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CTV News
6 minutes ago
- CTV News
Air Canada routes within North America to ramp up this morning as restart continues
Air Canada flights within North America are expected to ramp up this morning as the airline continues its operational restart following a three-day flight attendants' strike. The company resumed flights Tuesday afternoon after a complete halt to Air Canada and Air Canada Rouge routes that began early Saturday morning. It said it was focusing on outbound international flights to start. The airline has cautioned that a return to full, regular service would take seven to 10 days as aircraft and crew are out of position, and that some flights will continue to be cancelled until the schedule is stabilized. It is offering customers with cancelled flights a full refund or credit for future travel if they cannot be rebooked on a competitor's flight. Air Canada and the union representing more than 10,000 of its flight attendants struck a new tentative agreement on Tuesday morning with the help of a federal mediator. This report by The Canadian Press was first published Aug. 20, 2025. Sammy Hudes, The Canadian Press
National Post
6 minutes ago
- National Post
Eaton Cummins Automated Transmission Technologies Celebrates 500,000th Endurant Transmission Milestone with Werner
GALESBURG, Mich. — Eaton Cummins Automated Transmission Technologies today announced the production of its 500,000th Endurant transmission, a significant milestone that underscores Eaton Cummins' ongoing commitment to delivering innovative, efficient, and high-performance powertrain solutions for the commercial vehicle industry. Article content Eaton Cummins has produced its 500,000th Endurant transmission. 'We are incredibly proud to reach this milestone,' said Josh Mejeur, Regional Director, Eaton Cummins. 'This achievement reflects … the value our customers see in the Endurant platform.' Article content Article content The 500,000th unit was delivered to Werner ®, a long-standing customer and one of the first fleets to adopt the Endurant transmission following its debut in 2017. Werner's continued investment in the Endurant platform highlights the transmission's proven performance, durability, and fuel efficiency across diverse applications. Article content Article content To commemorate the achievement, a special ceremony was held at the Kenworth Truck Plant in Chillicothe, Ohio, where a new Kenworth T680 equipped with the milestone transmission rolled off the assembly line. Eaton Cummins presented a commemorative plaque to Werner in recognition of their partnership and shared dedication to innovation. Article content 'We are incredibly proud to reach this milestone and to celebrate it with Werner, a fleet that has been with us since the beginning of the Endurant journey,' said Josh Mejeur, Regional Director, Eaton Cummins. 'This achievement reflects the strength of our partnerships and the value our customers see in the Endurant platform.' Article content 'Werner has worked with Eaton for more than 40 years, and we were proud to receive the very first Endurant transmission,' said Scott Reed, Werner's Senior Vice President of Maintenance. 'This milestone reflects our shared commitment to innovation and providing our drivers with reliable, efficient equipment that delivers for our customers.' Article content The Endurant transmission family has grown to include multiple variants, including the Endurant HD, Endurant HD V, Endurant HD N, Endurant XD, Endurant XD Pro and Endurant XD N, serving both on-highway and vocational markets. Known for its lightweight design, advanced software features, and driver-friendly operation, the Endurant continues to set the standard for automated manual transmissions in North America and beyond. Article content Additional product information can be found at Article content About Eaton Cummins Article content Eaton Cummins Automated Transmission Technologies is a 50/50 joint venture between Eaton and Cummins, delivering industry-leading automated transmissions for commercial vehicles. The joint venture combines the strengths of both companies to offer smart, connected powertrain solutions that improve performance, fuel efficiency, and uptime. Article content About Werner Enterprises Article content Werner Enterprises, Inc. delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2024 revenues of $3.0 billion, a modern truck and trailer fleet, nearly 13,000 talented associates and our innovative Werner EDGE ® technology, we are an essential solutions provider for customers who value the integrity of their supply chain and require safe and exceptional on-time service. Werner ® provides Dedicated and One-Way Truckload services as well as Logistics services that include truckload brokerage, freight management, intermodal and final mile. Werner embraces inclusion as a core value and manages key risks and opportunities through a balanced sustainability strategy. Article content Article content Article content Article content Article content
Cision Canada
36 minutes ago
- Cision Canada
Market uncertainty leaves Canadians divided, expert advice becomes a key resource in navigating mortgage decisions Français
New TD survey reveals key gaps in affordability knowledge and rate expectations, as Canadians weigh homeownership decisions in a shifting market TORONTO, Aug. 20, 2025 /CNW/ - A new TD survey reveals how today's increasingly complex market is shaping the way Canadians approach one of life's biggest financial decisions: their mortgage. While the majority of Canadians feel informed about the mortgage process, the survey shows that economic volatility, rate unpredictability, and tariff pressures are prompting many to rethink their strategies, highlighting that expert guidance is a vital tool to navigate the challenges of today's environment. Canadians are navigating interest rate uncertainty While the Bank of Canada has held rates steady in recent months, Canadians remain divided on where rates could head next. The survey found that 32 per cent expect rates to rise, 27 per cent anticipate a decrease, and 29 per cent believe they'll remain unchanged. This lack of consensus reflects the challenges Canadians face when making long-term financial decisions in a rapidly shifting landscape. "With so much uncertainty around what comes next, Canadians are thinking carefully about how best to approach their mortgage," says Patrick Smith, VP, Product Management, Real Estate Secured Lending at TD. "Expert advice can help bring clarity to that complexity, so Canadians can make confident, informed choices aligned with their needs and long-term goals." Economic pressures add even more complexity Beyond rate expectations, Canadians are increasingly aware of how broad economic shifts may influence their homeownership goals. Tariffs, in particular, are playing a key role in how Canadians make decisions about their mortgage. According to the survey, nearly a third (29 per cent) of Canadians say that tariffs have caused them to reassess their mortgage strategy. The survey also found: 31 per cent say that tariffs have impacted their borrowing capacity; 28 per cent agree that tariffs have caused them to reconsider taking out a mortgage; 28 per cent agree that tariffs have impacted which mortgage lender they are choosing or plan to choose. Trusted advice remains a key part of the mortgage process While the survey showed strong overall awareness on the mortgage process in Canada, the complexities of today's market are creating new challenges for Canadians. More than a quarter (27 per cent) say they're unsure how to improve affordability, and 23 per cent encountered unexpected costs during the process. These findings highlight how even informed borrowers can benefit from tailored support. In this environment, trusted advice continues to play a central role. The survey found that 88 per cent of Canadians say access to trusted advice is important, reinforcing the need for personalized support that helps Canadians navigate shifting market conditions. Whether Canadians are renewing, refinancing or planning for their first home, TD Mortgage Direct makes it easy to get started. After answering a few quick questions online, Canadians are connected with a TD Mortgage Specialist who can offer personalized, one-on-one guidance tailored to their financial goals and the realities of today's market. About the TD Survey This survey was undertaken by The Harris Poll Canada. It ran overnight on May 19 th, 2025, among 942 randomly selected Canadian homeowners and 223 randomly selected Canadians who plan to purchase a home in the next two years. These Canadians are adults who are also Maru Voice Canada online panelists. The results have been weighted by age, gender, region, and education (and in Quebec, language) to match the population, according to Census data. This is to ensure the sample is representative of the entire adult population of Canada. For comparison purposes, a probability sample of this size has an estimated margin of error (which measures sampling variability) of ±3.2% among homeowners and ±6.6% among prospective homebuyers, 19 times out of 20. Discrepancies in or between totals when compared to the data tables are due to rounding. About TD Bank Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by assets and serves over 27.9 million customers in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Retail, including TD Bank, America's Most Convenient Bank ®, TD Auto Finance U.S., and TD Wealth (U.S.); Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen. TD also ranks among the world's leading online financial services firms, with more than 18 million active online and mobile customers. TD had $2.1 trillion in assets on April 30, 2025. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto Stock Exchange and New York Stock Exchange.
