Air Canada reaches tentative deal with 3 unions

Air Canada said late Monday that it has reached tentative deals on pension funding moratorium and collective agreement extension with three of its unions.

The airline said in a release late Monday it reached the agreements with the International Association of Machinists and Aerospace Workers, the Canadian Auto Workers union and the Canadian Airlines Dispatchers Association.

Collectively, they represent 16,500 employees or more than 60 per cent of its unionized workforce in Canada.

Air Canada reaches tentative deal with 3 unions

Air Canada said late Monday that it has reached tentative deals on pension funding moratorium and collective agreement extension with three of its unions.

The airline said in a release late Monday it reached the agreements with the International Association of Machinists and Aerospace Workers, the Canadian Auto Workers union and the Canadian Airlines Dispatchers Association.

Collectively, they represent 16,500 employees or more than 60 per cent of its unionized workforce in Canada.

Air Canada reaches tentative deal with 3 unions

Air Canada said late Monday that it has reached tentative deals on pension funding moratorium and collective agreement extension with three of its unions.

The airline said in a release late Monday it reached the agreements with the International Association of Machinists and Aerospace Workers, the Canadian Auto Workers union and the Canadian Airlines Dispatchers Association.

Collectively, they represent 16,500 employees or more than 60 per cent of its unionized workforce in Canada.

Air Canada reaches tentative deal with 3 unions

Air Canada said late Monday that it has reached tentative deals on pension funding moratorium and collective agreement extension with three of its unions.

The airline said in a release late Monday it reached the agreements with the International Association of Machinists and Aerospace Workers, the Canadian Auto Workers union and the Canadian Airlines Dispatchers Association.

Collectively, they represent 16,500 employees or more than 60 per cent of its unionized workforce in Canada.

Housing starts rebound to top forecast in May

Canada's housing construction sector had a better-than-expected May as the seasonally adjusted, annualized rate of starts rose to 128,400 for the month.

That was ahead of the 126,000 annualized rate that economists had forecast.

In April, the seasonally adjusted annualized rate was 117,600.

"This morning’s housing starts data for May from CMHC provided us with the first sign that a bottom might be forming in Canadian homebuilding activity," said TD Bank economist Pascal Gauthier.

Housing starts rebound to top forecast in May

Canada's housing construction sector had a better-than-expected May as the seasonally adjusted, annualized rate of starts rose to 128,400 for the month.

That was ahead of the 126,000 annualized rate that economists had forecast.

In April, the seasonally adjusted annualized rate was 117,600.

"This morning’s housing starts data for May from CMHC provided us with the first sign that a bottom might be forming in Canadian homebuilding activity," said TD Bank economist Pascal Gauthier.

Housing starts rebound to top forecast in May

Canada's housing construction sector had a better-than-expected May as the seasonally adjusted, annualized rate of starts rose to 128,400 for the month.

That was ahead of the 126,000 annualized rate that economists had forecast.

In April, the seasonally adjusted annualized rate was 117,600.

"This morning’s housing starts data for May from CMHC provided us with the first sign that a bottom might be forming in Canadian homebuilding activity," said TD Bank economist Pascal Gauthier.