CFCN - Friday, May 24, 2024 - 07:30 a.m. (ET) - Segment #4

gaza. There are about 130 israeli hostages still being held in their families have been calling on their government to accept a cease-fire deal to bring them home. Later this morning, the world court will hand down a ruling on an emergency request for israel to stop its rafah offensive. The request comes from south africa, which is also calling for israeli forces to be ordered out of gaza. U.S. senators are calling on canada to step up when it comes to nato spending. Canada is supposed to spend 2% of total gdp on the military as part of the nato membership. The letter was signed by 23 senators, both democrats and republicans and the U.S. department of justice is accusing ticketmaster and their parent company live nation of being an illegal monopoly. And along with 30 other states, they're suing live nation and ticketmaster merged in 2010. They now control 60% of concert promotions cross 265 north american venues. Well, construction on a massive wallboard factory southeast of calgary began thursday. Wallboard most was called drywall is one of the key components in both residential and commercial construction. Here's kevin green. >> Well, corporate suits plunge ceremonial shovels into the ground. Workers in the muddy field behind the prep, the site where cgc the canadian arm of us gypsum is building a 220,000 square-foot wallboard factory near cars, land usg corp ceo says it chose the alberta location because of the province's growth in subsequent need for housing, specifically for alberta. The long-term dynamic so that you're gonna need affordable housing is probably a decade. >> Long housing boom. That's probably and I'm going to happen here with alberta's population predicted to hit 6 million by 2039, that demand is expected to continue. One big reason the province to invest alberta put over million dollars into securing the factory here, making sure that the result of housing is of critical importance when we're promoting alberta all around the world are affected. Families can afford to buy a house here and live here is critical to the plant will also have a big impact in wheatland county's balance sheets, which presently rely mainly on its agricultural base and dwindling oil and gas revenues. >> And so we knew we needed to bring in some diversification. So with that with this development comes hundreds of construction jobs, but also over 100 high value full-time positions that will be working in the plant once are fully operational. >> But here's the big question for albertans will having a wallboard factor in our own backyard mean lower prices. Yes, I mean right now you think we're, we're, we're shipping product here from great distances. And now we're going to be right here in the local market. So absolutely, that's good news for builders everywhere. But great news for nonprofit builders like habitat for humanity for non house developer builder like habitat for humanity. Southern alberta. This is great news. So anytime we can save on costs of material like drive. All right. Well, that's great news that 210 million dollar wallboard factory is slated to start full operations in 2026. Kevin green, ctv news near cars land. >> Canada's s&p tsx composite index fell by about two-thirds of a percentage point yesterday and will begin today's trading day at 22,200 points U.S. stock markets also fell yesterday, but futures contracts were higher this morning. A long battle for control of gildan activewear. The big montreal-based maker of t-shirts and other apparel is now over and the unhappy shareholder that one of the company's founder, former ceo brought back as one that shareholder from named browning west said preliminary voting made it clear a big majority of votes would have been cast in favour of its position at the meeting scheduled for tuesday next week. Yesterday, the entire board of directors at gill then and its ceo resigned. They will be replaced by directors nominated by browning west and the former ceo glenn should mandy will return to that role. And the canadian dollar was trading this morning at seventy-two 0.9 cents us from the bnn bloomberg #1 for local, breaking news See. I told you I could cool it down. Are you kidding me? This is hot. I'm not going through another summer like this. Bernie. Call Pete the plumber. Hi Calgary. It is Pete the Plumber. It is going to be a hot summer, and I have to Trane family of cooling equipment. Get three quotes then give me a call. I'm going to save you money and give you the best warranty in the city with 12 and a half years because it is hard to stop a Trane and nobody needs Pete the Plumber. Nobody. You know that. Barney, I am here for you. ( ) ( ) Stop dreaming. Start shopping. Red Tag Days are on at Toyota, with great offers on select models. Find yours today, at ShopToyota.ca When you begin your retirement journey

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