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Union says about 2,200 GO Transit workers to strike Monday morning after failing to reach a deal

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Commuters across much of southern Ontario may find themselves scrambling for alternative means of transport after the union representing 2,200 GO Transit employees announced members would be walking off the job as of Monday morning.

The Amalgamated Transit Union (ATU) Local 1587 issued a statement on Sunday saying it was unable to secure a new contract with Metrolinx, the operator of the regional transport service covering much of the Greater Toronto and Golden Horseshoe areas.

The strike, which will involve bus operators, station attendants and other employees, is set to get underway at 12:01 a.m. on Monday. Metrolinx has previously indicated that bus service will be suspended if a strike takes place, though trains will remain in service.

ATU Local 1587 president Rob Cormier said bargaining talks broke down over safety concerns related to hiring contract workers from outside companies.

“Negotiations have failed because Metrolinx failed to come to the table with a reasonable offer to address any of our key issues,” he said in the union statement.

“Protections against contracting out are imperative to ensure that experienced workers are on the job running GO Transit safely and efficiently. Without these protections, Metrolinx can contract to outside companies which will hire inexperienced workers in precarious, non-union positions.”

Cormier confirmed to CBC News that the union had walked away from the bargaining table on Sunday.

Commuters urged to plan ahead, prepare for longer trips

Metrolinx issued a statement saying the union walked away from weekend negotiations and declined a request to return to the table on Monday.

Anne Marie Aikins, the company’s head of media and public relations, said the transit operator had been optimistic it could ink a new deal after proposing dozens of “enhancements” to the collective bargaining agreement.

Aikins acknowledged ATU’s concerns about contracting outside workers, but maintained the company has measures in place to ensure safety for all.

“For 22 years, we have had language in the agreement that protects the employment security of our ATU employees,” she said in a statement.

“This long-standing protection will continue to protect existing staff as well as new hires joining Metrolinx.”

Aikins encouraged customers to plan ahead, prepare extra time for commutes and stay informed on strike developments through GO Transit’s website and social media accounts.

ATU has said negotiations with Metrolinx began in April and members have been working without a contract since June 1.

It said 81 per cent of members voted against a contract offer put forward by Metrolinx, a move Aikins has previously described as disappointing. She said Sunday the company remained “open to discussing ways forward” with the union.

The GO Transit strike comes three days after thousands of Ontario education workers represented by the Canadian Union of Public Employees walked off the job indefinitely. ATU has said it supports those workers.

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TC Energy launches South Bow Corp. as independent crude oil pipeline business

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CALGARY – TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company.

The new company, which will be headquartered in Calgary with an office in Houston, will be led by Bevin Wirzba, formerly the executive vice-president for TC Energy’s natural gas and liquids pipelines business.

South Bow will run TC Energy’s crude oil pipelines business, including the critical Keystone pipeline system.

The move is the result of a strategic review in which the Calgary-based TC considered its options including the potential sale of the oil pipelines business.

Spinning off the oil pipelines business, which has long-term committed contracts with oil shippers, will give South Bow the chance to use its robust cash flows to pay down debt and enhance shareholder returns, while TC Energy will become a growth-oriented company focused on natural gas.

TC Energy — which has natural gas transportation infrastructure in Canada, the U.S., and Mexico — is bullish on the future of the commodity, in particular the potential for growth spurred by demand for liquefied natural gas (LNG).

TC Energy also has plans to look at new, low-carbon energy opportunities such as nuclear and pumped hydro energy storage.

The company has been under scrutiny by analysts and credit ratings for its significant debt load as well as for cost overruns on the Coastal GasLink pipeline project, which was completed in the fall of 2023.

TC Energy shareholders voted in favour of the spinoff of the crude pipelines business in a vote in June.

South Bow common shares were distributed Tuesday to TC Energy shareholders of record on Sept. 25. Shareholders received one South Bow common share for every five TC Energy common shares owned.

South Bow’s common shares are expected to start trading on the Toronto Stock Exchange on Wednesday under the ticker symbol SOBO. Trading on the New York Stock Exchange is expected to start on or about Oct. 8.

This report by The Canadian Press was first published Oct. 1, 2024.

Companies in this story: (TSX:TRP, TSX:SOBO)

The Canadian Press. All rights reserved.

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Image Is Everything; Hence, Your LinkedIn Banner’s Importance

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Why do I keep seeing LinkedIn profiles with an empty banner and/or no profile picture? Are these people oblivious to the importance of a first impression, or do they just not care?

You, I, and everyone judge; hence, we live in a judgemental society. Your image, which shapes how people view you, is everything.

You can’t claim to be a serious job seeker if you’re not taking advantage of LinkedIn’s visual opportunities to optimize your profile to make a strong impression. When it comes to social media content, visuals are scrolling-stoppers. Aside from your profile picture, your LinkedIn banner is the first visual people see.

View your LinkedIn banner as a billboard strategically placed at street level, which you can use to capture the attention of passersby who may have a potential opportunity. (In a previous column, I wrote that opportunities exist all around you; the caveat is they’re attached to people.) Advertisers spend a great deal of money to have billboards with a captivating visual and compelling message, making the point that billboard advertising is a good investment for driving traffic to their offerings. Your LinkedIn banner—your billboard—is free, so why not use it to market yourself to employers?

If your LinkedIn banner is currently blank, hopefully, you’re now convinced that leaving it blank is likely costing you job search and career opportunities, and you no longer want to leave it blank. Here are instructions on how to create a LinkedIn banner using Canva, a user-friendly graphic design tool that offers various customization options.

 

Step 1: Create a Canva account

 

Canva offers both free and paid plans. Their free plan is more than adequate to design your LinkedIn banner. Go to Canva’s website and sign up using your email address or social media account.

 

Step 2: Choose the LinkedIn banner template

 

In the Canva dashboard, type in ‘LinkedIn Background Photo’ in the search bar at the top to find a LinkedIn banner template. Canva offers a variety of pre-made templates—as I write this, there are 7,203 LinkedIn banner templates (Canva Pro)—that are optimally sized for LinkedIn, which is 1584 x 396 pixels. Alternatively, you can use Canva to create your LinkedIn banner from scratch.

 

Step 3: Customize the template

 

Here’s where the fun begins; experimenting with all the templates and conveying your message to employers. Canva provides an interface that allows you to customize your banner template in multiple ways.

 

  • Edit text: Click on the text elements in the template to change them. You can modify the text, fonts, colours, and sizes to match your personal brand or professional style. Ensure that the text is concise, relevant, and legible.
  • Add elements: Shapes, lines, icons, illustrations, and other design elements, which Canva offer a wide variety of, can be included in your banner. When used strategically, these will make your banner more visually appealing and emphasize specific aspects of your personal or professional brand.
  • Upload your own images: Nothing will personalize your LinkedIn banner more than incorporating your own images, such as a picture of you in your work environment or enjoying your hobby, a logo or any other relevant images, into your banner.
  • Change the background: You can change your banner’s background to reflect your profession, industry and personality. Canva offers a multitude of colours, gradients, and images, allowing you to create an eye-catching, scroll-stoping background.

 

If you’re actively job searching, consider adding your contact information and, at the risk of adding fuel to the ongoing LinkedIn’s #OPENTOWORK green banner feature, announcing you’re looking for your next opportunity or available ‘for hire.’

 

Step 4: Maintain consistency

 

When designing your LinkedIn banner, ensure it aligns with your personal brand and harmonizes with your profile picture. Consistency in design and branding is critical to creating a strong professional image on a social media platform. It’s important to avoid having your profile picture’s colour conflicting with those in your banner and vice versa.

 

Step 5: Review and adjust

 

Before finalizing your LinkedIn banner, take a moment to review your design. Check for any typos, ensure the banner is eye-catching, and convey the message you want to send to your LinkedIn network and hiring managers. Your banner should show your intention and indicate that you’ve taken a thoughtful and strategic approach to your profile.

 

Step 6: Download your new LinkedIn banner

 

Once you’re satisfied with your banner, click the download button in the upper-right corner of Canva’s interface. You’ll be prompted to choose the file format; select PNG for the best image quality. Once downloaded, your banner can be uploaded to your LinkedIn profile.

Similar to how advertisers run campaigns for a period of time, updating your LinkedIn banner every quarter is an effective way to get noticed. Aside from updating your banner to reflect different aspects of your abilities, you may also want to consider updating your banner image to reflect a relevant seasonal or holiday theme—autumn, Thanksgiving, Christmas or whatever holidays you celebrate. A visually compelling banner isn’t just an accessory; it’s a powerful tool in your job search arsenal, especially since, more than ever, image is everything.

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Nick Kossovan, a well-seasoned veteran of the corporate landscape, offers “unsweetened” job search advice. You can send Nick your questions to artoffindingwork@gmail.com.

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TD Bank to pay more than US$28M in settlement for market manipulation

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TORONTO – TD Bank Group has agreed to pay more than US$28 million after an investigation into manipulation of the U.S. Treasuries market by one of its traders.

The deferred prosecution agreement with the U.S. Department of Justice has TD agreeing that a former employee created a false appearance of supply or demand in the market by placing bids or offers, only to cancel them before completion.

The agreement says hundreds of so-called spoof orders were placed, amounting to tens of billions of dollars of false supply and demand, in an effort to artificially increase the market prices of those products.

The resolution comes as TD is also soon expected to settle a sweeping investigation into shortcomings of its anti-money laundering program that the bank expects will cost it more than US$3 billion.

The agreement on the spoofing case has TD paying about US$12.6 million in civil penalties. It also faces US$9.4 million in criminal penalties, which court documents say is the statutory maximum, plus US$4.7 million in victim compensation and US$1.4 million in forfeiture.

TD says it takes regulatory and employee conduct violations very seriously, and that it reported the employee and fired him and has since enhanced its monitoring and compliance capabilities.

This report by The Canadian Press was first published Sept. 30, 2024.

Companies in this story: (TSX:TD)

The Canadian Press. All rights reserved.

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