
Canada's Youth Job Market Slumps Most Among Major Economies
Over the past two years, unemployment among 15 to 24 year-olds in Canada jumped 3.6 percentage points, the sharpest increase among the 25 largest economies in the Organization for Economic Co-operation and Development — including the US, UK and Australia.
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Air Canada to resume flights after government moves to end strike
STORY: :: Union members are 'disgusted' after Canada's government forces an end to a cabin crew strike :: Henly Larden, Vice President, Canadian Union of Public Employees 'We are incredibly disgusted that the Liberal government has been speaking out of both sides of its mouth. They said that the bargaining table was the appropriate place to make this address and here they are, having invoked (section) 107.' :: Vancouver, Canada :: August 16, 2025 'I'm incredibly disappointed. As you can see from everyone behind us. This is not just flight attendants. This is the transportation industry. And I assure you this is going to start some fire.' 'Air Canada should come and join us in good faith and address the matters that really resonate with our members. Unpaid work. Addressing this unfair, un-Canadian aspect of unpaid work in 2025.' :: Air Canada is set to resume flights a day after hundreds were suspended over the strike Thousands of Air Canada flight attendants had walked off the job just before 1 a.m. EDT (0500 GMT) on Saturday, after months of negotiations over a new contract. In anticipation of the stoppage, the airline canceled nearly all of its 700 daily flights, forcing more than 100,000 travelers to scramble for alternatives or stay put. The government's move to end the strike and require binding arbitration to break their contract impasse was sought by the country's largest carrier and fiercely opposed by the unionized flight attendants. The most contentious issue in the contract negotiations has been the union's demand for compensation for time spent on the ground between flights and when helping passengers board. Attendants are currently paid only when their plane is moving. Solve the daily Crossword
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Air Canada to resume flights after government intervention on strike
Air Canada said it plans to resume flights on Sunday after the Canadian government intervened, forcing the airline and its striking flight attendants back to work and into arbitration. The strike, which began on Saturday morning, stranded more than 100,000 travelers around the world during the peak summer travel season. The North American country's largest airline said in a release that the first flights will resume Sunday evening but that it will take several days before its operations return to normal. It said some flights will be canceled over the next seven to 10 days until the schedule is stabilized. Nathalie Garceau, a spokesperson with the Canadian Union of Public Employees, told CBS News on Sunday that demonstrations will keep going around Canada, despite the statement from the airline. "We have not planned on cancelling it," she said in an email. Fewer than 12 hours after workers walked off the job, Federal Jobs Minister Patty Hajdu ordered the 10,000 flight attendants back to work, saying now is not the time to take risks with the economy and noting the unprecedented tariffs the U.S. has imposed on Canada. Hajdu referred the work stoppage to the Canada Industrial Relations Board. The airline said Sunday the Canada Industrial Relations Board has extended the term of the existing collective agreement until a new one is determined by the arbitrator. The shutdown of Canada's largest airline early Saturday was impacting about 130,000 people a day. Air Canada operates around 700 flights per day. According to numbers from aviation analytics provider Cirium, Air Canada had canceled a total of 671 flights by Saturday afternoon, following 199 on Friday. And another 96 flights scheduled for Sunday were already suspended. The bitter contract fight escalated Friday as the union turned down Air Canada's prior request to enter into government-directed arbitration, which allows a third-party mediator to decide the terms of a new contract. Flight attendants walked off the job around 1 a.m. EDT on Saturday. Around the same time, Air Canada said it would begin locking flight attendants out of airports. Last year, the government forced the country's two major railroads into arbitration with their labor union during a work stoppage. The union for the rail workers is suing, arguing the government is removing a union's leverage in negotiations. The Business Council of Canada had urged the government to impose binding arbitration in this case, too. And the Canadian Chamber of Commerce welcomed the intervention. Hajdu maintained that her Liberal government is not anti-union, saying it is clear the two sides are at an impasse. Passengers whose flights are impacted will be eligible to request a full refund on the airline's website or mobile app, according to Air Canada. The airline said it would also offer alternative travel options through other Canadian and foreign airlines when possible. Still, it warned that it could not guarantee immediate rebooking because flights on other airlines are already full "due to the summer travel peak." Air Canada and the Canadian Union of Public Employees have been in contract talks for about eight months, but they have yet to reach a tentative deal. Both sides have said they remain far apart on the issue of pay and the unpaid work flight attendants do when planes aren't in the air. The airline's latest offer included a 38% increase in total compensation, including benefits and pensions, over four years, that it said "would have made our flight attendants the best compensated in Canada." But the union pushed back, saying the proposed 8% raise in the first year didn't go far enough because of inflation. Examining the meteorite that landed in a Georgia house up close Exploring Hollywood Forever Cemetery's new 5-story mausoleum Air Canada flight attendants' strike grounds hundreds of planes Solve the daily Crossword
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Rubicon Organics Second Quarter 2025 Earnings: EPS: CA$0.012 (vs CA$0.008 loss in 2Q 2024)
Explore Rubicon Organics's Fair Values from the Community and select yours Rubicon Organics (CVE:ROMJ) Second Quarter 2025 Results Key Financial Results Revenue: CA$15.0m (up 24% from 2Q 2024). Net income: CA$773.2k (up from CA$454.2k loss in 2Q 2024). Profit margin: 5.2% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. EPS: CA$0.012 (up from CA$0.008 loss in 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Rubicon Organics Earnings Insights Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Pharmaceuticals industry in Canada. Performance of the Canadian Pharmaceuticals industry. The company's shares are up 3.8% from a week ago. Risk Analysis You still need to take note of risks, for example - Rubicon Organics has 2 warning signs we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.