Author: mdbincbi

Equifax Faces Mounting Pressure After Data Breach As CAA Reveals 10,000 Clients Hit – Business – CBC News

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Equifax Canada is facing intensifying calls for transparency on its massive cyberhack as the Canadian Automobile Association informs thousands of its members that their data may have been compromised and frustrated consumers ask questions about why they’re being treated worse than their U.S. counterparts. CAA said Thursday it partnered with Equifax on its identity protection program and is notifying the roughly 10,000 members who participated that they may have had sensitive data divulged in the security breach made public last week. The auto organization’s program required members to register their…

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As Risky As It Sounds, A Hands-Off Approach To Driverless Vehicle Safety May Save Lives – Business – CBC News

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The latest U.S. government guidelines hand a lot of the responsibility for the safety of autonomous vehicles over to the companies that make them, but a Canadian expert says that may be the best option, and ultimately the decision will save thousands of lives. “We’re [in between] a rock and a hard place.” says Paul Godsmark of the Canadian Automated Vehicles Centre of Excellence (CAVCOE), which provides consulting services, analysis and recommendations to government, public sector agencies and private industry on automated vehicle deployment. “It’s really a fascinating problem.” The Trump…

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‘U.S. Policy Is Not To Defend Canada’ From ICBMs, NORAD Deputy Commander Says | CTV News

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OTTAWA – Current U.S. policy directs the American military not to defend Canada if it is targeted in a ballistic missile attack, says the top Canadian officer at the North American Aerospace Defence Command. “We’re being told in Colorado Springs that the extant U.S. policy is not to defend Canada,” said Lt.-Gen. Pierre St-Amand, deputy commander of Colorado-based Norad. “That is the policy that’s stated to us. So that’s the fact that I can bring to the table.” St-Amand delivered that revelation Thursday during an appearance before the House of…

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Coffee vs. Climate Change: The News Is Not Good | Ars Technica

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This is serious: climate change could put your caffeine supply at risk. Coffee is notorious for being picky about its climate conditions, with the most popular varieties only growing at specific altitudes in the tropics. That alone makes coffee susceptible to climate change, but the plants are also fussy about their pollinators, which will also be affected by the changing climate. A new analysis suggests that climate change on its own could cause coffee producing areas in the Americas to drop production by roughly 80 percent. But the remaining productivity…

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China Aims For An Industry-Changing Ban On Fossil Fuel Cars

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It’s not just European countries planning long-term bans on fossil fuel cars. China’s vice minister of industry and IT, Xin Guobin, has revealed that the country’s government is developing a timetable for a ban on sales of fossil fuel vehicles. The official hasn’t given a rough estimate for when a ban would kick in, but France and the UK are both aiming for 2040. It won’t be surprising if China aims for a similar time frame, and it’s already introducing a cap-and-trade program that forces companies to buy credits from…

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Many Canadians With Homes In Florida Likely Excluded From Insurance Requirements, Disaster Relief – National | Globalnews.ca

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As Hurricane Irma barrels toward southern Florida, what do Canadians who own property in the state need to know? Florida is the U.S.’s most popular destination for Canadian homebuyers, according to a 2017 report by the National Association of Realtors. More than half a million Canadians own property there, according to a 2013 tally by the Bank of Montreal. Many of those homes might be on Irma’s path, but Canadians who don’t have U.S. citizenship, permanent residence or a U.S. work visa don’t qualify for federally-backed mortgages, which require flood insurance.…

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Big Banks Hike Prime Rates After Bank Of Canada Tightens Monetary Policy – Business – CBC News

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In the wake of the Bank of Canada’s move Wednesday to boost a key interest rate, Canada’s big banks have boosted their prime rates. RBC was first off the mark, followed quickly by the others, raising their prime rates to 3.2 per cent from 2.95 per cent, where they had been since the central bank’s last rate increase in July. Canadian consumers can expect to feel some financial effects following the Bank of Canada’s decision. “It’s going to raise borrowing costs a little bit for everyone,” Eric Lascelles, chief economist at RBC Global Asset Management, told…

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Taxpayer Deal Saves Cape Breton Rail Line For At Least One More Year | CTV Atlantic News

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HALIFAX — The Nova Scotia government has bought a further one-year reprieve for a money-losing section of railway in Cape Breton, paying $720,000 in a deal that will help keep the tracks from being ripped up by the line’s U.S.-based owner. Business Nova Scotia Minister Geoff MacLellan said Friday the one-year “preservation agreement” would cover expenses on the line formerly operated by the Cape Breton and Central Nova Scotia Railway. MacLellan said parent company Genesee and Wyoming has agreed not to apply to abandon a portion of the rail line…

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Nova Scotia Gas Prices Jump As Weather Rages In Texas – Nova Scotia – CBC News

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Storm weather in Texas may be miles away from Nova Scotia but it’s having an effect on the price of gas here. On Friday, regular gasoline in Nova Scotia jumped seven cents to $1.13 per litre; diesel is up two cents per litre at $0.99. Dan McTeague, a petroleum analyst with the website GasBuddy.com, said those spikes are just the start and there is “definitely more to come.” “The increases that we are paying today is about half of what we’ve seen in, say, other parts of eastern Canada,” McTeague…

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‘Data Is The New Oil’: Your Personal Information Is Now The World’s Most Valuable Commodity – Technology & Science – CBC News

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There was a time that oil companies ruled the globe, but “black gold” is no longer the world’s most valuable resource — it’s been surpassed by data. The five most valuable companies in the world today — Apple, Amazon, Facebook, Microsoft and Google’s parent company Alphabet — have commodified data and taken over their respective sectors. “Data is clearly the new oil,” says Jonathan Taplin, director emeritus of the USC Annenberg Innovation Lab and the author of Move Fast and Break Things: How Google, Facbook and Amazon Cornered Culture and Undermined Democracy. But with…

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