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Iran–U.S. Negotiations & Shipping Disruptions: What It Means for Your Wallet

  🔴 Breaking — This Morning President Trump posted on social media Saturday that a peace deal with Iran is "largely negotiated" and will be announced shortly. The Washington Post reports (May 25, 2026) that the U.S. and Iran are actively working toward a framework deal that would extend the ceasefire and reopen the Strait of Hormuz. Oil prices have already reacted — Brent crude fell more than 5% to around $98 a barrel on the news. After nearly three months of conflict, spiralling energy prices, and stalled talks, there is cautious optimism today that a diplomatic breakthrough between the United States and Iran could be imminent. But what exactly is being negotiated — and what does it actually mean for Canadians and consumers at the gas pump, the grocery store, and beyond? Here is everything you need to know, updated with today's latest developments. $4.51 U.S. avg. gas price/gallon — up 51% since the war began -5.2% Brent crude drop today on deal optimism (to ~$98/barre...
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Postal Workers’ Union Loses Legal Battle Over Back-to-Work Order

Canada Post workers are pictured on strike at the Canada Post processing centre in Richmond, B.C., on Sept. 26, 2025.

The Canada Industrial Relations Board (CIRB) has dismissed a constitutional challenge brought forward by the Canadian Union of Postal Workers (CUPW) against a government back-to-work order.

The dispute stems from December 2024, when the federal labour minister invoked Section 107 of the Canada Labour Code to end a nationwide postal strike and direct the CIRB to oversee arbitration. CUPW argued that the order violated workers’ constitutional right to strike.

In its ruling, the CIRB acknowledged that the right to strike is “essential” but emphasized it is “not absolute.” The board concluded that the government acted within its authority to protect the public interest. One member of the three-person panel dissented, siding with the union’s position.

CUPW has also filed for judicial review in federal court, where the matter remains unresolved. In the meantime, Canada Post operations continue under the imposed arbitration framework, while the union vows to keep pressing for improved working conditions and collective bargaining rights.


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