Representatives of groups including the Calgary Chamber of Commerce, Toronto Region Board of Trade and Canadian Federation of Independent Business warned that a prolonged shutdown of the airline would amplify the private sector’s existing uncertainty caused by U.S. tariffs. (The Logic)

Talking point: Their call for action comes as the Trump administration followed through on its tariff threat starting Aug. 1, saddling many Canadian firms with painful cost hikes. Air Canada and the roughly 10,000 flight attendants it employs had yet to reach a compensation agreement as of Friday afternoon, and the attendants’ union has rejected the airline’s proposal for binding arbitration. The deadline for a deal is just after midnight on Saturday, and Air Canada said it is already canceling around 500 flights in preparation for a strike.