Canada Post has reached an agreement with its second largest union after 18 months of negotiations

Canada Post has reached an agreement with Canadian Postmasters and Assistants Association, which represents postal workers in rural areas like Nunavut and Nunavik. It includes an 11 per cent wage increase over three years. The CBC's Mah Noor Mubarik has more.

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Associated Press

32 minutes ago

• Associated Press

Rush Gold Completes Initial Public Offering and Listing on CSE

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / June 20, 2025 / Rush Gold Corp. (the 'Corporation' or 'Rush') (CSE:RGN) is pleased to announce that it has completed its initial public offering (the 'Offering') of 4,500,000 common shares of the Corporation (each a 'Common Share') at a purchase price of $0.10 per Common Share, for gross proceeds (the 'Gross Proceeds') of $450,000. The Common Shares were listed on the Canadian Securities Exchange (the 'CSE') at the market open on June 20, 2025 and immediately halt traded pending closing of the Offering. The halt is expected to be lifted and trading of the Common Shares on the CSE is expected to commence on June 23, 2025 under the symbol 'RGN'. The Company intends to use the net proceeds from the Offering towards exploration of the Corporation's Skylight gold property, for general and administrative purposes and for working capital purposes, all as set out in more detail in the Corporation's final long form prospectus dated May 16, 2025 (the 'Prospectus'), filed in each of the provinces of British Columbia, Alberta and Ontario. Research Capital Corporation (the 'Agent') acted as agent for the Offering, pursuant to an agency agreement between the Agent and the Corporation dated May 16, 2025. In consideration for the services provided by the Agent, the Corporation: (i) paid the Agent a $45,000 cash commission, which is equal to 10% of the Gross Proceeds; (ii) paid the Agent a corporate finance fee of $29,925, inclusive of applicable taxes; (iii) issued the Agent 250,000 Common Shares with an aggregate deemed value of $25,000; and (iv) granted the Agent an option to acquire up to 450,000 Common Shares at a price of $0.10 per Common Share until June 20, 2027. As of the date hereof, the Corporation has 15,493,500 Common Shares issued and outstanding, of which 4,605,000 are escrowed pursuant to an escrow agreement among the Corporation, certain principals of the Corporation and Endeavor Trust Corporation dated May 16, 2025. Anthony Zelen, CEO of Rush, commented: 'Today marks a pivotal moment for Rush Gold, as we have completed our IPO and are set to commence trading on the CSE under the ticker symbol 'RGN' on June 23, 2025. As gold prices have recently reached all-time highs, we believe our listing is well-timed. We are eager to begin exploration at our Skylight gold property in Nevada.' For further information, please see the Prospectus, available under the Corporation's profile on SEDAR+ at The offered securities were not and will not be registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act'), or any applicable state securities laws and may not be offered or sold in the United States or to 'U.S. persons', as such term is defined in Regulation S under the U.S. Securities Act, absent such registration or an applicable exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the offered securities in any jurisdiction. About Rush Gold Corp. Rush Gold Corp. is a Canadian mining exploration company focused on advancing its Skylight gold property, located in the Republic Mining District, Nye County, Nevada, in the United States of America. For further information, please contact: Anthony Zelen Director and Chief Executive Officer T: (778) 388 5258 E: [email protected] Forward-Looking Statements The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking statements, including statements respecting the anticipated trade date for the Common Shares on the CSE, the expected use of proceeds from the Offering and the Company's plans for its Skylight property. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Corporation believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Corporation disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release. SOURCE: Rush Gold Corp. press release

Yahoo

2 hours ago

• Yahoo

Jay Peak GM Calls Impact of Canadian Tariffs "Catastrophic"

Earlier this week, the United States Senate convened a forum amongst the Senate Financial Committee, and others, on the impacts of tariffs and the current administration's trade war on business, manufacturing, farming, and the tourism industry. Vermont Senator Peter Welch, who is a member of the Senate Finance Committee welcomed General Manager Steve Wright of Vermont's Jay Peak to the forum to speak on the economic impacts and cultural harm as a result of the administration's new policies. Wright's opening statement provided a stark look into how the ski area and its local economy, which sits just south of the Canadian border, has already seen dramatic impacts of the tariffs imposed by the administration. Wright cited that the ski area itself is a $70M business that's been around for 60 years, and was once even owned by a Canadian company. The towns that are closest to the ski area, Newport and Jay, are home to less than 5,000 and 550 full-time residents respectively. On any given busy day at the ski resort, the population of Jay, VT can increase to more than 10,000 people, 50% of whom are Canadian visitors traveling from towns like Toronto, Montreal, and several of the eastern townships. Due to both a close proximity and relationship with the neighboring country, Wright noted policies that had been put in place many years prior at the resort that allowed Canadians to use the Canadian dollar on products like lift tickets, entry to the water park, for golf rounds. Depending on the current status of the dollar and Canadian dollar, that's meant that a discount of around 20-35% at any given time. "Our french fries come with American gravy and Canadian cheese curds and the resort consumes equal parts Budweiser and Molson," said Wright, in a lighthearted emphasis of his to watch the full speech below. Keep reading for to keep up with the best stories and photos in skiing? Subscribe to the new Powder To The People newsletter for weekly updates. Wright continued by saying that Jay Peak and the state of Vermont are forecasting a 'potentially catastrophic amount of trouble' as it pertained to Canadians citizens unwillingness to visit the state for the 'indeterminate future.' He also touched on the increased costs of bringing in necessary operating equipment for the resort as a result of the tariffs. Located within Vermont's Northeast Kingdom, Jay Peak is the state's chief supplier of state and local taxes as well as more than 1,500 employment opportunities for Vermont's workforce, not to mention the most snow in eastern North America over the past winter, stated Wright. Despite these metrics, the ski area has already seen a massive decrease in Canadian visitorship. The 2026 fiscal year season pass sales has already seen a reduction of 35% by Canadian passholders. Wright recalled personally calling more than 150 Canadian households over the past two weeks. "They cite the Presidential Administration's flagrant disrespect of Canadian independence and not only a challenge to Canadian sovereignty but their own identity and they feel the need to respond," said Wright, summarizing the common sentiments of these phone calls. One family told him they were not sure when they'd return to Jay Peak, if ever. Beyond just Jay Peak, the 50,000 yearly Canadian visitors inject $150M into Vermont's economy annually, a number that has already seen suffering as a result of the tariffs. Wright closes his statement by noting the optimism required to work in the ski industry, one that is based largely on remote locations, fickle weather, and a lack of affordable housing. "The very last thing we need added to our plates is the President's anti-Canadian being driven by this administration that is neither grounded in logic nor supported by facts. It is my hope that ultimately cooler and more logical heads will prevail, but we have not seen much in the way of cool, and logic appears to be roughly five months out the proverbial window," said Wright. Jay Peak is not the only voice in the ski and outdoor industry to speak out about the affects of these tariffs. Earlier this week, women's ski and mountain bike brand, Wild Rye, opened to public investors as a way to bridge the financial gap needed to move product production out of China, as a result of the tariffs. On May 5th, Black Diamond reported a 15-25% raise in prices as a result of the tariffs. Many more brands and ski areas have waited in hesitation to see how these tariffs will continue to impact an already precarious industry following the COVID pandemic and in the face of climate change. Vermont skiers and ski areas are no strangers to standing up to this administration. Wright's statement further exemplifies that just because an office in the ski industry might look a little different than one in the White House, it's doesn't mean they aren't prepared to suit up and fight Peak GM Calls Impact of Canadian Tariffs "Catastrophic" first appeared on Powder on Jun 12, 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo

6 hours ago

• Yahoo

High Arctic Announces Annual General and Special Meeting Results

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, June 20, 2025 (GLOBE NEWSWIRE) -- High Arctic Energy Services Inc. (TSX: HWO) (the 'Corporation' or 'High Arctic') is pleased to announce the results of the annual general and special meeting of the shareholders of High Arctic held on June 19, 2025 (the 'Meeting'). 32 shareholders holding a total of 8,570,252 common shares of the Corporation were represented at the Meeting in person or proxy, representing approximately 67.50% of the total votes attached to all issued and outstanding common shares of the Corporation as of the record date on May 12, 2025. All matters put forth at the Meeting were approved. In respect of the election of directors, the shareholders approved fixing the number of directors at four with each nominee named in the Corporation's management information circular dated May 26, 2025 being considered for election as directors. The detailed results of the vote for the election of directors, which was conducted by ballot, are set out below: VOTES FOR VOTESWITHHELD/ABSTAINED Simon P. D. Batcup ‎99.178%‎‎(8,340,507)‎ ‎0.822%‎‎(69,126)‎ Michael R. Binnion ‎98.544%‎‎(8,287,182)‎ ‎1.456%‎‎(122,451)‎ Douglas J. Strong ‎98.600%‎‎(8,291,871)‎ ‎1.400%‎‎(117,762)‎ Craig F. Nieboer ‎99.814%‎‎(8,394,020)‎ ‎0.186%‎‎(15,613)‎ At the Meeting, the shareholders also approved a resolution appointing MNP LLP, Chartered Professional Accountants, as auditors of the Corporation and a resolution approving a new omnibus equity incentive plan of the Corporation, to replace the existing stock option plan, performance share unit plan, and deferred share unit plan. About High Arctic Energy ServicesHigh Arctic is an energy services provider. High Arctic provides pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells and other oilfield equipment ‎on a rental basis to exploration and production companies, from its bases in Whitecourt and Red Deer, Alberta‎. For further information contact: Lonn BateChief Financial Officer P: 587-318-2218P: +1 (800) 688 7143 High Arctic Energy Services 2350, 330 – 5th Ave SWCalgary, Alberta, Canada T2P 0L4website: Email: info@