Carney holds news conference in Brussels
Prime Minister Mark Carney holds a news conference to conclude the EU-Canada Summit in Brussels, joined by European Council President António Costa and European Commission President Ursula von der Leyen.
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CTV News
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Top public servants unanimously opposed ‘big bang' pay switchover for public service
Alex Benay, Associate Deputy Minister at Public Services and Procurement Canada, speaks during a news conference at the National Press Theatre in Ottawa, on Tuesday, July 9, 2024. THE CANADIAN PRESS/Justin Tang OTTAWA — A top federal official says fixing the payroll problems caused by Phoenix cost taxpayers more than $5 billion — and they'll keep paying extra to run two public service payroll platforms at once as Ottawa weans itself off the problem-plagued system. Alex Benay, associate deputy minister at Public Services and Procurement Canada, says the alternative to running the Phoenix system in tandem with its replacement, Dayforce, would have been worse. The other option, he says, was a 'big bang' deployment that would have switched roughly 350,000 public servants from the old system to the new Dayforce system all at once. That's what happened when the federal government introduced Phoenix, which led to nearly a decade of mispayments for public servants and major lawsuits. Benay says taxpayers likely spent about $5.1 billion to process a backlog of Phoenix errors that caused some public servants to be mispaid — or sometimes not paid at all. While he doesn't have a cost estimate for the switch to Dayforce, Benay adds senior government officials agreed not to repeat the mistakes of nine years ago when Phoenix was brought online. This report by The Canadian Press was first published June 23, 2025. Kyle Duggan, The Canadian Press
CBC
an hour ago
- CBC
Byelection set to fill Winnipeg city council seat after death of Jason Schreyer
Voters will choose a new Winnipeg city councillor to fill the seat left empty after the death of Coun. Jason Schreyer earlier this year. The City of Winnipeg announced a byelection for Oct. 25 in the Elmwood-East Kildonan ward. Voters in the byelection will also choose school trustees for the Louis Riel School Division Ward 3 and Pembina Trails School Division Ward 1. Jason Schreyer, 57, died in April serving over a decade on city council. Schreyer was remembered by colleagues as an independent voice with a musical flair — often singing during council prayers. He was the son of former Manitoba Premier and Governor General Ed Schreyer and was first elected in 2014. More information how to vote or run as a candidate is available on the City of Winnipeg's website.
The Market Online
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- The Market Online
@ the Bell: Investor confidence holds despite US strikes on Iran
Canada's main stock index surged on Monday, driven by strong performances in the materials and gold mining sectors. This uptick followed heightened geopolitical tensions after the United States joined Israel in launching strikes on Iran's nuclear facilities over the weekend. US President Trump also suggested the possibility of pursuing leadership change in Iran. Iran began an operation against a US base in Qatar, according to state TV. On Monday, Prime Minister Mark Carney stated that he had spoken with Trump about a range of topics, including efforts to de-escalate the Middle East conflict, the upcoming NATO summit, and ongoing trade talks with the US Despite the US military action—targeting three Iranian nuclear sites—American stock markets also rose, as the increase in oil prices remained moderate. Oil prices had already been climbing in recent weeks due to the growing instability in the region, with US crude futures on Sunday night reaching their highest levels since January, but sunk deeply as this week began. The Canadian dollar traded for 72.81 cents US compared to 72.97 cents US on Friday. US crude futures traded US$6.58 lower at US$67.26 a barrel, and the Brent contract fell US$6.84 to US$70.17 a barrel. The price of gold was up US$2.53 to US$3,371.28. In world markets, the Nikkei was down 49.14 points to ¥38,354.09, the Hang Seng was up 158.65 points to HK$23,689.13, the FTSE was down 16.61 points to ₤8,758.04, and the DAX was down 81.54 points to €23,269.01. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
