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WestJet backs down from TFW hiring plan

CBC18-04-2025

Calgary-based airline cites 'economic uncertainty' for reversal
WestJet says it no longer plans to use the temporary foreign worker (TFW) program to hire captains for its regional Encore airline, a decision welcomed by the union.
In an email to CBC News, a spokesperson for WestJet said the move was due to "economic uncertainty."
"We are referring to the heightened unpredictability most businesses are facing in the current economic climate, including but not limited to demand," the Calgary-based airline said. "WestJet, like many airlines, are constantly assessing the demand for travel, and making adjustments as required."
WestJet had previously said the program was among several avenues it was pursuing to address a labour shortage.
"We're very happy," said Capt. Tim Perry, president of the Air Line Pilots Association (ALPA) Canada, which had criticized WestJet for pursuing the TFW program rather than improving working conditions to attract more domestic applicants.
"This is the outcome that we were looking for," he said.
Amid the final weeks of the federal election campaign, Perry said the union now hopes to push the various political parties for commitments to reform the TFW program, if elected.
In particular, Perry said he would like to see a stronger requirement that the government consult with relevant labour groups before giving an employer a green light to use the program.

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Hycroft Announces Public Offering of Units
Hycroft Announces Public Offering of Units

Cision Canada

time40 minutes ago

  • Cision Canada

Hycroft Announces Public Offering of Units

WINNEMUCCA, Nev., June 11, 2025 /CNW/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company") is pleased to announce a proposed public underwritten offering of units of the Company (the "Units") for gross proceeds of approximately $40 million (the " Offering"). Each Unit will be comprised of one share of common stock of the Company and one-half of one common stock purchase warrant (each whole warrant, a " Warrant"). Each Warrant will be exercisable to purchase one share of common stock of the Company. Hycroft intends to use the net proceeds from the Offering for further exploration, working capital and general corporate purposes. BMO Capital Markets and Paradigm Capital Inc. are acting as joint book-running managers for the Offering. SCP Resource Finance LP is acting as a capital markets advisor to the Company. The Offering will be priced in the context of the market with the price, total size and other final terms of the Offering and the Units to be determined at the time of entering into an underwriting agreement for the Offering. Hycroft will also grant the underwriters a 30-day option to purchase up to an additional 15% of the base Offering, to acquire Units, shares of Common Stock and/or Warrants (or any combination thereof), at the underwriters' discretion. Closing of the Offering will be subject to a number of customary conditions, including the entering into of a definitive underwriting agreement. The Offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-279292) that was filed by the Company with the U.S. Securities and Exchange Commission (the " SEC"), as amended. A preliminary prospectus supplement relating to and describing the terms of the Offering will be filed with the SEC and will be available on the SEC's website at Copies of the preliminary prospectus supplement and accompanying prospectus, as well as copies of the final prospectus supplement, once available, may be obtained upon request by contacting BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036, or by email at [email protected]. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. About Hycroft Mining Holding Corporation Hycroft Mining Holding Corporation is a US-based gold and silver company developing the Hycroft Mine, among the world's largest precious metals deposits located in northern Nevada, a Tier-One mining jurisdiction. After a long history of oxide heap leaching operations, the Company is focused on completing the technical studies to transition the Hycroft Mine into the next phase of commercial operations for processing the sulfide ore. In addition, the Company is engaged in a robust exploration drill program to further expand the newly discovered high-grade dominant silver systems and unlock the full potential of this worldclass asset, including oxide leaching potential at Manganese. For further information, please contact: [email protected] Cautionary Note Regarding Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the United States Securities Exchange Act of 1934, as amended, or the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included herein and public statements by our officers or representatives, that address activities, events or developments that our management expects or anticipates will or may occur in the future, are forward- looking statements, including but not limited to such things as future business strategy, plans and goals, competitive strengths and expansion and growth of our business. 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Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include, but are not limited to, risks related to changes in our operations at the Hycroft Mine, including risks associated with the cessation of mining operations at the Hycroft Mine; uncertainties concerning estimates of mineral resources; risks related to a lack of a completed feasibility study; risks related to our ability to re-establish commercially feasible mining operations; industry related risks, including fluctuations in the price of gold and silver; the commercial success of, and risks related to, our exploration and development activities; uncertainties and risks related to our reliance on contractors and consultants; and the availability and cost of equipment, supplies, energy, or reagents. The occurrence of one or more of the events or circumstances described alone or in combination with other events or circumstances may have a material adverse effect on the Company's business, cash flows, financial condition, and results of operations. Please see our "Risk Factors" outlined in our Annual Report on Form 10-K for the year ended December 31, 2024, and other reports we have filed with the SEC for more information about these and other risks. You are cautioned against attributing undue certainty to forward-looking statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements were based on assumptions that the Company believed were reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance, or achievements may differ materially from those made in or suggested by the forward-looking statements in this news release. In addition, even if our results, performance, or achievements are consistent with the forward-looking statements contained in this news release, those results, performance or achievements may not be indicative of results, performance or achievements in subsequent periods. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements made in this news release speak only as of the date of those statements. Readers cannot be assured that the Offering will be completed on the terms described above, or at all. We undertake no obligation to update those statements or publicly announce the results of any revisions to any of those statements to reflect future events or developments except as required by applicable law. All forward-looking statements contained in this news release are expressly qualified by the foregoing cautionary statements.

Cardinal with close ties to Pope Leo XIV travels to Canada to support peaceful G7 activists
Cardinal with close ties to Pope Leo XIV travels to Canada to support peaceful G7 activists

CTV News

timean hour ago

  • CTV News

Cardinal with close ties to Pope Leo XIV travels to Canada to support peaceful G7 activists

A Peruvian cardinal who worked closely with Pope Leo XIV for years will be stopping in Calgary to support peaceful demonstrators as world leaders gather next week for the G7 summit in Alberta. Cardinal Pedro Ricardo Barreto Jimeno, 81, hopes to help draw attention to what he calls an 'ecological debt' crisis. While Barreto doesn't plan to join protests, he said he will be supporting peaceful activists' call for change. According to Barreto and organizers from Development and Peace ― Caritas Canada, the group that invited the cardinal to Canada, ecological debt refers to the debt owed to poorer nations and Indigenous communities resulting from damage caused by some companies from developed countries like Canada. This damage includes oil spills and pollution from mines. Development and Peace ― Caritas Canada, the official humanitarian aid agency of the Canadian Catholic Church, invited the cardinal to support peaceful activists in their campaign to call on G7 world leaders to prioritize the protection of the planet and poor communities. Ahead of a speech before dozens of people at Our Lady of Lourdes Parish in Toronto on Monday, Barreto spoke with through an interpreter about ecological debt. 'It's a very large injustice that the World Bank recognizes,' the Spanish-speaking cardinal said. He pointed to a World Bank 2023 debt report that found developing countries spent a record US$1.4 trillion servicing their foreign debt, as interest costs soared to a 20-year high of $406 billion. For many countries, this move would cut budgets in areas such as health and education. Barreto hopes developed countries like Canada will recognize their ecological debt to poorer countries. He and other environmental advocates are calling on Canada and other countries to cancel 'unjust and unsustainable debts' and help reform the global financial system. 'My hope, which is the hope of the church, is that the leaders of the northern rich countries will assume their responsibility in this situation,' he said. 'They have a really clear opportunity here to have a change in mentality towards debt.' Direction of Leo papacy Barreto, a Jesuit like Pope Francis, says he, Leo and others in the Catholic Church hope to continue Francis's legacy of emphasizing care for the marginalized and environment. While he didn't vote in the conclave last month — Barreto is older than the 80-year-old cutoff — he said he participated in meetings with cardinals leading up to Leo's election, in which they 'insisted' that the new pope must continue the same path as Francis of looking after the Earth. Cardinal's plans in Calgary The cardinal will be a guest of honour at the G7 Jubilee People's Forum in Calgary from June 12 to 15 before the summit in Kananaskis. Activists and faith communities from across Canada and around the world will gather and participate in talks about ecological debt during the forum. Barreto, metropolitan archbishop emeritus of Huancayo, Peru, is known for his advocacy for the environment and poor in Peru and Latin America. Francis made Barreto a cardinal in 2018. According to The College of Cardinals Report, a website featuring profiles of cardinals compiled by independent Catholic journalists and researchers, Barreto is also known for his 'outspoken generally liberal views on national politics,' even facing death threats for speaking out against a smelter causing pollution that threatened the health of people in the Andes Mountains.

Mark Carney has a national unity problem. A Liberal voice in Calgary might help
Mark Carney has a national unity problem. A Liberal voice in Calgary might help

CBC

time2 hours ago

  • CBC

Mark Carney has a national unity problem. A Liberal voice in Calgary might help

Viewed from a certain angle, it could be read as good news that only 30 per cent of Albertans believe their province would be better off on its own, a share that has grown only slightly over the last five years. In a hypothetical referendum, just 28 per cent said they would vote to secede. But among those who believe Alberta would be better off outside of Canada, feelings have seemingly hardened. And a referendum is no longer purely hypothetical. "What I always tell [people outside Alberta] is like, hey, Alberta has been a place of western alienation for a long time, and that's been worthy of resolving for a long time. What you're seeing right now is it getting louder and being more legitimized than it's ever been," says Corey Hogan, the newly elected Liberal MP for Calgary Confederation. "I've worked in the public opinion space a long time. And ultimately, public opinion does follow the conversation. That's just a simple reality. And so we're at this moment right now where the conversation has shifted. Public opinion will shift if we don't get on top of this. And we need to take this very seriously." Hogan, a former political consultant who then worked as a deputy minister in both Rachel Notley's Alberta NDP and Jason Kenney's UCP governments, compares the conversation in Alberta about separation now to public opinion a decade ago on a carbon tax in that province. Initially, most Albertans didn't feel strongly one way or the other. But the debate was ultimately driven by the loudest and most polarized voices. When Hogan says the conversation about Alberta has shifted, he says he is "referring to the fact that being a separatist is now a thing people say at cocktail parties in Alberta." WATCH | Can the new natural resources minister reset the conversation?: Reshaping Alberta's energy relationship with the federal government 29 days ago Duration 2:20 At least in Hogan's adult life — he's 44 years old — he had not previously encountered such party chatter. "So you are starting to see a social acceptability to the idea of being an Alberta separatist that honestly, I find a little baffling, but I also find very concerning," he said. Holding the country together has always been one of the primary tasks of a Canadian prime minister. But given the cocktail chatter, it is fair to say that responsibility may weigh heavier on Mark Carney than it has on any prime minister since Jean Chrétien. Can Carney rebuild the relationship? It is too easy to blame Carney's predecessor for separatist sentiments in Alberta. The roots of western alienation are deep — Mary Janigan's 2013 book Let the Eastern Bastards Freeze in the Dark takes its title from an iconic bumper sticker of the 1970s, but actually focuses on a federal-provincial conference in 1918 — and can't solely be pinned on the federal government. Hogan, for instance, points to the general dominance of voices from Central Canada in the public discussion of politics in this country. It's also not hard to build an argument that the criticism heaped on Justin Trudeau as an alleged opponent of the province's oil and gas industry is undeserved — the purchase and completion of the Trans Mountain pipeline expansion (TMX) was not cheap, either practically or politically, and oil production reached a record high in 2024. (If Trudeau was anti-oil, he was at least not very good at it.) But in Calgary, Horgan argues, the federal purchase of TMX is not understood as an example of the federal government acting for the benefit of Alberta, but as an example of regulatory failure and capital flight. And while some voices in Alberta might unfairly latch on to federal climate initiatives as grounds for complaint, Hogan says, a policy like the government's clean electricity regulations could be viewed as putting a heavier burden on western provinces. Carney is eventually going to be tested by the same sorts of policy questions that bedevilled the Trudeau government. If it was easy to square the circle on climate and resource policy to the satisfaction of everyone, someone would have done it already. For now, Hogan suggests there needs to be an emphasis on relationship-building. "Alberta and Central Canada — basically, we end up in this loop with each other where we're almost saying to each other, why won't you show some gratitude? And we're not having actual real conversations with individuals," Hogan says. "Alberta [will say] why won't you acknowledge how much money comes from this province.… And then people out here might say, well, we built you a pipeline, why aren't you happy? And the reality is, neither side is going to be happy if they're just [talking about] things that they had to begrudgingly do for each other. That's not how a nation is built." WATCH | Smith encouraged by first ministers' meeting: Hearing PM talk about northwestern pipeline 'very encouraging': Alberta premier | Power & Politics 9 days ago Duration 8:37 Alberta Premier Danielle Smith tells Power & Politics she found Prime Minister Mark Carney's comments on a possible northwestern pipeline 'very encouraging' and a 'sea change' from where first ministers' discussions on energy projects were six months ago. Hogan says he was "pretty heartened" by Natural Resources Minister Tim Hodgson's recent trip to Calgary, not so much for the well-received speech the minister delivered, but for the meetings Hodgson had with executives and industry groups in Alberta. (Hogan has since been named a parliamentary secretary to Hodgson.) "He built those connections and he heard them out. And I think that's got to be done a hundred more times, right? It's not about inviting Albertans into the room. It's about taking the room to Albertans in some cases and saying, 'OK, what are we trying to do here? How are we going to make this nation work for everybody?'" That does not mean, Hogan adds, that the federal government should acquiesce to every concern. But building up trust and goodwill might at least make it easier to live with disagreements. Being a voice for Confederation Trudeau and members of his government would likely protest that they too made good-faith efforts to build trust between themselves and leaders in Alberta. Trudeau himself seemed determined, at least initially, to shake off the ghost of his father's reputation in Alberta (though Hogan argues that after Trudeau's first three years as prime minister, a certain "bunker mentality" set in). Regardless of how or why Trudeau's time in office didn't produce better feelings in Alberta, Carney's arrival is at least an opportunity to reset the relationship and start fresh — and Alberta Premier Danielle Smith's positive tone after last week's first ministers' meeting suggests there is at least an opening for progress. In terms of the broader conversation, Hogan could be a potentially valuable voice — for both the Liberals and the broader federalist cause. Though something of an accidental candidate — he only decided to run after the Liberal Party's original candidate in Calgary Confederation was forced to withdraw in late March — he is a former vice-president at the University of Calgary and a prominent political commentator (in addition to his experience in government). His campaign printed up signs that said "Confederation is worth fighting for" and he has used his own newsletter to directly challenge some of the arguments been advanced by would-be separatists. "We can't cede the conversation space. We need to be in the conversation," Hogan says of Albertans who like him oppose separation. "If we love this country, we need to fight for this country. And Albertans love this country, so it's time to stand up." Success, he says, would mean that some of the loudest voices on the other side are "less loud," but also "a broader appreciation that we do have a challenge as a nation and that the idea of sovereignist threats does not end at the Quebec border … that this is a country that needs to make sure it's investing in a sense of nation-ness."

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