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WestJet Flight Attendants Are on Strike — Here's What You're Owed Right Now

  Published August 2, 2026 It's no longer a countdown. WestJet's 4,400 flight attendants walked off the job at 12:01 a.m. on Sunday after last-minute talks with the airline collapsed, grounding the majority of a carrier that normally runs about 600 flights a day. If you're one of the thousands of Canadians caught in it — or watching your Civic Holiday plans wobble from the sidelines — here's exactly what you're entitled to, and what you're not. The bottom line: WestJet mainline flights are suspended. WestJet Encore and codeshare partner flights are still operating. You're entitled to rebooking within 48 hours or a full refund — but not cash compensation, because a strike is treated as outside the airline's control. How we got here The Canadian Union of Public Employees Local 8125, which represents WestJet's cabin crew, issued a 72-hour strike notice on July 30. WestJet responded the same day with a 72-hour lockout notice, and both windows expired to...
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S&P 500 Inches Closer to Record High Amid Optimism About Fed’s Policy and Year-End Effect

 

The S&P 500 index closed just shy of a new record high on Thursday, with the broad index gaining 0.04%. The tech-heavy Nasdaq Composite fell 0.03%, while the Dow Jones Industrial Average rose 0.1%. Markets are ending 2023 on a hot streak, with all three indexes on pace for a ninth consecutive weekly gain. For the S&P 500, that would mark the longest streak since January 2004. The index is now within 0.3% of its all-time high, set in January 2022. With one trading session remaining in 2023, the S&P 500 is up 25%.

Investors are optimistic that the Federal Reserve can successfully cool inflation without inducing a major economic slowdown, which has powered the market’s recent advance. Now, some investors say the looming end of the calendar year is giving markets an extra boost. “Nobody who has caught this rally wants to incur a taxable event,” said Michael Green, chief strategist at Simplify Asset Management. “If nobody wants to sell, prices will push higher on low volume”.

The jobless claims data released by the Labor Department on Thursday indicated a gradual cooling of the economy. Initial jobless claims, considered a proxy for layoffs, were 218,000 in the week ending Dec. 23, slightly more than the 215,000 that economists expected.

Bond yields rose as prices fell, reflecting expectations of higher inflation and interest rates. The yield on the benchmark 10-year Treasury note rose to 3.849%, up from 3.7%.

Some investors are increasing their exposure to energy and industrial stocks, which could benefit from a strong economic recovery. Matt Dmytryszyn, chief investment officer at Telemus Capital, said his fund is boosting its position in shares of energy and industrial firms.


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