Skip to main content

Featured

5 Things to Know Today: Inflation Data, a Tariff Countdown, and a Big Energy Deal

  August 17, 2026 Inflation data lands this morning, the clock on the U.S. tariff deadline is down to two days, and a long-running provincial energy dispute is about to be settled. Here's what's moving your money today. 1. Today's Inflation Report Could Set the Tone for September Statistics Canada releases July's Consumer Price Index this morning. Economists are expecting the annual rate to tick up to roughly 2.9%, from 2.8% in June, mainly because gasoline prices swung higher again in July after the Middle East conflict pushed oil prices back up. Core inflation measures, which the Bank of Canada watches most closely, aren't expected to move much. What it means for you: A hotter-than-expected print would make it less likely the Bank of Canada cuts rates at its September 2 meeting, which matters if you're renewing a variable-rate mortgage or carrying a line of credit. A softer number keeps a cut on the table. 2. The Tariff Deadline Is Two Days Away, and Talks Are...
Post a Comment
Read more

article

Labels

Postal Workers Union Files Unfair Labour Practice Complaint Over Canada Post Layoffs

 

The Canadian Union of Postal Workers (CUPW) has filed an unfair labour practice complaint with the Canada Industrial Relations Board over the recent layoffs of striking employees by Canada Post. The union claims that the layoffs, which have occurred as the strike by over 55,000 workers approaches the two-week mark, are an "intimidation tactic" that violates the Canada Labour Code.

Canada Post has stated that the layoffs are temporary and necessary due to the significant impact of the strike on its operations. However, the union argues that this move is an attempt to undermine the strike and pressure workers into returning to work.

CUPW National Grievance Officer Carl Girouard stated, "These layoffs are a clear violation of the labour code and an attempt to intimidate our members. We are confident that the Canada Industrial Relations Board will see through this tactic and rule in our favour."

Canada Post spokeswoman Lisa Liu responded, "We have received the complaint and are reviewing it. We deny any violation of the labour code and maintain that the layoffs are temporary and necessary."

The strike, which began over wages and working conditions, has now reached a critical point with both sides urging for a resolution. The federal government has also stepped in, urging both parties to return to the negotiating table with a greater sense of urgency.

The outcome of this complaint could have significant implications for the ongoing labour dispute and the future of Canada Post's operations.




Labels:

Comments

Post a Comment