Day: December 19, 2018

8 Key Things About TFSAs And How Canadians Use Them | MoneySense

mdbincbi

TFSAs have been with us now for almost 10 years, and Canadians are cheering the much-anticipated annual contribution rise to $6,000 for 2019. In fact, the saving vehicle has become as much loved as hockey, poutine, and Tim Horton’s coffee. So this year’s BMO annual TFSA report, conducted by Pollara, offers some key insights into Canadians and their TFSA behaviour. Read full story here: 8 Key Things About TFSAs And How Canadians Use Them | MoneySense

Read More

EU Announces Deal To Cut Emissions From New Cars By 37.5%, Giving A Boost To Electric Cars | Electrek

mdbincbi

The EU made official its deal to cut CO2 emissions from new cars by 37.5% by 2030, which should force automakers to sell more electric vehicles in Europe. While the goal is aggressive and unprecedented for such a large market like Europe, it’s actually a compromise over a compromise. As we reported earlier this year, the European Parliament was pushing for its own target of 40% by 2030, but Germany, where a large part of the European auto industry is located, lobbied for no more than 30% reduction in emissions from new cars.…

Read More

Airline Passengers Could Be Entitled To Hefty Compensation For Delays, Lost Bags | CBC News

mdbincbi

Canadian travellers who are bumped from flights due to overbooking, or have to deal with lost or damaged luggage, could soon be eligible for hundreds of dollars in compensation. The Canadian Transportation Agency (CTA) outlined today a proposed new regulatory regime with specific financial entitlements for travellers. The proposed regulations include: The compensation regime will offer smaller amounts for smaller airlines that serve northern or remote communities. The changes are expected to result in an average price increase of about $2.75 per ticket, though it’s not clear whether that will be passed…

Read More