Skip to main content

Featured

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...

article

Chinese Stocks Plummet Amid Stimulus Concerns

 

Chinese stocks experienced a significant downturn today, with the Shanghai Composite Index plummeting by 6.6%. This sharp decline comes as investors express growing anxiety over the lack of substantial economic stimulus from Beijing.

The market’s reaction follows recent rallies driven by hopes for major economic interventions. However, the latest announcements from Chinese officials have failed to meet these expectations, leading to widespread sell-offs. The CSI300 Index, which tracks the top 300 stocks in the Shanghai and Shenzhen markets, also saw a substantial drop of 5.6%.

Hong Kong’s Hang Seng Index was not spared, falling by 1.5% as investors moved to lock in profits after recent gains. The lack of new, impactful fiscal policies has left many market participants disappointed, contributing to the overall negative sentiment.

Analysts suggest that the market’s response is a clear signal of diminishing confidence in half-hearted promises and a demand for more decisive economic measures. As the situation unfolds, global investors will be closely watching for any further developments from Beijing.



Comments