By Commodity News Service Canada
WINNIPEG, May 28, 2018 (CNS) – The following is a glance at
the news moving markets in Canada and globally.
More than 3,000 Canadian Pacific Railway train
conductors and engineers could strike as early as 10 p.m.
EDT on Tuesday if a negotiated settlement isn’t reached.
The workers represented by Teamsters Canada and the
International Brotherhood of Electrical Workers voted 98.1
per cent to reject the company’s final offer on Friday.
Corus Entertainment Inc. announced Monday that the
French-language speciality channels Historia and Series+ to
Bell Media Inc. When the companies announced the sale in
October 2017, they valued the transaction at about C$200
million. Corus said the companies are reviewing the
WestJet Airlines pilots who fly for the company’s new
budget carrier Swoop will now be unionized, a key
concession which resolves the main obstacle in a labour
dispute with the airline. On Friday night, WestJet and its
pilots averted a possible strike by approving a settlement
process to reach a first contract. Pilots who fly for Swoop
will now be covered under the same contracts as their
WestJet mainline counterparts.