In the news today: Oilers look ahead after Cup final loss, inflation report due | Canada News Media
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In the news today: Oilers look ahead after Cup final loss, inflation report due

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

What’s next?: Interesting off-season ahead for Oilers after Stanley Cup final loss

The Oilers could see the Panthers celebrating on the ice and hear them down the hallway. Florida won its first Stanley Cup late Monday night, besting Edmonton 2-1 in Game 7 after blowing a 3-0 lead in the title series. The Panthers will spend the summer sipping from hockey’s holy grail but the Oilers, meanwhile, have plenty of questions about the future. Top of the list is the future of star centre Leon Draisaitl, who has one year left on his current contract that carries an average annual value of US$8.5 million, and is eligible to sign an extension as of July 1.

Statistics Canada to release May inflation report today

Statistics Canada is set to publish its May consumer price index report this morning. Economists are expecting inflation slowed slightly last month, which would be another good sign for the Bank of Canada. The central bank, which has been encouraged by the slowdown in inflation, cut its key interest rate by a quarter of a percentage point earlier this month. Economists say May and June inflation data will play a key role in the central bank’s next interest rate decision scheduled for July.

Here’s what else we’re watching…

Capital gains tax changes come into effect today

The Liberal government’s changes to capital gains taxation come into effect today despite significant pushback from business and physicians’ groups. Finance Minister Chrystia Freeland’s spring budget proposed making two-thirds of the profit made on the sale of assets taxable, up from one-half. For individuals’ capital gains of $250,000 or less, the inclusion rate would remain the same, at 50 per cent. At a time when the Liberals are looking to woo back young voters, Prime Minister Justin Trudeau has pitched the effective tax increase as a way to deliver generational fairness.

Canada’s fastest-growing demographic is aged 100

Statistics Canada data show the country’s population of people aged at least 100 more than tripled between 2000 and 2023, up from 3,393 to 11,705. That makes centenarians the fastest-growing age group in Canada, and the agency says their numbers are poised to rise almost ten times higher over the next half-century. Experts attribute the rise to improvements in health care and medical awareness, although genetics likely plays a key role in individual cases. Some relatives interviewed by The Canadian Press see their loved ones’ great longevity as a blessing, but a testing one.

Influencers paid to counter disinformation: feds

Since 2021, federal government departments and agencies have spent at least $1.7 million on influencers, and influencer marketing campaigns and strategies, documents recently tabled in the House of Commons and publicly available contracts show. It’s just a fraction of what the government otherwise spends on traditional advertising. Most of the social-media money is going towards institutions that have public service announcements to put out about health, travel or other topics that are also fodder for newspaper ads or commercials on TV and radio. Influencers have been hired to put out government-approved messaging on topics such as safe cannabis use, dementia prevention, sexual health and mental-health resources.

This report by The Canadian Press was first published June 25, 2024.

The Canadian Press. All rights reserved.

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Canada’s Denis Shapovalov wins Belgrade Open for his second ATP Tour title

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BELGRADE, Serbia – Canada’s Denis Shapovalov is back in the winner’s circle.

The 25-year-old Shapovalov beat Serbia’s Hamad Medjedovic 6-4, 6-4 in the Belgrade Open final on Saturday.

It’s Shapovalov’s second ATP Tour title after winning the Stockholm Open in 2019. He is the first Canadian to win an ATP Tour-level title this season.

His last appearance in a tournament final was in Vienna in 2022.

Shapovalov missed the second half of last season due to injury and spent most of this year regaining his best level of play.

He came through qualifying in Belgrade and dropped just one set on his way to winning the trophy.

Shapovalov’s best results this season were at ATP 500 events in Washington and Basel, where he reached the quarterfinals.

Medjedovic was playing in his first-ever ATP Tour final.

The 21-year-old, who won the Next Gen ATP Finals presented by PIF title last year, ends 2024 holding a 9-8 tour-level record on the season.

This report by The Canadian Press was first published Nov. 9, 2024.

The Canadian Press. All rights reserved.



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Talks to resume in B.C. port dispute in bid to end multi-day lockout

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VANCOUVER – Contract negotiations resume today in Vancouver in a labour dispute that has paralyzed container cargo shipping at British Columbia’s ports since Monday.

The BC Maritime Employers Association and International Longshore and Warehouse Union Local 514 are scheduled to meet for the next three days in mediated talks to try to break a deadlock in negotiations.

The union, which represents more than 700 longshore supervisors at ports, including Vancouver, Prince Rupert and Nanaimo, has been without a contract since March last year.

The latest talks come after employers locked out workers in response to what it said was “strike activity” by union members.

The start of the lockout was then followed by several days of no engagement between the two parties, prompting federal Labour Minister Steven MacKinnon to speak with leaders on both sides, asking them to restart talks.

MacKinnon had said that the talks were “progressing at an insufficient pace, indicating a concerning absence of urgency from the parties involved” — a sentiment echoed by several business groups across Canada.

In a joint letter, more than 100 organizations, including the Canadian Chamber of Commerce, Business Council of Canada and associations representing industries from automotive and fertilizer to retail and mining, urged the government to do whatever it takes to end the work stoppage.

“While we acknowledge efforts to continue with mediation, parties have not been able to come to a negotiated agreement,” the letter says. “So, the federal government must take decisive action, using every tool at its disposal to resolve this dispute and limit the damage caused by this disruption.

“We simply cannot afford to once again put Canadian businesses at risk, which in turn puts Canadian livelihoods at risk.”

In the meantime, the union says it has filed a complaint to the Canada Industrial Relations Board against the employers, alleging the association threatened to pull existing conditions out of the last contract in direct contact with its members.

“The BCMEA is trying to undermine the union by attempting to turn members against its democratically elected leadership and bargaining committee — despite the fact that the BCMEA knows full well we received a 96 per cent mandate to take job action if needed,” union president Frank Morena said in a statement.

The employers have responded by calling the complaint “another meritless claim,” adding the final offer to the union that includes a 19.2 per cent wage increase over a four-year term remains on the table.

“The final offer has been on the table for over a week and represents a fair and balanced proposal for employees, and if accepted would end this dispute,” the employers’ statement says. “The offer does not require any concessions from the union.”

The union says the offer does not address the key issue of staffing requirement at the terminals as the port introduces more automation to cargo loading and unloading, which could potentially require fewer workers to operate than older systems.

The Port of Vancouver is the largest in Canada and has seen a number of labour disruptions, including two instances involving the rail and grain storage sectors earlier this year.

A 13-day strike by another group of workers at the port last year resulted in the disruption of a significant amount of shipping and trade.

This report by The Canadian Press was first published Nov. 9, 2024.

The Canadian Press. All rights reserved.



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The Royal Canadian Legion turns to Amazon for annual poppy campaign boost

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The Royal Canadian Legion says a new partnership with e-commerce giant Amazon is helping boost its veterans’ fund, and will hopefully expand its donor base in the digital world.

Since the Oct. 25 launch of its Amazon.ca storefront, the legion says it has received nearly 10,000 orders for poppies.

Online shoppers can order lapel poppies on Amazon in exchange for donations or buy items such as “We Remember” lawn signs, Remembrance Day pins and other accessories, with all proceeds going to the legion’s Poppy Trust Fund for Canadian veterans and their families.

Nujma Bond, the legion’s national spokesperson, said the organization sees this move as keeping up with modern purchasing habits.

“As the world around us evolves we have been looking at different ways to distribute poppies and to make it easier for people to access them,” she said in an interview.

“This is definitely a way to reach a wider number of Canadians of all ages. And certainly younger Canadians are much more active on the web, on social media in general, so we’re also engaging in that way.”

Al Plume, a member of a legion branch in Trenton, Ont., said the online store can also help with outreach to veterans who are far from home.

“For veterans that are overseas and are away, (or) can’t get to a store they can order them online, it’s Amazon.” Plume said.

Plume spent 35 years in the military with the Royal Engineers, and retired eight years ago. He said making sure veterans are looked after is his passion.

“I’ve seen the struggles that our veterans have had with Veterans Affairs … and that’s why I got involved, with making sure that the people get to them and help the veterans with their paperwork.”

But the message about the Amazon storefront didn’t appear to reach all of the legion’s locations, with volunteers at Branch 179 on Vancouver’s Commercial Drive saying they hadn’t heard about the online push.

Holly Paddon, the branch’s poppy campaign co-ordinator and bartender, said the Amazon partnership never came up in meetings with other legion volunteers and officials.

“I work at the legion, I work with the Vancouver poppy office and I go to the meetings for the Vancouver poppy campaign — which includes all the legions in Vancouver — and not once has this been mentioned,” she said.

Paddon said the initiative is a great idea, but she would like to have known more about it.

The legion also sells a larger collection of items at poppystore.ca.

This report by The Canadian Press was first published Nov. 9, 2024.

The Canadian Press. All rights reserved.



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