Skip to main content

Featured

WestJet's Strike Deadline Is Hours Away — Here's What You're Owed (and What You're Not)

  August 1, 2026 Thousands of flights are already being cancelled ahead of a possible strike this long weekend. Before you panic-book a new flight or file an insurance claim, here's what Canada's passenger rights rules actually cover — and the one detail almost nobody is explaining correctly. Where things stand this morning WestJet's roughly 4,000-plus flight attendants, represented by CUPE 8125, issued a 72-hour strike notice Thursday; WestJet answered with its own 72-hour lockout notice. Unless a deal is reached, a strike or lockout could begin as early as 12:01 a.m. Mountain time Sunday, Aug. 2. The airline has already started an "organized take-down" of its network, cancelling roughly 80 flights scheduled for today (Aug. 1) alone, with more cancellations expected as the deadline nears. Talks are still ongoing, and federal Labour Minister Steven MacKinnon has said negotiations are "progressing." The rights nuance almost no one is explaining correctly ...

article

S&P 500 and Nasdaq Futures Steady Near Record Highs

US stock futures are holding near record-high levels as Wall Street remains bullish. Here are the key highlights:

  1. Tech-Fueled Rally Continues:

    • The S&P 500 and Nasdaq have been on a tear, driven by a tech-fueled rally.
    • Evercore ISI raised its year-end price target for the S&P 500 to 6,000, while Goldman Sachs increased its target to 5,600.
    • Last week, the S&P 500 crossed the 5,400 level for the first time.
  2. Market Catalysts:

    • After last week’s double dose of inflation reports and the Federal Reserve meeting, fewer catalysts are expected this week.
    • Wednesday’s retail sales report will provide insight into the health of the US consumer.
    • Fed policymakers may continue discussing rate cuts; Minneapolis Fed President Neel Kashkari hinted at a possible December rate cut.
  3. Nasdaq’s “Perfect” Week:

    • The Nasdaq Composite achieved a fifth-straight record close last Friday.
    • Futures tied to the Nasdaq gained around 0.1%.
  4. Dow Jones Industrial Average:

    • Dow futures lost about 0.2%.

In summary, Wall Street remains optimistic, but investors are closely watching economic data and Fed decisions. Stay tuned for further updates!


Comments