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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 ...

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Market Optimism Grows Amid Tariff Relief and Earnings Reports

U.S. stock futures showed a modest rise in premarket trading as optimism grew over potential tariff relief in the automotive sector. The Trump administration signaled plans to ease tariffs on foreign auto parts, a move expected to alleviate pressure on domestic manufacturers and reduce trade tensions. This development has sparked hope among investors, contributing to the positive market sentiment.

Key earnings reports from major companies, including Coca-Cola and Spotify, are also in focus. While Coca-Cola surprised investors with better-than-expected earnings, Spotify's mixed results and cautious guidance led to a dip in its stock price. Additionally, General Motors delayed its earnings call to reflect potential tariff changes, adding to the anticipation.

Investors are closely monitoring economic data, including consumer confidence and job openings, as well as upcoming reports on GDP and nonfarm payrolls later in the week. With Big Tech giants like Apple, Amazon, and Microsoft set to release their quarterly results, the market is bracing for a busy and potentially pivotal week.

The S&P 500, Dow Jones Industrial Average, and Nasdaq futures all edged higher, reflecting cautious optimism as traders await further clarity on trade policies and corporate performance.

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