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WestJet Strike Countdown: What to Do If You're Flying This Long Weekend

  Published July 31, 2026  |  Canadian Money Brief If you've got a WestJet flight booked for this weekend, here's the situation in one line: a strike or a lockout could ground the airline's cabin crew as early as Saturday, August 1 at 11:59 p.m. Mountain Time / Sunday, August 2 at 12:01 a.m. MT — right at the start of the busy August long weekend. Nothing has happened yet. WestJet and the union representing its roughly 4,400 flight attendants, CUPE Local 8125, are both still at the table. But both sides have now filed the legal paperwork that makes a work stoppage possible within days, so this is the moment to actually check your booking rather than hope it sorts itself out. HOW WE GOT HERE Flight attendants voted 99.4% in favour of a strike mandate back on July 15. On July 30, the union issued a 72-hour strike notice over wages and unpaid ground work — CUPE says the average flight attendant does about 35 hours a month of unpaid boarding, security, and delay-related work...
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Anticipation and Reaction to Fed’s Rate Decision

 


As investors braced for the U.S. Federal Reserve’s decision, North American stock markets experienced a mixed close. The Fed maintained its key interest rate at 5.25%-5.50%, leaving the future of rate cuts uncertain. Despite this, the S&P 500 and Nasdaq dipped, while the Dow Jones and S&P/TSX Composite saw modest gains.

Fed Chair Jerome Powell’s press conference offered a glimmer of hope as he dismissed the likelihood of an immediate rate hike, causing a surge in market optimism. He acknowledged the persistent issue of inflation but expressed confidence in the progress towards the 2% target.

The labor market showed signs of normalization, with job openings at a three-year low2. Meanwhile, the earnings season is more than halfway through, with a majority of S&P 500 companies surpassing consensus expectations.

In the corporate landscape, AMD’s AI chip sales forecast led to a 9% drop in its shares, while Amazon’s AI-driven cloud growth pushed its stock up by 2.2%. Johnson & Johnson plans to proceed with a multi-billion-dollar lawsuit settlement, and Starbucks faced a significant sales forecast cut.

The energy sector took a hit due to falling oil prices and a potential Middle East ceasefire, while uranium miners saw a boost from a U.S. ban on Russian imports. Canadian manufacturing activity continued to contract, reflecting ongoing economic challenges.

In summary, the market’s response to the Fed’s decision was a complex interplay of anticipation, relief, and sector-specific movements, highlighting the intricate dynamics of financial markets.

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