Negotiations break down between Unifor and CN Tower ahead of Canada Day
'We've hit an impasse and time is running out,' said Shan Ramanathan, President of Unifor Local 4271. 'Our members want a fair deal. We're ready to bargain, but the company needs to return to the table with a serious commitment to reaching an agreement.'
Unifor Local 4271 represents approximately 250 full-time and part-time workers at the CN Tower, including hosts, wait staff, bartenders, the kitchen brigade including chefs, cooks, butchers, and others.
Key issues in the dispute include the lack of pension improvements for more than 15 years, the need for fair wage increases, scheduling concerns, enhanced benefits, and improved health and safety protections.
The deadline to avoid job action is 12:01 a.m. on Monday, June 30, 2025. If no deal is reached, workers could be locked out or go on strike, disrupting operations at one of Canada's most iconic landmarks during the height of tourist season.
Unifor is Canada's largest union in the private sector, representing 320,000 workers in every major area of the economy. The union advocates for all working people and their rights, fights for equality and social justice in Canada and abroad, and strives to create progressive change for a better future.
SOURCE Unifor
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
32 minutes ago
- Yahoo
Q Precious & Battery Metals Corp. (QMET) Extends Nova Scotia Natural Hydrogen Discovery with Results up to 1,840 ppm
Expanded Sampling to the North and East Confirms Multiple High-Grade Hydrogen Zones Halifax, Nova Scotia--(Newsfile Corp. - August 21, 2025) - Q Precious & Battery Metals Corp. (CSE: QMET) (OTC Pink: BTKRF) (FSE: 0NB) ("QMET" or the "Company") is pleased to announce that its latest soil gas sampling results in the Apple River-Shulie-Sandy corridor has returned exceptional hydrogen concentrations, including 1,042 ppm, 1,064 ppm, 1,093 ppm, 1,153 ppm, 1,247 ppm and a peak of 1,840 ppm. These high-grade results come from an additional 200 samples collected to the north and east of the Company's previously announced discovery area, confirming continuity and expansion of multiple "hot zones" in this highly prospective corridor. The present hydrogen gas exploration program completes the preliminary sampling of QMET's most northern license located 2 km south of Joggins at the western margin of the Cumberland Basin. Additional sampling on extension of previously sampled lines was also added and completed on selected lines previously sampled within the more southern licenses. Fault structures mapped at surface in the southern part of the Cumberland Basin are not readily apparent in the northern licensed areas. A review and interpretation of seismic reflection data and well drill data in the adjacent region (Waldron et al.[1], Durling.[2]) indicate that important structures are present in the subsurface that are onlapped and covered by the overlying formations. The lateral mobilization of the thick evaporites-salt formation at the base of the Windsor Group led to the development of broad open synclines separated by narrow isoclinal anticlines cored by salt or thrust faults. Unconformities have been observed in seismic sections at the base of the youngest unit in the Cumberland Group which overlay deeply faulted lower parts of the Cumberland Group. These observations now need to be considered when evaluating the diffusive flow of Hydrogen gas in the sampling programs. The expanded program has identified 15 new samples exceeding 500 ppm hydrogen, reinforcing the exceptional scale potential of the discovery and validating the exploration model developed by QMET's strategic partner, Quebec Innovative Materials Corp. ("QIMC"), in collaboration with the Institut National de la Recherche Scientifique ("INRS"). Management CommentaryRichard Penn, CEO of QMET, stated: "Placing these exceptional results into context, we are seeing an extension of our hydrogen-rich zones into new areas with grades among the highest recorded to date. The Apple River-Shulie-Sandy corridor continues to exceed our expectations, and with each phase of work, the case for a large-scale, clean natural hydrogen system becomes stronger. We will maintain our aggressive exploration pace alongside QIMC and INRS to advance this discovery toward drill-ready targets." Next StepsThe new data will be integrated into the Company's exploration model to refine priority targets for deeper subsurface testing and follow-up programs. The consistency of elevated hydrogen concentrations further supports Nova Scotia as a cornerstone of QMET's clean natural hydrogen strategy. QMET remains focused on supporting the responsible development of clean natural hydrogen resources and is proud to collaborate with both QIMC and INRS in expanding this next-generation energy opportunity. The Company looks forward to continued progress and shared success as the clean hydrogen sector evolves in Quebec and Nova Scotia. About Q Precious & Battery Metals Corp. (QMET) QMET (CSE: QMET) is Canadian natural resource exploration company with 100% owned mineral projects in Quebec and Nova Scotia targeting critical and precious metals as well as Clean Natural White Hydrogen. Flagship projects include the LaCorne South Critical Minerals Project and the newly acquired Matane in Quebec, and Colchester Natural Hydrogen Projects, in Nova Scotia, in a collaboration with Quebec Innovative Materials Corp (CSE: QIMC). Exploration work conducted on the Colchester Project is overseen by Edward Procyshyn, a qualified expert in hydrogen exploration, he has reviewed, read and approved the technical content presented in this press release. Edward Procyshyn confirms that the methodologies employed, data presented, and interpretations made conform to current industry practices and standards relating to hydrogen exploration. For further information, please contact:Q Precious & Battery Metals Penn, CEO778-384-8923Email: richard@ Footnotes [1] Waldron, J.W.F. et al. (2013). Evaporite tectonic and the late Paleozoic stratigraphic development of the Cumberland Basin, Appalachians of Atlantic Canada. GSA Bulletin, 125(5-6), 945-960. [2] Durling, P. (2023). Seismic-reflection interpretation of the Carboniferous Cumberland Basin, northern Nova Scotia. Geological Survey of Canada, Open File 8937. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable Canadian securities legislation, including but not limited to statements regarding: exploration potential, geological characteristics, potential hydrogen discoveries, leveraging known geological conditions, replicating successful exploration models, expanding strategic collaborations, and anticipated exploration plans, milestones, timelines, and benefits arising from the collaboration agreement with Quebec Innovative Materials Corp. (QIMC). Such forward-looking statements are subject to numerous risks, uncertainties, and assumptions, including but not limited to: potential delays; geological uncertainties and the speculative nature of mineral and hydrogen exploration; actual exploration results differing materially from expectations; inability to replicate prior exploration successes or geological conditions of other projects; availability of financing; volatility of commodity prices; competition and market conditions affecting hydrogen and mineral exploration; operational and technological risks; unforeseen environmental and permitting challenges; legal and contractual uncertainties; general business, economic, competitive, political, and social uncertainties; and the risk that anticipated benefits of the collaboration with QIMC will not be realized. Although QMET believes these statements and expectations reflected therein are based upon reasonable assumptions as of the date hereof, there can be no assurance that these assumptions will prove accurate, and actual results or developments may differ materially from those projected. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements contained herein, whether as a result of new information, future events, or otherwise, except as required by law. To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
2 hours ago
- Yahoo
Visa's ALM Integrated to Aid Lithic in Real-Time Premium Card Enrollment
Visa Inc.'s V Account Level Management (ALM) system, accessed through the Card Program Enrollment (VCPE) API, has recently been integrated with Lithic, the leading card issuing and processing platform for modern financial solutions. The integration is already live in the US and Canada, with plans for global expansion. Visa ALM reviews spending activity across multiple cards tied to a single account to determine eligibility for premium programs. By shifting from traditional BIN-level assessments to account-level evaluations, Visa helps enhance program profitability while speeding up the delivery of benefits. Through this integration, Lithic clients can now seamlessly enroll qualified cardholders into Visa's premium programs—such as Signature and Signature Preferred—without the need for card reissuance or any interruption to the cardholder experience. In contrast to legacy batch enrollment methods that can take days to activate benefits and update interchange, Lithic's VCPE API enables near real-time processing of enrollments. Also, the update enables fintechs to manage portfolios at the account level, opening the door to highly tailored rewards, instant tier upgrades and exclusive Visa benefits such as extended warranties, travel protections and concierge services. Adopting this 'account for life' approach ensures cardholders retain their existing card number, even as their account evolves in line with their spending behaviors. Increased enrollment of cardholders within Visa's premium programs is expected to increase the usage of V-branded cards. In case of transactions using these cards, V provides authorization, clearing and settlement services and earns service, data processing, international transaction or other revenues in return. The company's net revenues improved 14% year over year in the third quarter of fiscal 2025. How are Competitors Faring? Some of Visa's competitors include Mastercard Incorporated MA and PayPal Holdings, Inc. PYPL. Mastercard's card programs include World and World Elite Mastercard. Increased usage of the MA-branded card is expected to boost the net revenues that the company derives from its payment network by charging fees to customers based on the gross dollar volume of the cards. Net revenues improved 17% year over year in the second quarter of 2025. PayPal offers card programs that include branded consumer credit products like the PayPal Cashback Mastercard and PayPal Extras Mastercard, issued by Synchrony Bank. These programs give customers convenient financing options and reward benefits. Net revenues of $8.3 billion increased 5.1% year over year on a reported basis and 5% on a forex-neutral basis in the second quarter of 2025. Visa's Price Performance, Valuation & Estimates Shares of Visa have gained 27.7% in the past year compared with the industry's 22% growth. Image Source: Zacks Investment Research From a valuation standpoint, V trades at a forward price-to-earnings ratio of 27.01, above the industry average of 22.08. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Visa's fiscal 2025 earnings implies a 13.7% rise from the year-ago period. The consensus mark for revenues indicates 10.9% year-over-year growth. Image Source: Zacks Investment Research V currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA) : Free Stock Analysis Report Visa Inc. (V) : Free Stock Analysis Report PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
U.S. orange juice shipments plummet as Canadians find Florida OJ hard to swallow
Feeling a little squeezed in the orange juice aisle? Between the climbing cost for a carton of fresh-squeezed juice, steep counter-tariffs on U.S. juices like Tropicana, and now plummeting U.S. shipments, you might worry this breakfast staple is in danger of becoming a luxury good. But industry and business experts say none of this is unexpected and that consumers have options. Canada is seeing a "dramatic reduction" in imports of orange juice from Florida but that is to be expected, given the rising prices and the fact that the beverage was specifically targeted by our counter-tariffs, said Michael von Massow, a professor of food agriculture and resource economics at the University of Guelph in Ontario. In other words, the marked drop in imports has been compounded by the ongoing consumer desire to buy Canadian, he said. "We are probably seeing an effect here where just the American product is going up in price — which means that it's going down in demand — but there are other options on the shelf," von Massow told CBC News. "Unless you're tied specifically to fresh-pressed orange juice from Florida." WATCH | Orange juice prices hard to swallow? You have options: U.S. shipments drop to 20-year low The total value of U.S. shipments of fresh orange juice to Canada saw a steep drop in June to its lowest level in more than 20 years, according to data from both the U.S. Census Bureau and Statistics Canada. The total import value in June of fresh orange juice from the U.S. into Canada was $5.78 million, compared to nearly $12 million in June 2024, according to Statistics Canada. Since January alone, the monthly import value dropped by 64 per cent. There are a number of factors at play, said William Huggins, an assistant professor of finance and business economics at McMaster University in Hamilton. Supply constraints push up prices, which reduces demand, he said. Plus, there are the 25 per cent counter-tariffs imposed by Canada on March 4. Canada's response to U.S. President Donald Trump's tariffs affects $30 billion worth of U.S. goods, including orange juice. "Canada specifically targeted Florida orange juice as a way of making a political point. We weren't even shy about it," Huggins said. Orange juice is practically symbolic of the U.S., much in the same way that maple syrup is for Canada, he explained. It's also become emblematic of the consumer boycott, he added: when shoppers think of orange juice, they think of Florida, and when they think of Florida, they think of Trump and his Mar a Lago home. "The most basic thing you can do to give your finger to the most powerful man in the world is to hurt his home state's economy," Huggins said. Prices on the way up Orange juice prices have always been volatile, as The Associated Press notes. Prices fall when bumper harvests create an oversupply of oranges and rise when frost or a hurricane knocks out fruit trees. And recently, the price has been going up, according to Statistics Canada. The monthly average retail price for a two-litre carton shot up in June to $5.95, from $5.62 in January, and is up 54 per cent compared to June 2020. This year's harvest in Brazil, the world's largest exporter of orange juice, is likely to be the worst in 36 years due to flooding and drought, according to a forecast by Fundecitrus, a citrus growers' organization in Sao Paulo state. In the U.S., Florida's already diminished orange production fell 62 per cent in the 2022-23 season after Hurricane Ian battered a crop that was already struggling due to an invasive pest. Drought also cut Spain's orange production last year. But what Statistics Canada doesn't show is that the price increase here is largely driven by the price of Florida orange juice, von Massow reiterated. At Loblaws, for example, a 2.63-litre container of U.S.-based Tropicana might cost up to $13.50 but the prepared-in-Canada PC brand currently costs $6.50. At Metro, 2.63 litres of Tropicana orange juice is $13.99, but 2.5 litres of Irresistible brand is $7.69. Canadian-owned juice brand Oasis, which sources its oranges from Brazil and bottles the juice in Quebec, costs $5.49 for 1.5 litres at Food Basics. But all these prices are significantly higher than what Canadians paid in 2017. According to Statistics Canada, a two-litre container of orange juice back then cost about $3.61— 40 per cent less than what it costs now. Price increases turning off consumers And consumers aren't buying it. Global orange juice demand dropped 15 per cent year-over-year between 2025 and 2024, according to a May report from Rabobank, a Dutch bank that focuses on food and agriculture. They cited high prices, weaker consumer sentiment and limited availability. In a July report, Rabobank noted a "sharp decline in global orange juice supply." Some Canadian businesses have told CBC they've stopped serving orange juice as they rethink their relationship with U.S. products. Huggins said he really doesn't foresee orange juice becoming the next "liquid gold," like olive oil, which recently saw its price double over three years. Consumers have other options, he explained, and the boycott sentiment is still going strong. "It's not like there are no substitutes for orange juice. People will just drink apple juice," Huggins said. WATCH | B&B swaps out OJ for local cider:
