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Additional steel tariffs increasing pressure on Canadian producers

Additional steel tariffs increasing pressure on Canadian producers

CTV News05-06-2025
Additional steel tariffs increasing pressure on Canadian producers
CTV News' Kamail Karamali says Canadian steel producers have described Trump's additional tariffs as 'a crushing blow' to the industry.
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Syria's top diplomat, Israeli delegation meet as U.S. pushes for 'lasting stability'
Syria's top diplomat, Israeli delegation meet as U.S. pushes for 'lasting stability'

Toronto Sun

time23 minutes ago

  • Toronto Sun

Syria's top diplomat, Israeli delegation meet as U.S. pushes for 'lasting stability'

Published Aug 19, 2025 • 4 minute read This is a locator map for Syria with its capital, Damascus. Photo by AP Photo BEIRUT — Syria's foreign minister held a rare direct meeting with an Israeli delegation in Paris on Tuesday, talks that were brokered by the United States as part of a diplomatic push for Syria and Israel to normalize relations despite a recent surge in tensions between them. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Syria's state-run SANA news agency said Foreign Minister Asaad al-Shibani met with Israeli officials to discuss de-escalating tensions and restoring a 1974 ceasefire agreement — a deal that established a demilitarized separation zone between Israeli and Syrian forces and stationed a UN peacekeeping force to maintain calm. The statement gave no details on the outcome of the Paris meeting. But a senior Trump administration official, who was not authorized to comment publicly on the matter, confirmed the talks. 'The United States continues to support any efforts that will bring lasting stability and peace between Israel and its neighbours,' the official told The Associated Press, adding that the backing follows President Donald Trump's outlined 'vision of a prosperous Middle East' that includes a 'stable Syria at peace with itself and its neighbours — including Israel.' Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. 'We want to do everything we can to help achieve that.' Long road to normalization In the past, Syrian officials have acknowledged holding indirect talks with Israel to defuse tensions, but this was the first time they acknowledged taking part in direct negotiations. There was no immediate confirmation of the meeting from Israel. Tensions have soared between the two neighbours following the overthrow of Syrian president Bashar Assad in December in a lightning rebel offensive led by Islamist insurgents. Shortly after Assad's overthrow, Israeli forces seized control of the UN-patrolled buffer zone in Syria set up under the 1974 agreement and carried out airstrikes on military sites in what officials said was aimed at creating a demilitarized zone south of Damascus. This advertisement has not loaded yet, but your article continues below. Israel has said it will not allow hostile forces to establish themselves along the frontier, as Iranian-backed groups did during Assad's rule. It distrusts Syria's new government, which is led by former Islamist insurgents. Syrian President Ahmad al-Sharaa, a former al-Qaida commander who severed ties with the militant group years ago, has pledged to build a new country that respects the rights of minorities, but sectarian violence has erupted on a number of occasions, raising concerns about Syria's fragile transition. Sectarian clashes, Druze grievances Israel stepped up its intervention when violence erupted in Syria's Sweida province last month between Bedouin clans and government forces on one side and armed groups from the Druze religious minority on the other. This advertisement has not loaded yet, but your article continues below. During the fighting, some government forces allegedly killed Druze civilians, including a medical worker in a hospital in Sweida — an incident that was caught on video — and a U.S. citizen. Other videos circulating online have shown fighters forcibly shaving the mustaches off Druze sheikhs, or religious leaders, and stepping on Druze flags and photographs of religious clerics. The Syrian government has said it is investigating the allegations. The conflict then prompted airstrikes against Syrian forces by Israel before a truce — mediated by the U.S., Turkey and Arab countries — halted most of the fighting. Israel said it was acting to protect the Druze, who are seen as a loyal minority in Israel and often serve in the military. Israel launched dozens of airstrikes on convoys of Syrian forces around Sweida and struck the headquarters of the Syrian Ministry of Defense in the heart of Damascus, Syria's capital. This advertisement has not loaded yet, but your article continues below. Israel seized the Golan Heights from Syria in the 1967 Mideast war and later annexed the strategic plateau in a move that has only been recognized by the United States. The rest of the international community views the Golan as occupied Syrian territory. U.S. envoy holds talks Earlier on Tuesday, U.S. envoy to Syria Tom Barrack posted on X that he had held a 'warm and informative meeting' with Moafaq Tarif, the spiritual leader of Druze in Israel, and that the two discussed 'how to bring together the interests of all parties, de-escalate tensions, and build understanding.' Tarif described the meeting as 'excellent' and said the Druze want American assistance with an end to the blockade of Sweida and humanitarian aid for the people there, the return of the Druze who were kidnapped during the fighting, as well as American assurances of Druze security. This advertisement has not loaded yet, but your article continues below. Though the fighting has largely calmed down, Syrian government forces have surrounded the southern city of Sweida, named after the province, and the Druze have said that little aid is getting in, describing the situation as a siege. While the Druze in Syria have historically been wary of Israel, an increasing number are now open to seeking Israeli assistance. Hundreds demonstrated in Sweida on Saturday to demand the right to self-determination for the Druze minority, with some protesters waving Israeli flags. Videos and photos of the spectacle circulating on social media sparked outrage from many other Syrians, who accused the protesters of being traitors. — Associated Press writers Joseph Krauss in Ottawa; Aamer Madhani in Washington and Melanie Lidman in Tel Aviv contributed to this report. Toronto Blue Jays NHL World Sunshine Girls Canada

Air Canada customers stuck in limbo highlights competition, air passenger protection issues, experts say
Air Canada customers stuck in limbo highlights competition, air passenger protection issues, experts say

Globe and Mail

time23 minutes ago

  • Globe and Mail

Air Canada customers stuck in limbo highlights competition, air passenger protection issues, experts say

Travellers are looking to get back on track with their itineraries after Air Canada reached an agreement with the union representing its flight attendants on Tuesday. But the fallout from the labour dispute, which scuttled summer travel for thousands of Canadians, highlights a glaring gap in Canada's air passenger protection system that is exacerbated by scarce competition. Nearly a week since Air Canada began cancelling flights ahead of the strike deadline, many are still struggling to get what they're owed in this labour disruption, including refunds and rebookings. 'Air Canada and its flight attendants have totally left us high and dry,' said Adam Rabiner of North Vancouver. Air Canada resumes flying after flight attendants' strike ends Air Canada's flight attendant strike disrupts travel for thousands of people, at home and abroad Mr. Rabiner said he was set to fly to Paraguay on an Air Canada flight on Thursday to chaperone his daughter while she played at the Junior Pan American Karate Championships. Instead, he spent $1,300 on non-refundable tickets with another airline after he wasn't able to reach Air Canada to find out whether his flight was still leaving as scheduled or get a refund or rebooking. 'Unless they do something to compensate us and communicate with us properly, I will refuse to book with them again,' he said. While Mr. Rabiner has a few other options – WestJet, Porter and Flair for domestic flights, for example – the selection is slim. And that's part of the reason why passengers are in this mess to begin with, consumer advocates say. Airlines work to add flights, make schedule adjustments in face of Air Canada labour dispute 'If we had more competition in Canada, the airlines would be inclined to treat their passengers better and their workers better,' said Tahira Dawood, staff lawyer at the Public Interest Advocacy Centre. 'A lot of these problems would have not arose in the first place.' The rules meant to protect passengers' rights and their enforcement have also come under criticism. Canada's Air Passenger Protection Regulations require airlines to financially compensate passengers beyond rebookings or refunds when the disruption is within the airline's control and not related to safety. However, labour disruptions in Canada are considered outside the airline's control, which means passengers are owed little beyond the choice of a refund or rebooking. And even then, holding airlines to account has been difficult, Ms. Dawood said. When an airline fails to meet its obligations under Canada's Air Passenger Protection Rules, passengers have few avenues to turn to beyond an overburdened transportation regulator. (The Canadian Transportation Agency saw its backlog reach 87,000 complaints earlier this year.) Air Canada, the airline oligopoly and the abused consumer When it comes to flying with other carriers, alternatives in Canada are scarce. A June report from the Competition Bureau highlighted the issue and recommended opening up the domestic industry to foreign ownership, limiting mergers of carriers and removing operational barriers for smaller airports. Elsewhere, there are far stronger protections available to passengers in the event of labour disruptions. Strikes by an airline in both the European Union and Britain are considered within the airline's control, triggering compensation and duty of care obligations. 'In Europe and the U.K., the rule is simple,' said John Marzo, co-founder and chief executive officer of Airfairness, a travel tech and consumer protection company. 'If it's the airline's own employees on strike, you can claim compensation under EC261 or UK261.' Under EU Regulation 261, courts have consistently held that strikes by airline staff are not 'extraordinary circumstances,' said Baqa Rashdi, the managing director and senior lawyer at Law Booth in Mississauga, whose practice deals with criminal, family and civil litigation. His research into aviation law has been personal. Under the EU model, Air France paid him compensation quickly for a delay on a trip to Spain and openly acknowledged its mistake, he said. With Air Canada, 'I was essentially compensated with a credit toward a future flight.' Since labour relations by an airline in Europe are considered part of the carrier's ordinary business risks under its regulations, passengers are typically entitled to compensation when a flight is cancelled or delayed. In defying the back-to-work order, CUPE took a calculated risk that paid off The amount depends on flight distance and length of delay. But in general, the EU has put a clear price tag on passenger inconvenience: €250 (about $400) for short-haul, €400 for medium and €600 for long-haul flights, Mr. Rashidi said. The EU's framework has been effective in expanding consumer rights and creating predictable outcomes, reinforced by strong case law, he said. 'Canada's system has been criticized for carving out too many exceptions, strikes being one of the clearest examples.' While airlines often argue that giving out compensation at a high rate could drive up fares, Ms. Dawood referred to the Competition Bureau's July report that found higher Canadian fares are more closely tied to limited competition and concentrated ownership. The Competition Bureau's report also recommended removing exclusivity clauses on international flights that restrict competition and expanding Canadian Air Transport Security Authority services, which oversee specific elements of air safety, to smaller secondary airports. For example, the exclusivity clauses in ground leases at Montréal-Trudeau International Airport prohibit international flights at nearby secondary airports to limit competition. Removing these restrictions, among other barriers, would give passengers and workers more options, the report found. For now, passengers in Canada are left to suffer the effects of poor enforcement of air protection rights and an uncompetitive industry said Geoff White, executive director and general counsel at the Public Interest Advocacy Centre. 'This will take a legislative fix – this is fundamentally a failure of competition,' Mr. White said. 'When it comes to Canada's addiction to monopolies, it's a matter of political will.'

Stock Market Today: Tech Weakness Pulls S&P 500, Nasdaq Lower as Dow Holds Steady
Stock Market Today: Tech Weakness Pulls S&P 500, Nasdaq Lower as Dow Holds Steady

Globe and Mail

time23 minutes ago

  • Globe and Mail

Stock Market Today: Tech Weakness Pulls S&P 500, Nasdaq Lower as Dow Holds Steady

U.S. stocks finished mixed on Tuesday as a sell-off in tech stocks weighed on the broader market. The S&P 500 (SNPINDEX: ^GSPC) fell 37.78 points, or 0.6%, to 6,411.37, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) tumbled 314.82 points, or 1.5%, to 21,314.95. Semiconductor shares led the decline as Nvidia (NASDAQ: NVDA) lost 3.5%, Advanced Micro Devices (NASDAQ: AMD) dropped 5.4%, and Broadcom (NASDAQ: AVGO) slipped 3.6%. Software maker Palantir (NASDAQ: PLTR) plunged more than 9%, making it the S&P 500's weakest performer. The Dow Jones Industrial Average (DJINDICES: ^DJI) bucked the trend, edging up 10.45 points, or 0.02%, to 44,922.27. Gains in financials and industrials offset pressure from technology, allowing the blue-chip benchmark to close slightly higher. The day's divergence across indices underscored investors' rotation toward value and dividend-paying stocks, even as markets brace for upcoming economic data and fresh commentary from the Federal Reserve later this week. Market data sourced from Google Finance and Yahoo! Finance on Tuesday, Aug. 19, 2025. Should you invest $1,000 in S&P 500 Index right now? Before you buy stock in S&P 500 Index, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and S&P 500 Index wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,466!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,633!* Now, it's worth noting Stock Advisor's total average return is 1,077% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Daily Stock News has no position in any of the stocks mentioned. This article was generated with GPT-4o, OpenAI's large-scale language generation model and has been reviewed by The Motley Fool's AI quality control systems. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, and Palantir Technologies. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy.

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