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Some Air Canada flights to be cancelled today as clock ticks toward work stoppage
Some Air Canada flights that were scheduled to take off today will be cancelled as the airline braces for a work stoppage this weekend. The union that represents around 10,000 Air Canada flight attendants is poised to strike just before 1 a.m. on Saturday, as the airline also plans to lock out those workers. Air Canada says it will begin cancelling flights today, with more disruptions Friday and a complete stoppage by Saturday if it doesn't reach a last-minute deal with the flight attendants' union. It says customers whose flights are cancelled will be eligible for a full refund, and it has also made arrangements with other Canadian and foreign carriers to provide alternative travel options "to the extent possible." Meanwhile, the airline says it has requested government-directed arbitration. The federal government has not indicated whether it will intervene in the dispute, as federal Jobs Minister Patty Hajdu said in a statement Tuesday that she encourages both parties "to stay at the table until a deal is found." This report by The Canadian Press was first published Aug. 14, 2025. Companies in this story: (TSX:AC) Sammy Hudes, The Canadian Press 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
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Chinese tariff on canola seed comes into force as farmers hope for resolution
REGINA — A Chinese tariff of nearly 76 per cent on Canadian canola seed is set to come into force today. The duty, announced Tuesday, has already caused the price of one of Canada's most valuable crops to fall, wiping out millions of dollars in its value. It comes a year after China launched an anti-dumping investigation into Canadian canola. The investigation was in response to Canada's 100 per cent tariff on Chinese electric vehicles, and the two countries have since hit each other with various levies. Canola farmers and Ottawa have rejected claims of dumping, arguing exporters have followed rules-based trade. Farmers and Prairie premiers have called on the federal government to resolve the issue by speaking constructively with Chinese officials. This report by The Canadian Press was first published Aug. 14, 2025. Jeremy Simes, The Canadian Press 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
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Toronto's first Simons location marks 'new chapter' for department store: CEO
TORONTO — Wandering through Simons's newest store a day before it opened on Thursday, Bernard Leblanc had a quiet confidence despite the busyness surrounding him. Across almost every inch of the flagship store at Yorkdale mall in Toronto, staff were scurrying to unwrap and steam the last of the location's merchandise, vacuum carpets and dress mannequins. The seemingly menial tasks belied the enormity of what they were all preparing for: Simons's entry into the venerable Toronto market. That feat has been a long time coming. La Maison Simons is 185 years old but has taken such a methodical expansion outside its home province of Quebec that it only counted 17 stores until now. While it's long wanted to head to Toronto, it somehow detoured through Halifax, Vancouver and even the city's outskirts in nearby Mississauga before forging its way into the heart of Ontario on Thursday. Leblanc, the CEO of Simons, sees the entry as both a "new chapter" for the company and proof that "slow and steady wins the race." "Ultimately, we have owners that don't think in quarters. We think in generations," he said of the Simons family. They founded the business in Quebec City in 1840 as a dry goods retailer and charted its evolution into a department store beloved by Canadian fashionistas. Leblanc is the first non-family member to hold the company's top job and so there's a lot riding on the Toronto expansion. The retailer will spend a combined $75 million on the Yorkdale store and another to follow at the Eaton Centre this fall. Leblanc expects them to increase the company's annual sales by 15 per cent to $650 million. In some respects, his milestone is coming at a perfect time. The last eight months saw the fall of Simons' biggest competitor — 355-year-old department store Hudson's Bay — and a rise in consumer support for Canadian goods amid the tariff war. Simons' house brands, including Twik, Icône, Contemporaine and Le 31, make up 70 per cent of its stores' merchandise on average. While Leblanc is thrilled to see the patriotism having an effect on customers, he's not relishing the collapse of his rival, which filed for creditor protection under the weight of mounting debt in March. "I'm saddened by the fact that such a historical Canadian icon has left the market," he said of Hudson's Bay. "As a retailer, we like to have a very buoyant and dynamic retail industry, so having somebody exit is always a little bit of a shock to the industry." It was also a reminder to Simons that the company has to keep reinventing itself because "history and heritage is not a guarantee of success," he said. Simons has not publicly emerged as a bidder for any of the Bay leases or intellectual property. Nor has it "aggressively pursued specific brands that we didn't have because of exits from different people in the industry," Leblanc said. "We do scout the market globally for new upcoming brands and discover brands that people perhaps don't know about," he said. "That's more our focus, not so much coming in to be opportunistic, to pick up something that somebody left behind." But it's something that somebody left behind that helped make his company's Toronto ambitions a reality. Simons was only able to move into Yorkdale and Eaton Centre because U.S. department store Nordstrom decamped from Canada in 2023, saying it had been too hard to make a profit in the market. The massive properties Nordstrom held in some of Toronto's top shopping destinations presented the opportunity Simons had long been looking for. "We had been in discussions with Yorkdale for some time," Leblanc said. "We were here many years ago trying to see what potentially we could put together." At 118,000 square feet, the new, two-storey Yorkdale location will be the largest space in Simons's Ontario portfolio. It carries many of the same brands shoppers have come to expect from other markets — Herschel, JW Anderson and Lacoste. Unique to this location is a sprawling, geometric ceiling mural called "Ciel" from French artist Nelio that gives the store a fresh, airy feel. A "walk of frames" composed of 40 pieces from 24 artists brings another reason to linger in many of the store's nooks. Leblanc is betting the merchandise and store vibe will keep customers coming back and teach his company valuable lessons it can use as it continues to plot future growth. He named both Toronto and Vancouver as markets that may be able to support even more Simons stores but said for now he's focused on "taking it all in stride." "I'm really excited about making these two stores a success, starting with Yorkdale," he said. "And then we'll see where things take us." This report by The Canadian Press was first published Aug. 14, 2025. Tara Deschamps, The Canadian Press Sign in to access your portfolio
