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March 21, 2025 by 1996-O Executive

Canada’s top telecom warns trade war will add to wireless-unit challenges

Source: https://www.bnnbloomberg.ca

By Bloomberg News

Published: March 19, 2025 at 10:05AM EDT

Canada’s largest telecom company by revenue warned that a prolonged trade war will drag on economic growth, which was already hampered by a drop in domestic immigration targets.

“Everyone is going to have to get comfortable with lower volumes of sales,” BCE Inc. Chief Executive Officer Mirko Bibic said in an interview with Bloomberg.

“And then, if customers get concerned around the economic impacts of tariffs, and there’s less demand for second lines, third lines — there will still be a demand as penetration goes up, but penetration may not go up as fast.”

Canada plans to admit nearly 20% fewer permanent residents this year than in 2024, as well as fewer foreign students. This smaller pool led to a 56% year-over-year drop in net postpaid wireless subscriber additions during BCE’s fourth quarter

Read more click the above source link…

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March 21, 2025 by 1996-O Executive

Bell CEO Sounds Alarm: Trade War, Immigration Cuts May Hurt Growth

Source: https://www.iphoneincanada.ca

John Quintet

Bell Canada CEO Mirko Bibic says economic uncertainty, a trade war, and lower immigration targets are slowing telecom growth.

 “Everyone is going to have to get comfortable with lower volumes of sales,” he told Bloomberg, adding that while wireless demand will continue, growth may not be as fast.

While tariffs do not directly affect Bell, Bibic said the company is monitoring their “secondary impacts” on consumer confidence and corporate spending. “If it suppresses both of those in a dramatic fashion, then the impact will be potentially significant,” he said.

 

Read the full article click on source link above

Filed Under: Uncategorised

March 21, 2025 by 1996-O Executive

EI reforms urgently needed as Trump tariffs take hold: labour and community groups

CUPE, CLC and Unifor logos

March 19, 2025

 

The Canadian Union of Public Employees (CUPE), Unifor, the Canadian Labour Congress (CLC) and the Interprovincial EI Working Group are demanding urgent improvements to Canada’s Employment Insurance (EI) system, as workers face economic hardship due to tariffs from the United States. This EI roadmap has been endorsed by over 100 organizations and unions across the country.

“Our current EI system simply won’t cut it for the crisis that’s coming,” said CUPE National President Mark Hancock. “The federal government is putting hundreds of thousands of workers at risk if they fail to implement these changes.”

“We’re calling on all parties to immediately strengthen Canada’s social safety net and provide support to working people,” said Unifor National President Lana Payne.

CUPE, Unifor, the CLC and the Interprovincial EI Working Group are proposing measures that would make it much easier for workers to access EI and improve the benefits they receive. Key proposals would boost workers’ access to EI including for those in precarious jobs. A minimum benefit would be established as well as higher maximum earnings to ensure workers can live in dignity.

“We need to ensure all workers, especially those in precarious jobs, have the support they need,” said Mary Gellatly, co-chair of the Interprovincial EI working group. “These changes are needed for all industries and all workers across Canada so no one is left behind.”

“Urgent changes are needed short term but we also need the comprehensive EI reform that ensures lasting protections for workers into the future,” said Bea Bruske, President of the CLC.

CUPE is Canada’s largest union, representing 750,000 members across Canada. Unifor is Canada’s largest private-sector union, representing 320,000 members nationwide. The CLC brings together national and international unions, provincial and territorial federations of labour and labour councils to represent more than 3 million workers across the country. The Interprovincial EI Working Group was formed in 2013 to campaign for EI reforms, working with labour and community organizations across Canada.

Filed Under: Uncategorised

March 21, 2025 by 1996-O Executive

Unifor Auto and IPS Councils hold emergency meeting on ‘fight of our lives’

A large group photo

March 6, 2025

 

LONDON— The Unifor Auto Council and Independent Parts Suppliers (IPS) Council held an emergency joint meeting today to address the ongoing tariff threat and U.S. President Donald Trump’s open demand for Canadian auto and parts jobs to be moved to the United States.

“This is the fight of our lives. We’re going to have to lay it all on the line and be prepared to do whatever it takes. This entire industry is at risk, our plants, our jobs, everything that you have fought to achieve for years. Everything that the people before you fought for,” Unifor National President Lana Payne told the Councils.

“Our members have been living under economic warfare by the President of the United States. The threats grow by the day, the goal posts move by the day, and every day brings chaos. Trump’s plan from day one is to steal investment and jobs from this country,” Payne warned.

More than 120 Council members attended the emergency meeting to represent the 20,000 Unifor members at the Detroit Three automakers and 17,000 members employed at independent parts suppliers.

The Councils endorsed a joint statement condemning the unjust imposition and ongoing threat of tariffs and committed the full resources of local unions and the National Union to take direct action to support Canadian jobs, by whatever means necessary.

The Councils stated that the temporary pause granted to the auto industry is insufficient and is not supported by Canadian autoworkers. Until there is a full and unequivocal lifting of these unjust, punitive, and illegal tariffs on all Canadian goods, Unifor Auto and IPS Councils oppose this Trump policy, and stand in full solidarity with Canadian workers.

Read the full statement here.

“If they think they can shift production to the U.S. and not face the wrath of this union,  they have another thing coming. You don’t build here, you don’t sell here,” said Payne.

Read Unifor’s recommendations on tariff response and economic measures here.

Filed Under: Uncategorised

March 21, 2025 by 1996-O Executive

Workers stage mass rally against Bill 89: A first victory, but the fight goes on

Unifor flags and a crowd of people marching

March 19, 2025

 

Last Friday, a wave of angry workers gathered in protest in front of the Plaza Centre-Ville in Montreal, where the Chamber of Commerce of Metropolitan Montreal (CCMM) was hosting an event in the presence of the Minister of Labour, Jean Boulet. Boulet was set to speak on a range of economic issues, but when confronted with the protest by unionized workers, he decided to withdraw and cancel his speech.

Bill 89, which seeks to limit the duration of strikes and lockouts, constitutes an unprecedented attack on union rights in Quebec. By restricting workers’ bargaining power, this legislation could severely disrupt the balance of labour relations and weaken unions’ ability to protect their members.

Attempt by the government to pass legislation under the radar

At a time when Quebecers are worried about escalating trade tensions between Canada and the United States, the Legault government is quietly trying to impose major changes that threaten union gains. But this attempt to ram through the bill is fooling no one. Quebec workers have always defended their rights with determination, and they will not stand by and let this legislation erode their bargaining power.

Unjustified police response ratchets up the tension

Despite what was a peaceful protest, the police used pepper spray against the demonstrators, ratcheting up the tension at the event. Rather than listen to the workers’ legitimate demands, the government chose repression. This use of force against citizens defending their rights is unacceptable, and illustrates the government’s contempt for the people who drive our economy.

A mobilization that advances our agenda, but the fight continues

The cancellation of Minister Boulet’s participation in this event is a first victory and proves that mobilization works. But the battle is far from over. We must keep up the pressure on the government to force it to withdraw this unacceptable bill.

“This government is trying to silence the voice of workers, but we’re responding with determination: we will not back down,” said Daniel Cloutier, Unifor’s Quebec director. “This victory is just the beginning, and we won’t rest until Bill 89 is completely withdrawn.”

A first step

The workers of Quebec have sent a strong message: they will not give up hard-won gains without a fight. Unifor and the entire labour movement remain mobilized and ready to step up the pressure. If the government thinks it can pass this law on the sly, it is sorely mistaken. This is just the first salvo in the union’s response.

Filed Under: Uncategorised

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