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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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Maximizing Retirement Savings: The RRSP to RRIF Transition

 


As retirement approaches, a key financial decision for Canadians is whether to maximize contributions to a Registered Retirement Savings Plan (RRSP) before converting it into a Registered Retirement Income Fund (RRIF). Here are the essential considerations:

  • Timing and Tax Benefits: Contributing to your RRSP can provide immediate tax deductions and allow your investments to grow tax-deferred. However, it’s crucial to evaluate whether these tax benefits align with your retirement timeline and income needs.

  • Conversion Deadline: You must convert your RRSP to a RRIF by December 31 of the year you turn 71. This transition is mandatory and marks the shift from accumulating savings to withdrawing income.

  • Withdrawal Strategies: RRIFs require minimum annual withdrawals, which increase with age. Deciding whether to withdraw only the minimum or more depends on your income needs and tax implications.

  • Long-term Financial Planning: Consider your overall retirement strategy, including other income sources like pensions and government benefits. A financial advisor can help tailor your RRSP contributions and RRIF withdrawals to your unique situation.

In conclusion, maximizing your RRSP before conversion can be advantageous, but it should be part of a broader retirement planning process that takes into account your financial goals and tax situation.

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