Canada Inflation Accelerates in June, Likely Keeping Central Bank On Sidelines Again
The consumer-price index inched up 0.1% for the month and rose 1.9% from a year earlier, quickening from April's steady 1.7% pace, Statistics Canada said Tuesday.
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Yahoo
2 minutes ago
- Yahoo
Trade top of mind as Canada's premiers are set to hold three-day meeting in Ontario
TORONTO — Tariffs and trade are top of the agenda as the country's premiers arrive in Ontario's cottage country for a three-day meeting that comes at a pivotal time for both Canada-U.S. and domestic relations. The premiers' summer gathering in Muskoka will also feature a Tuesday meeting with Prime Minister Mark Carney, as trade talks with the United States are expected to intensify. Most of what the premiers are likely to discuss stems from U.S. President Donald Trump's tariffs: trade negotiations, the direct impact on industries such as steel and aluminum, the increased pushes to remove interprovincial trade barriers and speed up major infrastructure and natural resource projects to counteract the effects of tariffs, as well as Indigenous communities' concerns about them. Day 1 of the premiers' meeting involves discussions with Indigenous leaders including the Assembly of First Nations, the Métis National Council and the Native Women's Association of Canada. Carney himself is fresh off a meeting with hundreds of First Nations chiefs, many of whom have expressed concerns about their rights being sidelined as the prime minister looks to accelerate projects in the "national interest." Some of the top priorities premiers are pushing include pipelines and mining in Ontario's Ring of Fire region, and chiefs have said that must not happen by governments skirting their duty to consult. Ontario Premier Doug Ford, who has served for the past year as head of the Council of the Federation, is host of the meeting and said in a statement that protecting national interests will be top of mind. 'This meeting will be an opportunity to work together on how to respond to President Trump's latest threat and how we can unleash the full potential of Canada's economy," Ford wrote. Trump and Carney agreed in June at the G7 summit to try and reach a trade deal by July 21 but Trump recently moved that deadline to Aug. 1, while telling Carney he intends to impose 35 per cent across-the-board tariffs on Canada that same day. Carney has said Canada is trying to get an agreement on softwood lumber exports included in the negotiations with the United States. British Columbia Premier David Eby said he intends to raise the issue and others of particular importance to B.C. at the meeting. "(We want to) get access to the same level of attention, for example, on the softwood lumber as Ontario gets on the auto parts sector, (and) that we get the same amount of attention on capital projects as Alberta is currently getting in relation to their proposals," Eby said last week in Victoria. Alberta Premier Danielle Smith has been making a big push for new pipelines, but said during a press conference Friday that her focus would also be on premiers working together to address the tariff threat, including interprovincial trade. "I was really pleased to sign (a memorandum of understanding) with Doug Ford during the time he was here in during Stampede, and other provinces are working on those same kind of collaborative agreements," she said. "We need to do more to trade with each other, and I hope that that's the spirit of the discussion." Smith and Ford signed an MOU earlier this month to study new pipelines and rail lines between provinces, and both premiers also talked about wanting Carney to repeal a number of energy regulations like net-zero targets, the West Coast tanker ban and a proposed emissions cap. Ford has also taken a lead role on increasing interprovincial trade, signing MOUs with several provinces and enacting a law to remove all of Ontario's exceptions to free trade between the provinces and territories. Nova Scotia's Tim Houston is another premier banging the drum of interprovincial trade, saying the trade war is forcing action on it. "We're seeing the benefit of working together to respond to economic threats from the U.S. by breaking down internal trade barriers and opportunities to expand in other international markets," he wrote in a statement. Ford has said the premiers will also talk about emergency management, energy security, sovereignty and national security, health, and public safety. The premiers have also been pushing the federal government to reform bail laws and Carney said last week that legislation will be introduced in the fall and he expects to discuss the issue with the premiers on Tuesday. The premiers' summer meeting also signals a changing of the guard, with the role of chair of Council of the Federation moving between provinces annually. But after Ford is no longer chair, he's not expected to take too much of a back seat on all of the aforementioned issues. He is still premier of the most populous province, has built a strong relationship with Carney, often singing the prime minister's praises, and has done frequent American TV interviews making the case for increased trade over tariffs. Those network appearances, in part, earned him a nickname of "Captain Canada" — a persona he used to massive political benefit. Ford made the fight against tariffs and Trump the central part of his re-election campaign and voters returned him to government with a third consecutive majority. — With files from Wolfgang Depner in Victoria, Keith Doucette in Halifax and Lisa Johnson in Edmonton This report by The Canadian Press was first published July 20, 2025. Allison Jones, The Canadian Press 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Business Journals
4 minutes ago
- Business Journals
Texas Medical Legal Consultants named top Best Places to Work three years in a row
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New York Times
5 minutes ago
- New York Times
WNBA players wisely use All-Star spotlight for CBA leverage: ‘Pay us what you owe us'
INDIANAPOLIS — The WNBA All-Star Weekend represented the league at its peak: a massive mid-season showcase featuring the best players in the world, hosted in a city that has become synonymous with the rapid explosion of women's sports. But the celebrations took place in front of a backdrop of labor uncertainty. The league and the players' union remain far apart in negotiations for a new collective bargaining agreement, with the current CBA set to expire on Oct. 31, 2025. With all eyes on the league, the All-Stars emerged for pregame warmups Saturday to reveal a message on their shirts: 'Pay Us What You Owe Us.' The players had a breakfast meeting the morning of the All-Star game when they collectively decided to make the shirts. The shirt is available for sale on the players' union's Instagram account, with all proceeds going to the WNBPA and the players. A post shared by WNBPA (@thewnbpa) After years of fighting an existential battle for the survival of the league, WNBA players enter this bargaining cycle with a rare power: leverage. The league is generating record revenue, it's expanding, and it's become part of the national consciousness. Now is the time for the players to cash in on what they have brought to the table. They want a business model that allows them to share in the growth of the WNBA and direct more of the revenue towards salaries and player experience. Advertisement 'We see the growth in the league and as it stands, the current salary system is not really paying us what we're owed,' said union president Nneka Ogwumike, a Seattle Storm forward. 'We want to be able to have that fair share moving forward, especially as we see all of the investment going in, and we want to be able to have our salaries be reflected in a structure that makes sense for us.' The league is in a period of hyper growth, as commissioner Cathy Engelbert illuminated in her annual mid-season address. Viewership is up 23 percent year over year, attendance 26 percent, and merchandise sales 40 percent. Money is pouring into the league — via media rights, expansion fees and other avenues — but players need to secure a piece of the growing business before the WNBA enters a sustainability mode. Their prominent message on one of the league's biggest nights, and their commitment to a united front, shows that the union understands its strength and is taking control of the narrative. Doing so on All-Star weekend isn't just about getting all of the players in one room together, though the breakfast meeting composed mostly of union leadership couldn't have happened if the players weren't all in one place. The timing is also important to engage fans when they are paying attention and when players are speaking to a nationally-televised audience on ABC. This effort allowed players to tap into the community that supports them and wants to help. At a panel earlier Saturday, fans asked Dawn Staley, Sydney Colson and Kate Martin how they could make a difference in the negotiations. Fans brought 'Pay the Players' signs to the game, and Mystics guard Brittney Sykes displayed one visible on the broadcast behind Engelbert during postgame interviews. The crowd also drowned out Englebert's speech with chants of 'pay them.' 'Pay them!' WNBA All-Star fans drowned out commissioner Cathy Engelbert during her presentation of the game's MVP award. With several CBA conversations in Indy this weekend, players warmed up in shirts that read 'Pay Us What You Owe Us.' — The Athletic (@TheAthletic) July 20, 2025 'It's huge to have the fans backing us,' union vice president Napheesa Collier said. 'A lot of things are the court of public opinion, and it does matter what people think, they of course, at the league recognize that as well, so adding that pressure is really great for us.' Players are not new to public activism. As WNBPA first vice president Kelsey Plum said, this is a resilient group that was politically outspoken during the Georgia Senate race in 2020. They understand the unity it takes to achieve a desired outcome. Advertisement Fashion as a visual forum for protest is a familiar tactic. The Minnesota Lynx wore T-shirts that said 'Change starts with us' and 'Black Lives Matter' on the back after the police killing of Philando Castile in 2016. The entire league wore Breonna Taylor's name on their jerseys in the 2020 WNBA bubble after she was killed by a police officer. And in 2022, the WNBA All-Stars changed at halftime into Brittney Griner jerseys to bring attention to her detention in Russia. At a moment that is critical to determine their future, players don't want to leave any stones unturned. They need participation from throughout the union, which is why a record number of players showed up to the bargaining meeting. For instance, Satou Sabally was unable to play in the All-Star Game but flew to Indiana on Thursday to attend the negotiations. Players have to publicly apply pressure on the league, using their collective, consistent messaging and their fan bases to rally behind them. They are preparing for a lockout, putting money away in case negotiations stall. They are appealing to Engelbert's legacy: Does she want to be the commissioner who presided over the most significant growth in women's sports history, or the one who oversaw a work stoppage? The wording of 'owe us' on the T-shirts was clarifying. The players have talked about getting what is fair, but this was a crucial change in the strategy to signify that a piece of the business already belongs to them. 'We're going to continue to push for everything that we've earned,' Liberty guard Natasha Cloud said. 'The word earned is something that needs to be highlighted. I think a lot of times you get told to just continue to take crumbs and be thankful for what we have,and that's just not the case anymore.' By hijacking a tentpole event for the league, players are expressing that they will not settle. They can't afford to do anything less. (Photo of Brittney Sykes: Steph Chambers / Getty Images)
