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☆ Exclusive: CEZ plans to bid for Czech gas distribution network GasNet
▼ + stars: | 2023-08-07 | by ( Jan Lopatka | ) www.reuters.com time to read: +3 min

Electricity transmission lines carry power from CEZ's Ledvice coal-fired power plant near the village of Ledvice, Czech Republic, February 9, 2016. REUTERS/David W Cerny/File PhotoPRAGUE, Aug 7 (Reuters) - Czech electricity producer CEZ (CEZP.PR) plans to bid for the country's gas distribution network GasNet if it goes on sale, CEZ's deputy chairman said, as it would complement CEZ's expansion into gas, a transitional fuel in the shift from coal to clean energy. Pavel Cyrani told Reuters that CEZ would bid when a formal sale process is launched for GasNet, adding the unit would also be a good fit for CEZ's electricity distribution business. GasNet, owned through Czech Gas Network Investments by a consortium led by Macquarie Asset Management and including British Columbia Investment Management Corporation and Allianz Capital, covers 80% of the country's gas distribution through a network of 65,000 km of gas pipelines. "Having gas distribution in the hands of a strong local player would clearly help us in this effort," a spokesman said.

Persons: David W Cerny, Pavel Cyrani, Cyrani, Macquarie, GasNet, Jan Lopatka, Jason Hovet, Susan Fenton, Louise Heavens Organizations: REUTERS, Reuters, Czech Gas Network Investments, Macquarie Asset Management, Columbia Investment Management Corporation, Allianz Capital, Thomson Locations: Ledvice, Czech Republic, Czech, Prague, Ukraine

☆ Canada guarantees up to $2.2 billion in fresh loans to Trans Mountain expansion project
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +2 min

Companies Kinder Morgan Inc FollowAug 5 (Reuters) - A Canadian government agency has guaranteed fresh commercial loans of up to C$3 billion ($2.2 billion) to the controversial Trans Mountain pipeline expansion project that has suffered repeated cost overruns. Prime Minister Justin Trudeau's Liberal government bought the Trans Mountain pipeline in 2018 from Kinder Morgan Inc (KMI.N) to ensure the expansion project got built and provided a C$10 billion loan guarantee to TMC. It is meant to unlock Asian markets for Canadian oil, which is mostly exported to the United States now. TMC had received a up to C$3 billion loan guarantee between late March and early May this year and had received a C$10 billion loan guarantee in 2022 from the federal government. Canada's finance ministry did not immediately respond to a Reuters request for comment on the fresh loan guarantee.

Persons: Justin Trudeau's, Chrystia Freeland, Anirudh, Alistair Bell Organizations: Kinder Morgan, Canadian, Export Development Canada, Justin Trudeau's Liberal, Kinder Morgan Inc, TMC, Finance, Liberal, Thomson Locations: United States, Burnaby , British Columbia, Bengaluru

☆ Western Canada dock workers vote to accept contract offer
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Chris Helgren/File Photo/File PhotoAug 4 (Reuters) - Dock workers in Western Canada voted to accept an improved labor contract after a month-long dispute that affected trade and disrupted operations at the country's busiest ports, their union said on Friday. The vote was 74.66% in favor of the terms of the settlement, the International Longshore and Warehouse Union (ILWU) said in a statement. The union provisionally agreed to a new contract on Sunday, averting an immediate strike, but the agreement needed to be approved by workers. The government had directed the Canada Industrial Relations Board to resolve the dispute after workers rejected a previous contract. Ottawa was seeking to keep two of Canada's three busiest ports - Vancouver and Prince Rupert - open.

Persons: Chris Helgren, Prince Rupert, Seamus O'Regan, ILWU, O'Regan, David Ljunggren, Gursimran Kaur, Simon Cameron, Moore, William Mallard Organizations: Port, Warehouse Union, REUTERS, Canada Industrial Relations Board, Ottawa, Canada's, British Columbia Maritime Employers Association, Canada’s, Thomson Locations: Vancouver, Vancouver , British Columbia, Canada, Western Canada, British, Canada’s West Coast, Bengaluru

☆ Canada dock workers vote to accept contract offer
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Chris Helgren/File Photo/File PhotoAug 4 (Reuters) - Dock workers in Western Canada voted to accept an improved labor contract after a month-long dispute that affected trade and disrupted operations at the country's busiest ports, their union said on Friday. The vote was 74.66% in favor of the terms of the settlement, the International Longshore and Warehouse Union (ILWU) said in a statement. The government had directed the Canada Industrial Relations Board to resolve the dispute after workers rejected a previous contract. Ottawa was seeking to keep two of Canada's three busiest ports - Vancouver and Prince Rupert - open. The union provisionally agreed to a new contract on Sunday, averting an immediate strike, but the agreement needed to be approved by workers.

Persons: Chris Helgren, Prince Rupert, David Ljunggren, Gursimran Kaur, Simon Cameron, Moore, William Mallard Organizations: Port, Warehouse Union, REUTERS, Canada Industrial Relations Board, Ottawa, British Columbia Maritime Employers Association, Thomson Locations: Vancouver, Vancouver , British Columbia, Canada, Western Canada, British, Bengaluru

☆ Canadian Prime Minister Justin Trudeau and his wife Sophie are separating after 18 years of marriage. Here's a complete timeline of their relationship.
▼ + stars: | 2023-08-05 | by ( Maria Noyen | ) www.businessinsider.com time to read: +2 min

Justin Trudeau and Sophie Grégoire Trudeau met as kids, but only began a romantic relationship after reconnecting as adults in the early 2000s. Canadian Prime Minister Justin Trudeau and Sophie Grégoire Trudeau during the G20 Summit on July 7, 2017, in Hamburg, Germany. Sophie told Maclean she recalled having her first kiss with Justin when they were kids in his childhood home. Sophie went on to become an entertainment journalist. "I'm a dreamer and a romantic," Sophie said.

Persons: Justin Trudeau, Sophie Grégoire Trudeau, Mikhail Svetlov, Sophie, Justin, Michel Trudeau, Maclean, Michel, Pierre Trudeau, cohosting, Justin the, Justin didn't, I've Organizations: Canadian, Montreal Gazette, Vogue Locations: Hamburg, Germany, Mount Royal, Montreal, British Columbia

☆ Canada govt body guarantees up to $2.2 bln fresh loan to Trans Mountain expansion project
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +2 min

It is meant to unlock Asian markets for Canadian oil, which is mostly exported to the United States now. Critics have also slammed the ownership of a pipeline project by the Liberal government, which they argue runs counter to Trudeau's ambitious climate goals. TMC had received a up to C$3 billion loan guarantee between late March and early May this year and had received a C$10 billion loan guarantee in 2022 from the federal government. Canada's finance ministry did not immediately respond to a Reuters request for comment on the fresh loan guarantee. In June, a finance ministry spokesperson said the loan guarantee was "common practice" and did not reflect any new public spending.

☆ Striking Hollywood writers, studios meet to discuss resuming talks
▼ + stars: | 2023-08-04 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +4 min

[1/5] SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line during their ongoing strike outside Paramount Studios in Los Angeles, California, U.S., August 2, 2023. REUTERS/Mario AnzuoniLOS ANGELES, Aug 4 (Reuters) - As the Hollywood writers' strike approaches the 100-day mark, Writers Guild of America (WGA) negotiators will meet on Friday with representatives of the major studios for the first time in three months to discuss whether contract talks can resume. "We challenge the studios and AMPTP to come to the meeting they called for this Friday with a new playbook," the WGA said in an email. Fox is expected to announce that television's Emmy Awards will be rescheduled to air in January due to the strikes, the Los Angeles Times reported, citing a person familiar with the plans. Reporting by Dawn Chmielewski in Los Angeles; additional reporting by Danielle Broadway in Los Angeles Editing by Mary Milliken and David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Mario, Walt Disney, Fox, Jorge A . Reyes, Kevin Hill, Dawn Chmielewski, Danielle Broadway, Mary Milliken, David Gregorio Our Organizations: Writers Guild of America, Paramount Studios, REUTERS, Hollywood, Guild of America, WGA, Television Producers, Walt, Netflix, Screen Actors, Los Angeles Times, Warner Bros Discovery, Thomson Locations: Los Angeles , California, U.S, Los Angeles

☆ Canadian wildfire emissions double previous record as flames rage on
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +3 min

The estimated Canadian fires emissions account for over 25% of the global total for 2023 to date, and are well above the previous Canadian record of 138 million tonnes registered in 2014, Copernicus said on Thursday. This year's wildfire season is also the worst on record for area burned, with about 131,000 square kilometres (50,579 square miles) already scorched across eastern and western Canada. Wildfire smoke is linked to higher rates of heart attacks, strokes, and more visits to emergency rooms for respiratory conditions. It's estimated that Canada's northern boreal forest stores more than 200 billion tonnes of carbon — equivalent to several decades worth of global carbon emissions. The carbon released is roughly equivalent to Indonesia's annual carbon dioxide emissions from the burning of fossil fuels.

Persons: Jesse Winter, Copernicus, Mark Parrington, Ismail Shakil, Aurora Ellis Organizations: REUTERS, OTTAWA, Atmospheric Monitoring Service, Canadian Interagency Forest Fire, New, Thomson Locations: Canada, U.S, Washington, Osoyoos, British Columbia, Greece, New York City, Toronto, Ottawa

☆ Unprecedented Canada wildfires obliterate previous annual pollution record in just seven months
▼ + stars: | 2023-08-03 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

An aerial view of wildfire of Tatkin Lake in British Columbia, Canada on July 10, 2023. The intensity of Canada's raging wildfires have generated record levels of carbon emissions, the EU's climate monitor said Thursday. Europe's Copernicus Atmosphere Monitoring Service (CAMS) found that accumulated carbon emissions from Canadian wildfires had soared to 290 megatons in just the first seven months of 2023. That is already more than double Canada's previous whole-year record and accounts for over 25% of the global total year-to-date. We support users in mitigating the impacts through monitoring the fire activity and intensity, and the emitted smoke," Parrington said.

Persons: Mark Parrington, Parrington Organizations: Monitoring Service, Northern, CAMS Locations: Lake, British Columbia, Canada, Portugal, South Korea, U.S

☆ Remarkable fossils reveal jellyfish that lived 505 million years ago
▼ + stars: | 2023-08-02 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —The oldest examples of swimming jellyfish, which lived in Earth’s oceans 505 million years ago, have been discovered high within the Canadian Rockies. The multitude of Burgessomedusa phasmiformis fossils at the site showed that large, swimming bell-shaped jellyfish evolved more than 500 million years ago. The Burgess Shale was first discovered in 1909 by Charles D. Walcott, secretary of the Smithsonian Institution in Washington, DC. The more that researchers study fossils from the Burgess Shale, the more complex the ancient food chain becomes. “This adds yet another remarkable lineage of animals that the Burgess Shale has preserved chronicling the evolution of life on Earth.”

Persons: Burgess, Jean, Bernard Caron, Medusozoans, ”, Joe Moysiuk, Desmond Collins, Raymond Quarry, Charles D, Walcott, Royal Ontario Museum’s Richard Ivey Organizations: CNN, Canadian Rockies, Royal Ontario Museum, Royal Society, University of Toronto, Royal Ontario, Smithsonian Institution Locations: Burgess, Canada's, British Columbia, Washington ,

☆ Switched at Birth, Two Canadians Discover Their Roots at 67
▼ + stars: | 2023-08-02 | by ( Norimitsu Onishi | More About Norimitsu Onishi | ) www.nytimes.com time to read: +1 min

Richard Beauvais’s identity began unraveling two years ago, after one of his daughters became interested in his ancestry. She wanted to learn more about his Indigenous roots — she was even considering getting an Indigenous tattoo — and urged him to take an at-home DNA test. Mr. Beauvais, then 65, had spent a lifetime describing himself as “half French, half Indian,” or Métis, and he had grown up with his grandparents in a log house in a Métis settlement. Mr. Ambrose had grown up listening to Ukrainian folk songs, attending Mass in Ukrainian and devouring pierogies, but, according to the test, he wasn’t of Ukrainian descent at all. And so, after a first contact through the test’s website, and months of emails, anguished phone calls and sleepless nights in both men’s families, Mr. Beauvais and Mr. Ambrose came to the conclusion two years ago that they had been switched at birth.

Persons: Richard Beauvais’s, Beauvais, Eddy Ambrose’s, Ambrose Locations: British Columbia, Manitoba

☆ A real estate agent was fined $15,000 for drinking milk out of a carton from a seller's fridge
▼ + stars: | 2023-08-01 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

A homeowner captured a real-estate agent drinking milk out of a carton from her fridge during a showing. According to the homeowner, the surveillance footage also showed Rose lounging on her couch and accidentally breaking its arm, the newspaper reported. "This was unprofessional in so many ways," Fullerton told The Post. The newspaper reported that Fullerton said Rose replied, "The milk?" Soon after, Fullerton reported the agent, explaining to The Post that it wasn't so much about the milk, but more that the agent had failed to disclose his actions to her.

Persons: Mike Rose, Lyska Fullerton, Rose, Fullerton, Rose lounging Organizations: The Washington, Service, Washington Post, Fullerton, British Columbia Financial Services Authority, British Columbia Real Estate Services, The, CFJC, realtors Locations: Wall, Silicon, Canada, Kamloops , British Columbia, British

☆ York Fire in Nevada and California spawns 'fire whirls'
▼ + stars: | 2023-08-01 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +5 min

CNN —A massive, out-of-control fire burning across both California and Nevada is generating extreme fire behavior, spawning “fire whirls” and creating dangerous conditions for firefighters, authorities said. Firefighters battling the blaze have seen fire whirls – “a vortex of flames and smoke that forms when intense heat and turbulent winds combine, creating a spinning column of fire,” the Mojave National Preserve said Sunday. Crews battlling the York Fire faced "fire whirls" Sunday in the Mojave National Preserve, California. Ty O'Neil/AP“These fire whirls are similar to dust devils but are specifically associated with the heat and energy released by a wildfire,” the Mojave National Preserve said. The struggle to control the York Fire has allowed smoke to reach into Nevada and southern Utah, the fire incident overview noted.

Persons: Crews, Ty O'Neil, “, Carr, Jesse Winter, Jeffrey Todd, Erick Thompson, SpokanSector, Hayden Organizations: CNN, York, US, California -, Firefighters, Preserve, National Interagency Fire Center, National Interagency, Center, Reuters, British Columbia Wildfire Service, Regional, of, US Border Patrol Spokane Sector, Facebook, Forest, US Forest Service Locations: California, Nevada, New, Canadian, California - Nevada, , California, Redding , California, Utah, East Las Vegas , Boulder City, Henderson, Clark County , Nevada, Canada, Washington, Washington’s Okanogan County, Bluff, British, Osoyoos, of Okanagan, Oroville, ”, Challis, Leadore , Idaho

☆ New tentative labor deal reached in Canadian port negotiations
▼ + stars: | 2023-07-31 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

The International Longshore and Warehouse Union of Canada (ILWU) and the British Columbia Maritime Employers Association (BCMEA) late Sunday announced a tentative labor agreement. Canadian Labor Minister Seamus O'Regan commented Monday morning on the announcement of another tentative deal. This latest tentative deal does not mean the uncertainty is over. The first tentative labor deal was rejected by the union body in a two-day vote last week. A 14-day strike has led to more than 16 canceled sailings to the Canadian ports, according to maritime intelligence company, eeSea.

Persons: Rob Ashton, Ashton, Seamus O'Regan, Berkshire Hathaway, John Brooks, Brooks Organizations: Warehouse Union of Canada, British Columbia Maritime Employers Association, Sunday, Canada Industrial Relations, ILWU, Canadian Labor, Canadian, Canadian Pacific Kansas City, Canadian National Railway, U.S, BNSF, Union Pacific, Norfolk Southern, CSX, Pacific Kansas City Locations: Burrard, North Vancouver, British, ILWU Canada, Canadian Pacific, U.S, Berkshire, East, Pacific Kansas

Arif Virani, a Toronto member of parliament, was appointed justice minister in a broad cabinet shuffle by Prime Minister Justin Trudeau last week. "I think that empirically it's unlikely" Canada is becoming less safe, Virani told Reuters in an interview on Monday. According to Statistics Canada, the country's police-reported crime rate increased 5% last year, with the violent crime rate increasing 2%. An April poll by Leger found nearly two-thirds of Canadians surveyed thought crime had gotten worse where they lived. Canada will allow people whose sole underlying condition is a mental illness to access assisted death starting in March.

Persons: Arif Virani, Justin Trudeau, Virani, Leger, Anna Mehler Paperny, Matthew Lewis Organizations: TORONTO, Reuters, Statistics Canada, Calgary, Thomson Locations: Toronto, Canada, Uganda, Surrey, British Columbia

☆ BC wildfires: Explosive Washington fire burns across Canadian border and forces evacuations
▼ + stars: | 2023-07-31 | by ( Mary Gilbert | ) edition.cnn.com time to read: +4 min

CNN —An out-of-control blaze burning in northern Washington state exploded in size, crossed the Canadian border and set off a cascade of evacuations over the weekend. Evacuations were ordered on Saturday for more than 700 properties in the Canadian town of Osoyoos, British Columbia, after the fire crossed the border. The fire remains completely uncontained in both countries, according to Washington and Canadian fire officials. The United States’ fire season has been pacing below average in terms of acres burned so far this year. The US wildfire season may pick up pace as August arrives.

Persons: ”, Jesse Winter, “, ” Bruce Ralston Organizations: CNN, National Interagency Fire, York, United, National Interagency, Center, Environment Canada, Forests, Canadian Interagency Forest Fire Locations: Washington, Washington’s Okanogan County, Canadian, Osoyoos, British Columbia, Okanogan County , Washington, Canada, Southern, California, Nevada, United States, Pacific Northwest, Mississippi

☆ Evacuation order issued for Canadian town as wildfire crosses over from US
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: +1 min

[1/7] A long exposure image shows the Eagle Bluffs Wildfire, which crossed the border from the U.S. state of Washington, and prompted evacuation orders in Osoyoos, British Columbia, Canada July 30, 2023. REUTERS/Jesse WinterJuly 30 (Reuters) - An evacuation order for the Canadian town of Osoyoos and its surrounding district has been issued due to an out-of-control wildfire that has crossed the border from the U.S. state of Washington. The wildfire, called Eagle Bluff, is approximately 4 kilometres (2.49 miles) from Osoyoos, according to the British Columbia Wildfire Service. Osoyoos and the regional district of Okanagan-Similkameen issued the alert late Saturday night, citing "potential danger to life and health". The evacuation order covers the area north of the Canada-United States border to the intersection of Highway 97 and Highway 3, as well as west and north along Highway 3.

Persons: Jesse Winter, Rishabh, Edwina Gibbs Organizations: REUTERS, British Columbia Wildfire Service, Similkameen, Thomson Locations: U.S ., Washington, Osoyoos, British Columbia, Canada, British, Okanagan, United States, Bengaluru

☆ Six people dead after small plane crashes in Calgary
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: +1 min

July 29 (Reuters) - Six people have died after a small plane crashed in Kananaskis Country, a mountainous region west of Calgary, the Royal Canadian Mounted Police (RCMP) said on Saturday. The RCMP said an aircraft with five passengers and a pilot left Springbank Airport near Calgary on Friday night en route to Salmon Arm, British Columbia. Ryan Singleton said contact was lost with the plane around 9:30 p.m. local time (0330 GMT Saturday). Shortly after the plane was reported overdue, a search was conducted by a Royal Canadian Air Force (RCAF) squadron based in Winnipeg. However, all six people in the plane had died, Singleton said.

Persons: Ryan Singleton, Singleton, Rishabh, Lincoln Organizations: Royal Canadian Mounted Police, RCMP, Springbank, British Columbia, RCMP Staff, Royal Canadian Air Force, Alberta Parks Mountain, Transport, Board, Canada, Thomson Locations: Calgary, Salmon, British, Winnipeg ., Alberta, Bengaluru

☆ Dock workers at key Canadian ports reject labor deal, creating further trade uncertainty
▼ + stars: | 2023-07-29 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesOverseas trade entering North America through key ports on Canada's West Coast faces more uncertainty after dock workers rejected a tentative labor deal late Friday. Canadian Minister of Labor Seamus O'Reagan, in a Twitter post Saturday, said ports in British Columbia need stability after the 14 days of strikes. "The vessel was delayed by several weeks and now the rail-bound containers sit at the Ports of Vancouver and Prince Rupert." For the third week in a row, rail traffic from Canada into the U.S. is down following the on-again, off-again western Canadian ports strike. The first two weeks of the labor strike prevented over 80% of rail trade from entering the United States.

Persons: Rob Ashton, BCMEA, ILWU, Labor Seamus O'Reagan, O'Reagan, Paul Brashier, Vancouver and Prince Rupert, Steve Lamar, AAFA Organizations: Global, Bloomberg, Getty Images Overseas, Warehouse Union of Canada, British Columbia Maritime Employers Association, Labor, . Trade, U.S ., ITS Logistics, American Apparel and Footwear Association Locations: Vancouver Harbour, Vancouver , British Columbia, Canada, North America, Coast, British, ILWU Canada, British Columbia, U.S . West Coast, Vancouver, U.S, United States

☆ 6 steps to protect yourself from extreme temperatures, says author of 'The Heat Will Kill You First'
▼ + stars: | 2023-07-27 | by ( Renée Onque | ) www.cnbc.com time to read: +1 min

"We have record heat waves all over the world simultaneously," says Jeff Goodell, journalist and author of the recently released book "The Heat Will Kill You First." Collectively, several countries in the Northern Hemisphere have experienced extreme heat waves this July, from Mexico to southern Europe. Extreme heat isn't just unpleasant: it can be dangerous, too. This is especially true for places with climates that don't normally experience extreme heat and where few people have air conditioners in their homes. "The risks to your body, to your health, to your life are all about your body temperature getting hotter and hotter," Goodell says.

Persons: Jeff Goodell, Goodell Organizations: Phoenix, University of Maine's, Northern Locations: Mexico, Europe, British Columbia

☆ Imperial Oil spill into lagoon contaminates flock of Canada geese
▼ + stars: | 2023-07-26 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

July 26 (Reuters) - Canada's Imperial Oil (IMO.TO) spilled crude oil into a process-water lagoon at its Mahihkan plant in northern Alberta, contaminating a flock of geese, the Alberta Energy Regulator (AER) said on Wednesday. The spill of around six barrels of oil, which took place on Monday, is the latest environmental lapse by the oil sands company. Earlier this year it emerged that toxic tailings water had been seeping for months from Imperial's Kearl mine, and a second separate leak occurred in February. Twelve Canada geese became smeared with oil after landing on the lagoon, the AER said in an incident report on its website. In the last week a dead frog and two dead minnows were found near the seepage site and were collected for additional testing, Imperial said.

Persons: Lisa Schmidt, Imperial, Schmidt, Nia Williams, Sandra Maler Organizations: Alberta Energy Regulator, Imperial, Thomson Locations: Alberta, Imperial, British Columbia

☆ Airlines shares hit turbulence on Alaska's dour forecast, RTX engine problem
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +2 min

[1/2] An Alaska Airlines Boeing 737-900ER airplane prepares to land at Vancouver's international airport in Richmond, British Columbia, Canada, February 5, 2019. REUTERS/Ben Nelms/File PhotoJuly 25 (Reuters) - U.S. airlines stocks tumbled on Tuesday as investors were spooked by downbeat forecasts from Alaska Air Group (ALK.N) and a warning on jet engines by aerospace giant RTX (RTX.N). Alaska's shares plunged 11.2% in morning trade, dragging United Airlines (UAL.O), American Airlines (AAL.O), Southwest Airlines (LUV.N) and Delta Air (DAL.N) down between 2.5% and 5%. Jetblue's shares fell about 5%, while those of ultra-low-cost carrier Spirit Airlines declined about 3%. Paris-listed shares of Airbus (AIR.PA) fell 2%.

Persons: Ben Nelms, Stephen Trent, Whitney, Art Hogan, You've, Shivansh, Johann M Cherian, Tim Hepher Organizations: Alaska Airlines Boeing, REUTERS, Alaska Air Group, Investors, Citi, United Airlines, American Airlines, Southwest Airlines, Delta Air, Raytheon, Pratt, Airbus, Riley Wealth, Spirit Airlines, Jetblue Airways, Thomson Locations: Richmond , British Columbia, Canada, Alaska, Boston, Paris, Bengaluru

CNN —Smoke from more than 1,000 wildfires burning across Canada has wafted over the northern US, bringing poor air quality and pollution that threaten residents’ health to northern US cities including Chicago, Illinois, and Minneapolis, Minnesota. The bulk of the country’s wildfires are burning in British Columbia, where more than 460 fires are ongoing, the agency reports. The EPA in Illinois has declared an “Air Pollution Action Day” through Tuesday due to the “persistent” wildfire smoke causing elevated air pollution in the region. Wildfire smoke is packed with tiny pollutants – known as particulate matter – that can infiltrate the lungs and blood stream if inhaled. Hundreds of British Columbia’s fires have been ignited by lightning strikes from thunderstorms, according to the British Columbia Wildfire Service.

Persons: Wednesday – Organizations: CNN, Canadian Interagency Forest Fire, National Weather Service, Wednesday, US Centers for Disease Control, Prevention, Canada, British Columbia, Canadian Armed Forces, Public Safety Canada, British Columbia Wildfire Service Locations: Canada, Chicago , Illinois, Minneapolis , Minnesota, Chicago , Minneapolis, Detroit , Michigan, Great, British Columbia, Michigan, Minnesota , Wisconsin , Illinois, Indiana, Montana, Vermont, Alabama, Midwest, Minneapolis, Chicago, Illinois, Wisconsin, Europe, Australia, Brazil, British

[1/3] People embrace as they stand near damage to a road, after the heaviest rain to hit the Atlantic Canadian province of Nova Scotia in more than 50 years triggered floods, in Ellershouse, West Hants Regional Municipality, Nova Scotia, Canada July 23, 2023. REUTERS/John Morris/File PhotoOTTAWA, July 24 (Reuters) - Two of the four people missing after floods ripped through the Canadian Atlantic province of Nova Scotia over the weekend are dead, Premier Tim Houston said on Monday. The floods washed away roads, swamped buildings and damaged bridges and a Canadian National Railway (CNR.TO) track connecting with Halifax, Canada's fourth-largest port. Canadian National has already restored much of the damaged infrastructure, but some repairs will be delayed until the flood waters recede, company spokesman Scott Brown said. "With supply chains the reality is the longer the disruption lasts, the more severe the impact is," he said by phone.

Persons: John Morris, Tim Houston, Houston, Scott Brown, Lane Farguson, Farguson, David Ljunggren, Nia Williams, Aurora Ellis, Grant McCool Organizations: Atlantic, Ellershouse , West, Ellershouse , West Hants Regional, REUTERS, OTTAWA, Canadian, Monday, Police, Canadian National Railway, Canada's, Canadian National, U.S . Midwest, Thomson Locations: Atlantic Canadian, of Nova Scotia, Ellershouse ,, Ellershouse , West Hants, Ellershouse , West Hants Regional Municipality , Nova Scotia, Canada, Canadian Atlantic, Halifax, Europe, Asia, Ottawa, British Columbia

☆ Canada releases framework to phase out inefficient fossil fuel subsidies
▼ + stars: | 2023-07-24 | by ( Nia Williams | ) www.reuters.com time to read: +3 min

July 24 (Reuters) - Canada on Monday released a framework for eliminating inefficient fossil fuel subsidies, making it the first G20 country to deliver on a 2009 commitment to rationalise and phase out government support for the sector. Eliminating fossil fuel subsidies is part of a deal signed between Prime Minister Justin Trudeau's minority Liberal and the New Democratic Party (NDP), formalising NDP support. Climate campaigners Environmental Defence also criticised the framework for not applying to public financing of fossil fuel projects through government-owned crown corporations, such the loan guarantees for the C$30.9 billion Trans Mountain pipeline expansion project. Ottawa plans to release a framework to phase out public financing of fossil fuel projects within the next year. "The Government of Canada must quickly take the final step and end all fossil financing – without any loopholes for fossil gas, fossil hydrogen or CCS," Environmental Defence program manager Julia Levin said in a statement.

Persons: Steven Guilbeault, Justin Trudeau's, Laurel Collins, Collins, Laura Cameron, Julia Levin, Nia Williams, Jonathan Oatis, Grant McCool Organizations: Monday, Liberal, New Democratic Party, NDP, International Institute of Sustainable Development, Trade, Pathways Alliance, CCS, Environmental Defence, Thomson Locations: Canada, Ottawa, Alberta, British Columbia

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