Canada
By Nia Williams and David Ljunggren (Reuters) -The Canadian government released draft regulations on Monday that would cap emissions of greenhouse gases from the oil and gas sector at 35% below 2019 levels by 2030, drawing condemnation from the industry that said it will force a production cut. Oil and…
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar continues to ride higher on the back of an anxious pre-election climb in U.S. Treasury yields, notching its best levels in almost three months against the euro and yen on starkly contrasting economic and…
By Gnaneshwar Rajan (Reuters) -Air Canada said early on Sunday it had reached a tentative agreement with its pilots union over a new four-year collective agreement, in a last-minute deal that will avert a near-term strike or lockout. Before the tentative agreement was reached, Canada’s largest airline had been preparing…
By Rajesh Kumar Singh (Reuters) -A standoff between Air Canada and its pilots over a new labor contract escalated on Thursday, as the airline took the unusual step of saying Ottawa should be ready to intervene to head off a strike. The pilots’ union warned the federal government against such…
By David Ljunggren and Rajesh Kumar Singh OTTAWA (Reuters) -Around 100 business groups on Wednesday urged Canada’s government to prevent a strike by Air Canada pilots, saying a stoppage would disrupt supply chains and spoil the country’s reputation as a reliable trading partner. Canada’s largest airline said on Monday it…
Ron Allanach, 74, and his partner Ben Lorgeranon moved to Vancouver from New England in 2005, thinking they would stay there for their retirements. However, the city’s rising prices and their desire to explore the world pushed them much further south.After a year abroad, the couple purchased a home in…
By Allison Lampert, David Ljunggren and Rajesh Kumar Singh (Reuters) – Canada is reluctant to force Air Canada’s pilots back to work if they go on strike, a government source told Reuters this week, even though Ottawa took that step to end a work stoppage at the country’s two railroads…
By David Lawder WASHINGTON (Reuters) -The U.S. has requested trade dispute settlement consultations with Canada over its new digital services tax, the Biden administration said on Friday, adding that the “discriminatory” tax appears inconsistent with Canada’s North American trade deal obligations. The U.S. Trade Representative’s office said in a statement…
By David Ljunggren and Anna Mehler Paperny OTTAWA (Reuters) -The union representing workers at Canada’s two main rail companies said on Friday it had filed court challenges against rulings by the country’s industrial labor board that forced them back to work. On Saturday, the board accepted a request from the…
By David Ljunggren OTTAWA (Reuters) – Before Canada said this week it was imposing a 100% duty on Chinese-made electric vehicles, Tesla (NASDAQ:) approached Ottawa and asked for a lower tariff on its autos, a Canadian government source said on Wednesday. Canada, following the lead of the United States, said…