Au Japon, aux Philippines et en Corée du Sud, les gouvernements suivent également la rencontre avec nervosité.

La réforme aéroportuaire envisagée par le fédéral pourrait ne pas être la panacée attendue, selon un expert.

La réalité tempère la rhétorique mise de l’avant par Ottawa, note la cheffe d’état-major Jennie Carignan en entrevue.

L’Assemblée nationale a adopté à l’unanimité une motion rappelant la validité d’une majorité absolue.

Quelque chose à signaler sur les routes ou sur les rails ? La Presse examine le réseau en cette heure de pointe matinale et précise la couleur des feux de circulation.

Voici les évènements au programme aujourd’hui.

EV reliability problem lies with Tesla manufacturing flaws, skewing EV inspection failures up TORONTO, Ontario — Used-car shoppers in Canada commonly judge reliability by a specific signal — brand prestige, price tag, fuel type, or mileage, but new data shows that consumer assumptions about car brands known for their premium quality don’t hold up over time. The Clutch Certified Reliability Report, by Clutch, Canada’s leading online pre-owned car retailer, found that despite their reputation, German brands such as BMW, Mercedes-Benz, and Audi fail inspection 39 per cent more often than Japanese brands once the vehicles reach the 100,000 km mark. While the average American car fails inspection 60 per cent more often than Japanese cars. While many people buying a used car consider mileage a key decision point, Clutch’s report highlights that brand matters more than mileage alone. Japanese brands sweep the top five makes on the Clutch Certified Reliability Index: Lexus (Japan) Subaru (Japan) Acura (Japan) Toyota (Japan) Honda (Japan) The country of origin is the best indicator of quality. Despite their premium price tags, Lexus and Acura rank first and third on the list, respectively, two Japanese luxury brands known for premium quality and reliability. Why does German luxury underperform? German luxury (BMW, Mercedes-Benz, Audi) models record higher pre-sale repair costs, higher warranty claim rates, and higher vehicle-issue return rates. A leading contributor to this is the price of upkeep; luxury ownership remains difficult to maintain, from premium parts to specialized labour, and when forgotten, vehicles depreciate faster. Today, Clutch has released this report using data collected through their Clutch Certified process — the standard every vehicle on clutch.ca has to meet before being sold. 210-point inspection: Each car is checked against 210 items across nine systems: engine and cooling, transmission and drivetrain, brakes, suspension and steering, electrical and lighting, HVAC, body and frame, interior and safety, and tires and wheels. Reconditioning: Vehicles that clear inspection enter reconditioning, which covers mechanical work, cosmetic fixes, glass, and standard prep. 10-day return policy: Clutch offers comprehensive tracking of vehicle returns that are classified as vehicle issues. Warranty: The report’s reliability index uses the 90-day post-sale claim window — paid warranty claims filed within 90 days of sale across Clutch’s full retail population — as a data signal for measuring real-world post-sale failure rates by brand. “With our Clutch Certified criteria, it becomes clear that the common marker of quality for consumers, brands, and price tag doesn’t hold up once a vehicle is driven and used,” says Dan Park, CEO of Clutch. “A premium price doesn’t guarantee a premium ownership experience. Engineering origin continues to be a key indicator of long-term quality, with Japanese-engineered nameplates delivering long-lasting vehicles across luxury and affordable price points.” Do EVs fail inspection more often than hybrids and gas vehicles? Only when Tesla is part of the equation. Hybrids perform on par with gas vehicles for the first 0 to six years, but once they’ve been driven for 7 to 10 years, hybrids surpass both gas vehicles, with lower inspection failures, only 47.3 per cent. EVs consistently run four to five points behind gas and hybrid vehicles in the first 0 to six years, leading with the highest inspection failure rates at 15.3 percent and 25.3 per cent. But when explored further, it’s not an EV technology issue; it’s a Tesla manufacturing issue. Tesla makes up 78 per cent of the EVs Clutch acquires. EV quality, or reputation for faultiness, is informed by Tesla’s manufacturing issues. When compared to non-Tesla EVs, Teslas have the highest issue rate for brakes and suspension, electrical, body, interior, and HVAC. Where Teslas hold up is core EV architecture: powertrain, safety and driver assist technology. Tesla’s poor physical performance drags down public perception of EVs as a whole, but non-Tesla EVs remain on par with both gas and hybrid quality. What causes most vehicles in Canada to fail inspection? Rust is the leading cause of used-car failure in Canada, with nearly one in two (48.5 per cent) vehicles that fail inspection having rust. That is followed by engine failure (40.8 per cent), drivetrain issues (29.7 per cent), and fluid leaks (16.5 per cent). Road salt, freeze-thaw cycles, and long Canadian winters make corrosion and rust the most common vehicle issues, from perforated frames, rotted subframes, bubbled rocker panels, corroded wheel wells, and structural rust that can’t be safely welded. Rust is also more than just cosmetic; any rust on frame rails poses a safety hazard. Ram, Dodge, Chevrolet, Subaru, and Tesla show the highest rate of rust at 64 per cent, 62 per cent, 56 per cent, 56 per cent, and 57 per cent, respectively, but their brands don’t tell the whole story. The terrain where the vehicles are commonly used is a factor, as they are subjected to the Canadian environment. The exception to this is Tesla, with documented brand and product-related rust issues across early Model 3s and twice as many body issues as other EVs. For consumers looking to buy, does mileage or make predict reliability? When it comes to vehicle longevity, Japanese brands stay roadworthy at much higher mileage than their American, German, and Korean competitors. At 100,000 kilometres (km), the average American car fails inspection 60 per cent more often than Japanese cars, followed by German cars and Korean cars failing more often than Japanese cars by 39 per cent and 24 per cent, respectively. Exploring by brand further, a Honda consistently runs half the failure rate of a Chevrolet: At 40-60K km: Honda only fails inspection 10.6 per cent of the time, whereas Chevrolet’s failure rate is 18.1 per cent At 100-120K km: Honda only fails 30.1 per cent of the time, with Chevrolet at 67.7 per cent At 120-150K km: Honda’s failure rate is 43.8 per cent, whereas Chevrolet is failing 79.1 per cent of the time What does this mean for car buyers? The Clutch Certified Reliability Report offers a few key takeaways to keep in mind: Brand origin matters more than brand prestige Mileage alone is a poor indicator of used car reliability Rust is the single biggest practical risk for used-car buyers in Canada EVs perform comparably to gas and hybrid vehicles on most reliability measures, outside of Teslas Methodology for Clutch Certified Data The index blends four dimensions into a single score on a 10-point scale for each make. Warranty activity carries the largest weight (35%) because it measures what actually breaks after the car reaches a customer. Pre-sale signals (inspection, reconditioning) and post-sale signals (warranty, returns) are balanced 50/50. All measurements are normalized within age buckets (0-3, 4-6, and 7-10 years), so older vehicles aren’t penalized for their age, then volume-weighted across a make’s population. A make must have meaningful volume in at least two age buckets to be rated. Twenty-five makes meet that threshold. Full methodology, data sources, and calculations are published in a companion document available to media and research partners on request. About Clutch Founded in 2016, Clutch is Canada’s leading online retailer for pre-owned vehicles. Clutch aims to provide an incredible car-buying experience for its customers by bringing a best-in-class e-commerce experience to the Canadian pre-owned car industry. By visiting clutch.ca, customers can browse a large selection of high-quality vehicles at competitive prices and access an end-to-end online purchase experience, which includes financing, warranty, and seamless home delivery. Clutch ensures complete peace of mind with each car being backed with a standard 10-day money-back guarantee and 210-point inspection. Clutch is headquartered in Toronto and services Ontario, Nova Scotia, New Brunswick and Prince Edward Island, with sell-side services also available in British Columbia. To learn more about Clutch visit clutch.ca. View source version on businesswire.com: Contacts For media inquiries, please contact: Meagan Simpson Account Director msimpson@categorycomms.com The post American, German Car Brands Fail Inspection at Much Higher Rates Than Japanese Vehicles appeared first on Montreal Gazette.

SAN FRANCISCO — Expensify, Inc. (Nasdaq: EXFY) (the “Company”), the easiest way to manage expenses, corporate cards, and travel, today announced that it has commenced a modified “Dutch auction” tender offer (the “Tender Offer”) to purchase for cash up to $25,000,000 of its outstanding shares of Class A common stock, par value $0.0001 per share (“Class A Common Stock”), at a price per share not less than $0.98 and not greater than $1.20, less any applicable withholding taxes and without interest. The Tender Offer will expire at 12:00 midnight, New York City time, at the end of the day on June 10, 2026, unless extended or terminated. If the Tender Offer is fully subscribed, the Company will purchase between 25,510,204 and 20,833,333 shares, or between approximately 30% and 25%, respectively, of the Company’s outstanding Class A Common Stock as of May 4, 2026. Any shares tendered may be withdrawn prior to expiration of the Tender Offer. Stockholders that do not wish to participate in the Tender Offer do not need to take any action. None of the Company’s directors or executive officers will tender any of their shares in the Tender Offer. A modified “Dutch auction” tender offer allows stockholders to indicate how many shares of Class A Common Stock and at what price within the range described above they wish to tender their shares. Based on the number of shares tendered and the prices specified by the tendering stockholders, the Company will determine the lowest per-share price that will enable it to acquire up to $25,000,000 of shares of Class A Common Stock. All shares accepted in the Tender Offer will be purchased at the same price even if tendered at a lower price. To tender shares of Class A Common Stock, stockholders must follow the instructions described in the Offer to Purchase and the Letter of Transmittal that the Company is filing with the U.S. Securities and Exchange Commission (the “SEC”). These documents contain important information about the terms and conditions of the Tender Offer. The Tender Offer will not be contingent upon any minimum number of shares being tendered or any financing conditions. The Tender Offer will, however, be subject to other conditions, which will be disclosed in the Offer to Purchase. The Company’s board of directors (the “Board”) believes that a modified “Dutch auction” tender offer is an efficient mechanism that will provide stockholders with the opportunity to tender all or a portion of their shares, subject to the proration provisions described in the Offer to Purchase. The Board has authorized the Tender Offer. However, none of the Company, the Board, the dealer manager, the information agent, the depositary or any of their respective affiliates are making any recommendation to stockholders as to whether to tender or refrain from tendering their shares in the Tender Offer or as to the price at which stockholders may choose to tender their shares. No person is authorized to make any such recommendation. Stockholders must decide for themselves how many shares they will tender, if any, and the price within the stated range at which they will offer any such shares for purchase. In doing so, stockholders should carefully read the information in, or incorporated by reference in, the Offer to Purchase and the Letter of Transmittal (as each may be amended or supplemented), including the purposes and effects of the Tender Offer. Stockholders are urged to discuss their decisions with their tax advisors, financial advisors and brokers. Citizens JMP Securities, LLC, is acting as dealer manager for the Tender Offer. The information agent for the Tender Offer is Georgeson LLC, and the depositary is Computershare Trust Company, N.A. The Offer to Purchase, the Letter of Transmittal and all related documents will be mailed to registered holders beginning today. Beneficial holders will receive the Offer to Purchase and a communication from their bank, broker or custodian. For questions and information, please call the information agent toll-free at (877) 576-3854. Certain Information Regarding the Tender Offer The information in this press release describing the Tender Offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares of Common Stock in the Tender Offer. The Tender Offer is being made only pursuant to the Offer to Purchase and the related materials that the Company is filing with the SEC, and will distribute to its stockholders, as they may be amended or supplemented. Stockholders should read the Offer to Purchase and related materials carefully and in their entirety because they contain important information, including the various terms and conditions of the Tender Offer. Stockholders of the Company may obtain a free copy of the Tender Offer Statement on Schedule TO, the Offer to Purchase and other documents that the Company is filing with the SEC from the SEC’s website at www.sec.gov. Stockholders also will be able to obtain a copy of these documents, without charge, from Georgeson LLC, the information agent for the Tender Offer, toll-free at (877) 576-3854 or Citizens JMP Securities, LLC at (212) 906-3502. Stockholders are urged to carefully read all of these materials prior to making any decision with respect to the Tender Offer. Stockholders and investors who have questions or need assistance may call Georgeson LLC. FORWARD-LOOKING STATEMENTS Certain statements made in this press release constitute forward-looking statements, including with respect to the Company’s intention to purchase shares of its Class A Common Stock in the Tender Offer. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the Tender Offer. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause Expensify’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including the risks discussed in Expensify’s filings with the SEC, including Expensify’s Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Expensify undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law. About Expensify. Inc. Expensify, Inc. (Nasdaq: EXFY) is the easiest way to do your expenses, travel, and corporate cards. Built for businesses of all sizes and trusted by 15 million members worldwide, Expensify is a top-rated app across G2, TrustRadius, Capterra, and more. View source version on businesswire.com: Contacts Nick Tooker – Head of Investor Relations – investors@expensify.com The post Expensify, Inc. Commences a Modified Dutch Auction Tender Offer to Repurchase up to $25,000,000 of Its Class A Common Stock appeared first on Montreal Gazette.

Ahmed came to Canada as an international student planning to return home — until falling in love with another man forced him to confront the dangers he says he faces in Pakistan. Now, a new federal asylum law could make his refugee claim ineligible before he even got a hearing.

Some former students of Vancouver College say a proposed $30-million settlement is meaningless without an apology and an admission of liability for the abuse they allegedly suffered at the hands of Christian Brothers linked to the Mount Cashel Orphanage.

Chemicals used to make fentanyl are streaming into the Port of Vancouver on their way to drug labs run by Mexican cartels on Canadian soil, the head of the U.S. Drug Enforcement Administration told senators in Washington, D.C., on Tuesday.

A scarcity of aluminum cans due the war in Iran means there's a Diet Coke shortage in India, where the drink only comes in cans. As a result, people there are hoarding the beverages and throwing parties to celebrate their favourite drink.

After Game 4 between the Habs and the Sabres, the series is tied. It's not supposed to be easy in the playoffs, and it certainly isn't. Brian Wilde has more.

The PQ leader said party members are taking precautions, including placing phones in signal-proof bags and removing them from meeting rooms.

That pricetag is nearly seven times higher than Trump's initial estimate, found an independent budget office.

The no-bid contract went to a firm company, which critics say bypassed a rule for competing offers.

There were three strikes on cars on the highway in Jiyeh and the dead included two children.

The MV Hondius hantavirus scare revived debates about luxury travel, public health and unequal vulnerability to disease.