for us will be much more stable than 2024 in terms of fleet movements and operation, and this will definitely have a positive effect on cost and customer satisfaction as well,” the CEO told analysts.

“We are more and more moving away from all the disruption that we had to go through early in 2024,” she added.

This report by The Canadian Press was first published Sept. 12, 2024.

Companies in this story: (TSX:TRZ)

The Canadian Press. All rights reserved.



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