Canadianmoneynews

  Published August 4, 2026 If you spent the long weekend refreshing WestJet's flight status page, you can exhale a little. Early Monday morning, WestJet and the Canadian Union of Public Employees (CUPE) Local 8125 reached a tentative agreement, ending the strike that grounded most of the airline's mainline fleet starting August 2. Both the strike notice and WestJet's lockout notice have been withdrawn. That's genuinely good news if you have an upcoming WestJet booking. But "the strike is over" doesn't mean "everything is back to normal today." Here's what actually changes for your money and your travel plans. What actually happened About 4,400 WestJet cabin crew walked off the job at 12:01 a.m. Mountain Time on August 2, after contract talks broke down over unpaid ground duties and the airline's flight-credit pay system. WestJet responded with a matching lockout notice, and between the two, the airline's normal schedule of roughly 600...

  August 4, 2026 Here's what's moving your money today — a strike that's officially over, mortgage rates holding their line, a small break at the pumps, and a tariff clock that's ticking louder. 1. WestJet and its flight attendants reached a deal — the strike is over WestJet and CUPE Local 8125 announced a tentative agreement on August 3, ending the operational shutdown that grounded most of WestJet's mainline fleet after roughly 4,400 flight attendants walked out August 2. The airline had cancelled hundreds of flights and stranded thousands of travellers over the long weekend before the deal was reached. What it means for you: If you had a WestJet booking affected by the disruption, you're still entitled to a refund or rebooking. WestJet's fee-free change/cancel window for bookings made through the disruption period is also still in effect — check your confirmation email for the exact terms before you call in. 2. Mortgage rates are holding steady — for now...

  Tuesday, August 4, 2026 The TSX is back in session today after Monday's Civic Holiday closure, and it's rejoining a market that moved a lot without it. Wall Street ripped to fresh record highs Monday on a wave of Big Tech buying and a sharp drop in oil prices — only for oil to start climbing again overnight on fresh reports of an attack in the Strait of Hormuz. Here's where every major market stands as trading gets underway. 🇨🇦 TSX: Back in Session After the Holiday The Toronto Stock Exchange and Montreal Exchange were closed Monday for the Civic Holiday and resume regular trading today. The TSX's last close, Friday, July 31, left the S&P/TSX Composite at 35,226.14 , down 0.79% on the day but essentially flat over the prior week. With Wall Street posting a broad, tech-led rally in the interim, Canadian markets open today with some catching up to do — though a firmer oil price could complicate that story for energy-heavy TSX names. 🇺🇸 US Markets: Record Close, ...