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CanadaNewsMedia news September 6, 2024: StatCan to release August jobs report today

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Here is a roundup of stories from Canadanewsmedia designed to bring you up to speed…

Statistics Canada to release August jobs report today amid labour market slowdown

Statistics Canada is set to release its August labour force survey this morning. Economists polled by Reuters are forecasting employers added 25,000 jobs and the unemployment rate rose to 6.5 per cent in the month, according to LSEG Data & Analytics. Canada’s jobless rate has been rising for the last year and a half as high interest rates slow economic activity. The Bank of Canada cut its key interest rate for the third time in a row on Wednesday and signalled more rate cuts are on the way, so long as inflation continues to cool.

Ont cuts funds for daycares not in $10/day program

Ontario child-care centres that aren’t participating in the national $10-a-day program will soon lose provincial funding to offer fee subsidies to lower-income families and their staff could see a pay cut of $2 an hour. Families who already get fee subsidies for child care will continue to benefit until their child ages out or leaves their provider, but any new families won’t be able to access subsidies for kids aged five and under in centres outside the $10-a-day system. That money will instead go into funding the 10-dollar-a-day program, which the government says is “to ensure the success of that system.”

Here’s what else we’re watching…

Get 2nd mpox vaccine shot: public health agencies

Public health agencies are encouraging people who received the first dose of the mpox vaccine to make sure they get a second dose. Canada’s chief public health officer, Dr. Theresa Tam, says many people at risk of mpox exposure got vaccinated in 2022, when an outbreak was declared in Canada. But she says a lot of those people never got a second dose and should get one to ensure they have maximum protection against the virus. The World Health Organization declared mpox a public health emergency of international concern on August 14th.

CPA Canada hopeful exam deal to come

Four months from an unprecedented split between the regulators of accountants in Ontario and Quebec and their national counterpart, CPA Canada is pitching a new, separate membership to accountants in the departing provinces. CPA Canada said provincial members in those jurisdictions can remain national members for $195 a year. Last year, the national body announced CPA Ontario and the Quebec C-P-A Order were splitting with the national organization over governance disagreements in a move that takes effect in December. The news raised questions about the future role of the national organization for accountants in the two provinces.

Former police chief paid $430K after retirement

Public documents show the former chief of a beleaguered Saskatchewan police service was paid about 429,000 dollars after he retired. The documents show Jonathan Bergen’s pay last year was double the 200,000 dollars he earned in 2022 while chief of police in Prince Albert, north of Saskatoon. Bergen had retired from the force in May 2023, on the same day a Public Complaints Commission report found two officers neglected their duty in the hours before the death of a toddler. The report found the officers, responding to a domestic violence call in 2022, didn’t check on the well-being of 13-month-old Tanner Brass and left him in danger with his father.

Judge to give verdict in jail guard trial

A Manitoba judge is expected to deliver his verdict today in the case of a senior corrections officer charged in the death of an inmate. Robert Jeffrey Morden has pleaded not guilty to criminal negligence causing death and failing to provide the necessities of life for 45-year-old William Ahmo of Sagkeeng Anicinabe Nation. Video evidence presented at the trial shows tactical officers taking the inmate to the ground, putting him in shackles, placing a spit hood over his head and sitting him in a restraint chair before he becomes unresponsive. Court heard he died from a brain injury stemming from cardiac arrest.

This report by The Canadian Press was first published Sept. 6, 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.

The Canadian Press. All rights reserved.



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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.

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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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