GM confirms it will shut down production in Oshawa next year
GM is shutting down production at its plant in Oshawa.
The company plans to shut down production in 2019, laying off nearly 3,000 workers as part of restructuring to save $6 billion by 2020. Workers walked off the job today with some saying the union may set up a blockade. Doug Ford responded to the announcement saying Ontario will make sure all three levels of government help the impacted families.
Senate to decide on postal worker strike today
Canada’s senators will decide on forcing an end to the postal strikes across the country.
The final decision is expected to come by late afternoon, and if passed, the bill could take effect by Tuesday. In the meantime, the workers’ union is taking a last shot at negotiating a fair deal with Canada Post before the bill is passed.
Aeroplan deal officially signed between Air Canada and Aimia
Your Aeroplan miles will still be good with Air Canada.
The company has officially signed a $450 million deal to take ownership of the plan program from Aimia. It will also partner with Visa, TD and CIBC to offer Aeroplan credit cards. Amex is reportedly in talks to continue offering its Aeroplan credit card as well.