financetom
Business
financetom
/
Business
/
Trudeau says government will not intervene in Air Canada dispute with pilots
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trudeau says government will not intervene in Air Canada dispute with pilots
Sep 13, 2024 12:20 PM

OTTAWA (Reuters) -The Canadian government will not intervene to end a dispute between Air Canada ( ACDVF ) and its pilots and intends instead to pressure both sides to avert a strike, Prime Minister Justin Trudeau said on Friday.

A stoppage could start as soon as Sept. 18. Air Canada ( ACDVF ) and its low-cost subsidiary Air Canada Rouge together operate nearly 670 flights per day, and a shutdown could affect 110,000 passengers daily as well as freight carriage.

Airline and business groups want the Liberal government to force the two sides into binding arbitration before a strike starts, an idea that Trudeau dismissed.

"I'm not going to put my thumb on the scale on either side. It is up to Air Canada ( ACDVF ) and the pilots' union to do the work to figure out how to make sure that they are not hurting millions of Canadians," he told reporters in Quebec.

"Every time there's a strike, people say 'Oh, you'll get the government to come in and fix it' - we're not going to do that. We believe in collective bargaining, and we're going to keep pushing people to do it."

Labour Minister Steven MacKinnon met both the company and the union on Thursday. Both sides are still far apart on the question of wages.

MacKinnon has broad powers to tackle disputes and last month intervened within 24 hours to end a stoppage at the country's two largest railway companies, Canadian Pacific Kansas City and Canadian National Railway.

Air Canada ( ACDVF ) says this set a precedent. But while Ottawa has intervened several times in labor disputes over the last few decades, it has only done so after stoppages have begun, not before.

"We are not going to interfere, we are not going to take action before it really becomes very clear that there is no goodwill at the negotiating table," said Trudeau.

The Business Council of Canada, the Canadian Chamber of Commerce, and the U.S. Chamber of Commerce issued a joint statement on Friday calling on Ottawa to intervene to prevent a strike before it began.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Dick's Sporting Goods Completes Acquisition of Foot Locker
Dick's Sporting Goods Completes Acquisition of Foot Locker
Sep 8, 2025
08:18 AM EDT, 09/08/2025 (MT Newswires) -- Dick's Sporting Goods (DKS) said Monday that it has completed its acquisition of footwear and apparel retailer Foot Locker ( FL ). The transaction is anticipated to be accretive to Dick's Sporting Goods' earnings per share in fiscal 2026, the company said, adding that the deal is likely deliver between $100 million to...
RTX Wins $205 Million US Navy Contract
RTX Wins $205 Million US Navy Contract
Sep 8, 2025
08:18 AM EDT, 09/08/2025 (MT Newswires) -- RTX (RTX) said Monday it has been awarded a $205 million contract from the US Navy for continued production of the Phalanx Close-In Weapon System. The company said it will provide upgrades, conversions, overhauls and related equipment under this contract. The Phalanx weapon system is a rapid-fire, computer-controlled, radar-guided gun and is installed...
The IPO Floodgates Just Opened for Fall—And These Sectors Are Leading the Charge Back
The IPO Floodgates Just Opened for Fall—And These Sectors Are Leading the Charge Back
Sep 8, 2025
The dormant IPO market just roared back to life this week as a parade of companies from crypto exchanges to coffee chains launched public offerings, signaling that investor appetite for new stocks is finally recovering from months of tariff-induced paralysis. Klarna, Gemini, Black Rock Coffee Bar, Figure Technology, and Legence all kicked off roadshows Tuesday, marking the unofficial start of...
Norwegian Cruise Line Unit Launches Senior Notes Offering, Debt Tender Offer; Shares Fall Pre-Bell
Norwegian Cruise Line Unit Launches Senior Notes Offering, Debt Tender Offer; Shares Fall Pre-Bell
Sep 8, 2025
08:18 AM EDT, 09/08/2025 (MT Newswires) -- Norwegian Cruise Line Holdings ( NCLH ) said Monday its NCL subsidiary plans to offer $1.03 billion in senior notes due 2031 and 2033 via a private offering. The company said it will use net proceeds with cash on hand to fund a separate tender offer for its 5.875% senior notes due 2026,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved