Skip to main content

Featured

Bank of Canada Rate Decision Tomorrow: What Every Canadian Needs to Know Before June 10

Current Rate 2.25% Held since Oct 2025 Expected Decision HOLD 34/34 economists Announcement 9:45 AM Wed, June 10 (ET) Prime Rate 4.45% Most major lenders On Wednesday morning, June 10, the Bank of Canada will announce its interest rate decision at 9:45 AM ET — and for Canadians with a mortgage, a variable-rate loan, or a renewal coming up, the decision is just two days away. Governor Tiff Macklem will follow with a press conference at 10:30 AM. The short answer: expect no change. But the full picture is considerably more complicated — and the Bank's tone tomorrow could signal whether rate hikes are quietly creeping back onto the table. The Consensus: A Hold, Full Stop The economist community is remarkably united heading into this decision. In a Reuters poll conducted June 2–5, all 34 economists surveyed predicted the Bank would leave its overnight rate at 2.25%. More than 80% said it would stay there for the rest of 2026. "Under normal circumstances, today's sagging econom...
Post a Comment
Read more

article

Labels

Flight Crew Pushes Back: Air Canada Strike Highlights Unpaid Labor Dispute

 


In a growing labor dispute, Air Canada flight attendants have taken strike action to protest what they describe as systemic unpaid work in their roles. Union representatives say that significant portions of their duties — including pre-boarding preparations, safety checks, and passenger assistance during boarding and deplaning — are completed off the clock, with no compensation.

The strike has disrupted flights across several routes, drawing attention to the long-standing industry-wide issue of “hidden hours” in aviation. Flight attendants argue these uncompensated tasks directly impact their livelihoods and call for contract changes to ensure fair pay for all time worked.

Air Canada has stated that it values its flight crews and remains committed to constructive negotiations. However, with talks at an impasse, both sides appear prepared for a prolonged standoff — one that could reshape how airlines account for and reward the full scope of a crew member’s workday.


Labels:

Comments

Post a Comment