‘We want a deal': Union negotiator on ongoing talks with Canada Post
Negotiator for the Canadian Union of Postal Workers Jim Gallant on working to get a deal done with Canada Post as wages remains a 'major issue.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
16 minutes ago
- CTV News
Mattawa residents petition to keep discount store
Residents of the Town of Mattawa are petitioning to save Scott's Discount Store, a 20-year staple set to close in August. Eric Taschner has more.
CTV News
19 minutes ago
- CTV News
Calgary condo market retreats as inventory grows
A for sale sign is seen in front of a condo building in Calgary. (CTV News) According to the Calgary Real Estate Board (CREB) condo sales continue to decline in June while inventory continues to grow. June saw a year-over-year increase of 73 per cent in inventory of 2,112 listings. Inventory is now at four months while the benchmark price dipped to $333,500, down three per cent year-over-year. 'The big change here has been the supply side,' said CREB's chief economist Ann-Marie Lurie. 'Listings have really been rising,' Lurie added. 'There is a lot more choice, not just the resale side, but on the new home side, both in terms of condos as well as there's more rental availability.' Slowing migration to the city is also a factor in the condo slump according to Lurie. Areas experiencing the largest year-over-year declines are the northeast, north and southeast districts. Realtor Tanya Eklund, who has sold properties in the inner city for 25 years, has noticed the trend. 'The apartment condo market in Calgary has really seen a huge shift in the last 30 to 45 days,' said Eklund. Eklund provided an example of a unit for sale in Edenwold Heights. 'This condo last year would have sold for $320,000 now,' said Eklund. 'We will be lucky to get $300,000 (in 2025). We are listed at $312,000 and there are six other units listed in the same building. 'Higher supply and clearly less demand based on the amount of showings I am getting,' she added. The Calgary Real Estate Board doesn't anticipate the trend slowing down anytime soon. 'There still is more supply coming. We have a lot of product that currently is under construction,' said Lurie. According to Lurie, there are over 14,000 units under construction in Calgary.
CTV News
19 minutes ago
- CTV News
Automakers ‘cautiously optimistic' on EV mandate changes after meeting with Carney
Liberal leader Mark Carney reacts as he participates in a demonstration during a tour of an auto parts factory on Friday, April 4, 2025 in Vaughan, Ont. THE CANADIAN PRESS/Adrian Wyld OTTAWA — The head of an organization representing automakers said he's 'cautiously optimistic' after meeting with Prime Minister Mark Carney to urge him to repeal the electric vehicle sales mandate. Canadian Vehicle Manufacturers' Association CEO Brian Kingston joined the CEOs of Ford Canada, Stellantis Canada and GM Canada in a meeting with the prime minister Wednesday in Ottawa. Along with discussing the impact of U.S. tariffs — the primary focus of the meeting — the automakers told Carney there's no way the industry can meet the targets set out in the EV mandate. The industry has long argued the mandate is unnecessary since Canada already has other policies to meet its emissions-reduction targets. 'Why would you put an EV mandate on top of your existing (greenhouse gas) regulations? It makes absolutely no sense,' Kingston told The Canadian Press. 'Now, what's changed since it was designed and came into force is that we've had this collapse in EV sales.' The EV sales mandate requires 20 per cent of all new light-duty vehicles sold in Canada to be zero-emission as of next year. The target rises annually to 100 per cent by 2035. The most recent data from Statistics Canada shows EVs accounted for 7.53 per cent of all new vehicles sold in Canada in April. Even when aided by the popular Incentives for Zero-Emission Vehicles program — iZEV — which offered $5,000 off the cost of a new electric vehicle, EV sales peaked at 18.29 per cent in December 2024. The iZEV rebate program was suspended back in January after the funding ran out. Sales dipped to 11.95 per cent in January as the rebate program ended, then to 6.8 per cent in February and 6.53 per cent in March, before climbing slightly in April. 'If we are going to hit the 2026 mandated target of 20 per cent EV sales, you would have to grow ZEV sales by 180,000 units,' Kingston said. 'There is simply no way that that can occur on such a short timeline, given all of the current market forces at play.' While the government has indicated it plans to bring back some form of consumer rebate for electric vehicles, Kingston said making such a promise without a firm timeline for implementation promises to undermine EV sales even further. In May, after meeting with General Motors management, Industry Minister Mélanie Joly told reporters the government was looking at bringing back 'support programs' for EVs. Last month, Environment Minister Julie Dabrusin told The Canadian Press that Ottawa is working on bringing back a rebate program specifically. The Liberal party's election platform promised to look at ways to 'reintroduce a purchase incentive worth up to $5,000.' 'Comments from ministers in the public suggesting that an EV incentive is coming back are extremely damaging,' Kingston said. 'It's a huge problem. If the government is going to bring it back, they've got to be clear about that with the plan and the timeline. And it has to be quick because if you tell people it's going to be in three months, then no one will purchase an EV for the next three months.' Kingston said bringing back the rebate program — something Hyundai CEO Steve Flamand called for in a Thursday column in the Globe and Mail — wouldn't be enough to meet the EV mandate. 'Just to give you a sense of what the cost would be if you were to try and put in place a $5,000 incentive and increase sales by an additional 180,000 vehicles to meet the 2026 target, you'd be talking about nearly a billion dollars in spending,' he said. 'That is not a sustainable policy.' The government spent nearly $3 billion over the five-year lifespan of its EV rebates program. This report by The Canadian Press was first published July 3, 2025. Nick Murray, The Canadian Press
