By Commodity News Service Canada
WINNIPEG, May 22, 2018 (CNS) – The following is a glance at
the news moving markets in Canada and globally.
Albert Premier Rachel Notely has decided to skip the
Western premiers’ conference this week, as she plans to
stay in Alberta to complete a deal to secure the
construction of the Trans Mountain pipeline expansion
project. Both Notely and British Columbia Premier John
Horgon were scheduled to be in Yellowknife for the
conference. Notely and Horgon have made headlines lately
WestJet Airlines has announced it is confident that it
will reach an agreement with its pilots as negotiations
continue this week. The pilots have had the legal right
commence a strike since Saturday, but said they wouldn’t
disrupt travel plans over the Victoria Day long weekend.
Both sides have not said whether progress has been made,
but have said they are confident an agreement can be
According to documents published by the World Trade
Organization on Tuesday, both Russia and Japan, have warned
that they could retaliate against United States steel and
aluminum tariffs by imposing sanctions worth almost US$1
billion combined. Russia said the U.S. plan would add
US$538 million in duties to its annual exports, while Japan
has predicted the sum to be at US$440 million.