business
Detroit automakers fear North American trade deal revamp could cost them billions
U.S. auto executives worry that U.S. proposals floated ahead of talks scheduled with Mexican trade officials next month could jack up costs even further. Source link
WestJet agrees to pay settlement in sexual harassment suit
WestJet has agreed to pay $4.5 million to settle a sexual harassment class-action lawsuit launched a decade ago involving more than 3,000 flight attendants, according to the lead plaintiff and her lawyer. Source link
Ontario unveils new data centre framework amid calls for moratoriums
Ontario Premier Doug Ford was in Guelph Thursday to announce the province’s new data centre framework. The framework will serve as the basis for data centre approvals in the province. The announcement comes amid widespread calls for data centre moratoriums in Ontario. Source link
Concert delayed for hours? Here’s what your ticket actually guarantees
A concert ticket guarantees entry, but what about the show time? After major delays like Ne-Yo and Akon in Calgary and a four-hour wait for Jay-Z in New York, fans are pulling back the curtain on what rights concertgoers actually hold. Source link
'An absolute gut punch': Dozens facing unemployment as South Keys Metro converts to Food Basics
A Metro grocery store in Ottawa’s South Keys neighbourhood will be replaced by a Food Basics this fall, costing dozens of employees their jobs. Source link
CUSMA breakdown could mean hundreds of thousands of jobs, trillions of dollars lost: report
A new report from the Canadian American Business Council found that a failure to renegotiate a North American trade deal would have widespread impacts on the Canadian economy, including the loss of 102,000 Canadian jobs and 214,000 American ones. On the flip side, a successful renegotiation would add jobs and boost GDP. Source link
Curaleaf to take offer directly to shareholders in bid to buy Edmonton-based Aurora Cannabis
Curaleaf Holdings Inc. says it intends to launch a takeover bid for Edmonton-based cannabis company Aurora Cannabis Inc. Curaleaf said in a news release on Tuesday it plans to make an offer to purchase all of Aurora’s issued and outstanding common shares. Source link
Investor group provides potential lifeline to Sherritt International and its Alberta refinery
A consortium including an unnamed U.S. anchor investor, Kyma Capital Ltd., Trifon Natsis and Glencore Ltd. say they submitted a non-binding recapitalization proposal to Sherritt International Corp. after U.S. sanctions against Cuba hampered the Canadian mining company. Source link
Meta launches new AI model as Zuckerberg lays out vision for open-weight AI
The tech giant released a new open-weight AI model on Monday, along with an essay from Mark Zuckerberg saying lower barriers are needed for open-weight tech in order for U.S. models to compete with Chinese ones. The letter is the most recent show of support for open-weight models after a letter from top tech firms […]
Unifor, General Motors to begin contract negotiation talks today
Unifor, the union that represents more than 4,600 members at Ontario GM facilities, is set to begin contract negotiations with General Motors today. Source link