Skip to main content

Featured

Judge Halts Retailer’s Bid for Former Hudson’s Bay Space at Yorkdale

Judge blocks department store from moving into former HBC space at Yorkdale mall. A proposed plan to open a new retailer in the former Hudson’s Bay space at Yorkdale Shopping Centre has been stopped by an Ontario judge. The decision blocks a deal that would have transferred the large anchor location to a discount-focused department store operator. The court found that the arrangement did not meet the standards required for such a major tenancy change, supporting Yorkdale’s position that the retailer was not an appropriate fit for the mall’s upscale environment. The ruling ends months of dispute over the future of the vacant three-level space and underscores the challenges malls face as they try to repurpose former department store footprints. Yorkdale, known for its luxury brands and high-end positioning, is now expected to pursue alternatives that better align with its long‑term strategy.
Post a Comment
Read more

article

Labels

GM's Oshawa Plant to Reduce Shifts Amid U.S. Tariff Concerns


General Motors is set to scale back operations at its Oshawa Assembly Plant this fall, moving from a three-shift system to two shifts. The decision, according to Unifor, the union representing workers, is a direct response to U.S. tariffs imposed on Canadian-built vehicles.

Unifor National President Lana Payne criticized the move, calling it "reckless" and warning that it could have widespread consequences for the auto parts supplier network. The union has urged GM to reconsider its decision, arguing that Canadian jobs should not be sacrificed for political favor.

The shift reduction follows the U.S. government's imposition of a 25% tariff on Canadian-made vehicles in March, a policy that has significantly impacted the Canadian auto industry. GM has stated that it plans to recalibrate the Oshawa plant to focus more on Canadian sales rather than exports to the U.S..

With thousands of jobs potentially affected, Unifor is calling on the Canadian government to take swift action to protect domestic auto manufacturing. The union has also demanded that GM uphold its commitments to Canadian workers and production.

The Oshawa plant, which assembles Chevrolet Silverado trucks, was reopened after significant investments from federal and provincial governments. Now, with the looming shift cuts, workers and industry leaders alike are watching closely to see how GM and policymakers respond.

Labels:

Comments

Post a Comment