Global Markets: CBSA agents consider strike action

WINNIPEG – The following is a glance at the news moving markets in Canada and globally.

– Canada Border Services Agency officers will vote this week whether or not to take strike action, potentially creating a major setback towards the federal government’s plans to re-open the Canada/United States border. More than 8,500 officers, who have been without a contract since June 2018, will vote to determine their next steps. The Customs and Immigration Union, who represents CBSA officers, say they would like to see salary parity with other law enforcement workers in Canada, better protections against harassment and discrimination, and a remote work policy for non-uniformed members.

– India’s COVID-19 death toll may be 10 times more than what its federal government has claimed, according to a study from U.S.-based think tank The Center for Global Development. India’s official number of deaths from COVID-19 total more than 414,000, but the study counted the number of excess deaths from January 2020 to June 2021 to range between 3.4 million to 4.7 million. Some epidemiologists believe the death toll is much higher than the official count, but have questions regarding the study’s methodology and data sources.

– The 2020 Summer Olympic Games in Tokyo, which were delayed by one year due to COVID-19, began athletic competition with matches in women’s softball and women’s soccer in empty venues on Wednesday. Despite at least 67 accredited individuals, including athletes and coaches, testing positive for the coronavirus, World Health Organization (WHO) director-general Tedros Adhanom Ghebreyesus told International Olympic Committee officials remotely on Wednesday that while the Games were never zero-risk, they are “a celebration of hope” and he wished they would succeed.

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