Canada column for
Sunday, Nov. 25/18
THE CANADIAN REPORT
(c) By Jim Fox
The Canadian
government is working to deliver an end to rotating strikes by postal workers
that has backlogged millions of letters and parcels.
Debate is ongoing this
weekend as the Liberal government prepares legislation ordering and end to the
strike early in the week.
UPDATE: Canada's Senate has approved the back-to-work bill and the rotating strikes are to end at noon on Tuesday (Nov. 27).
Negotiations over
the past year failed to find a settlement between Canada Post and the 50,000
members of the Canadian Union of Postal Workers on pay and work conditions.
Labor Minister
Patty Hajdu has encouraged both sides to continue bargaining to “still pull a
deal off.”
Calling mail
delivery an “essential service,” Hajdu said small businesses relying on the
postal service to deliver their products over the busy Christmas season could go
bankrupt if the situation isn’t remedied quickly.
The union is
calling back-to-work legislation unconstitutional and threatens to challenge it
in court.
Canada Post said it
could take into January to clear the backlog of mail during almost five weeks
of rotating strikes.
---
Montreal-based Bombardier
Inc. is cutting about 5,100 jobs world-wide and selling off some of its divisions.
It’s part of chief
executive Alain Bellemare’s five-year plan to cut costs and focus on rail and
business jets.
In reducing the
net long-term debt of $9 billion, the company will let go 2,500 workers in
Quebec, 600 in Ontario and 2,000 overseas.
Bombardier is also
selling its Q400 turboprop aircraft division and flight training business.
In the past three
years, the company has laid off 14,500 workers in its aerospace and railway
divisions.
---
News in brief:
- St. Michael’s
College School, an elite all-boys Roman Catholic private institution in Toronto,
has been rocked by allegations of sexual assaults by students in hazing
incidents. Six students have been arrested after police learned of videos of
incidents. This led to the resignations of principal Greg Reeves and school
president Father Jefferson Thompson.
- The federal
government is studying the issue of “birth tourism” as the numbers are growing of
babies born in Canada to foreign residents. Statistics indicate 3,200 babies
were born to women who weren’t Canadian residents in 2016. The Liberal
government is defending the law that gives citizenship to anyone born on
Canadian soil except for children of foreign diplomats. Liberal politician Joe
Peschisolido wants stronger measures to end birth tourism, saying it abuses the
social welfare system.
---
Facts and figures:
Canada’s dollar has
dropped to 75.54 cents U.S. while the U.S. dollar returns $1.323 Canadian before
bank exchange fees.
The Bank of Canada’s
key interest rate is steady at 1.75 percent while the prime-lending rate is 3.95
percent.
Stock markets are lower, with the Toronto
exchange index at 15,010 points while the TSX Venture index is 602 points.
The average price for gas in Canada is lower at
$1.11 a liter or $4.21 (Canadian) for a U.S. gallon.
Lotto 6/49: (Nov. 21) 2, 10, 13, 25, 40 and 42; bonus 38.
(Nov. 17) 5, 17, 18, 34, 44 and 45; bonus 27. Lotto Max: (Nov. 16) 11, 17,
24, 34, 41, 42 and 48; bonus 21.
---
Regional briefs:
- Alberta Premier
Rachel Notley says an oil price gap is costing the Canadian economy $80 million
a day over a lack of pipeline capacity to move a glut of oil to world markets.
Protesters confronted Prime Minister Justin Trudeau in Calgary as he said the
crisis has the province’s oil selling for $45 a barrel, much less than the
world price. The government is doing everything it can to build pipelines to
move the oil, he said.
- Rookie Liberal
Member of Parliament Raj Grewal has resigned over a gambling addiction. The
politician from Brampton East in Ontario is seeking treatment for his addiction
that has led him to rack up “significant personal debts.” Grewal said his
resignation, supported by Prime Minister Trudeau, is for “personal and medical
reasons” and was made with “great difficulty and real sadness.
-30-
Jim Fox can be reached at canadareport@hotmail.com
No comments:
Post a Comment