With the Bank of Canada set to raise lending rates, mortgage holders have been warned to expect more expensive debt than they’ve become used to. But other forms of debt are even more vulnerable to the tiny rate hikes to come. Traders are about 90 per cent certain of a rate hike at 10 a.m. ET Wednesday, with the bank’s benchmark rate expected to inch up to 0.75 per cent from 0.50 per cent. And a major impact of that move is likely to be felt entirely outside the mortgage market.…
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Dreams Of A Gender-Neutral O Canada Are Over — For Now – Politics – CBC News
Canadians will not be singing a gender-neutral national anthem on Canada Day after a bill before Parliament to officially change the lyrics has stalled. The House of Commons overwhelmingly passed a private member’s bill last summer that would alter the national anthem by replacing “in all thy sons command” with “in all of us command” as part of a push to strike gendered language from O Canada. Although the bill sailed through the House with government approval, Conservative senators opposed to the changes have scored a victory in the Red Chamber. A yearlong campaign successfully punted…
Read MoreCanada’s Airline Rankings Pale In Comparison To Global Competitors – National | Globalnews.ca
Air Canada sits below 28 other airlines on Skytrax’s annual world’s 100 best airlines‘ ranking — but the same survey also names it as North America’s best carrier. The ranking, which bills itself as “the Oscars of the aviation industry,” was created using data from an online survey taken by 19.9-million people. It asked consumers to rank airlines on a variety of topics. The first topic, “ground/airport,” asked about services such as websites, check-in times and airport staff. The second, “onboard product,” inquired about aspects such as seat comfort, food quality, cabin…
Read MoreAre You Being Prompted To Tip 20%? Consumers Grapple With Tip Inflation – The Globe and Mail
Are You Being Prompted To Tip 20%? Consumers Grapple With Tip Inflation – The Globe and Mail When Alexander Koury took his cats to get groomed a few weeks ago, he got a bit of a shock at the checkout counter. The Phoenix financial planner brought his five-year-old orange tabbies Frankie and Scotch in for bathing, clipping and shaving, which cost $150. But then the payment system asked whether he wanted to tack on a healthy tip: Either 20, 25 or 30 per cent. “Ridiculous,” says Mr. Koury, 36, who…
Read MoreNearly Half Of Canadians To Develop Cancer In Their Lifetimes: Cancer Society | CTV News
Nearly half of all Canadians are expected to be diagnosed with some form of cancer in their lifetime, according to new numbers from the Canadian Cancer Society. For men, the lifetime risk of developing cancer is 49 per cent; for women, it’s 45 per cent, according to the Canadian Cancer Statistics annual report for 2017. That’s a big jump from the 2016 report, which found that only two out of five Canadians could be expected to develop cancer in their lifetimes (45 per cent of men and 42 per cent…
Read MoreDoes Your Doctor Get Money From Drug Companies? It’s Not Easy To Find Out – Health – CBC News
By invitation only, 300 Canadian doctors have a chance to earn $6,600 on top of their usual public health-care fees by taking part in some research. Here’s what they have to do: sign up 12 high-risk heart patients, see each of them three times as part of normal practice, and fill out forms describing what drugs were prescribed. The doctors get an additional $500 for attending a three-hour information session about the research. It’s called the Guidelines Oriented Approach to Lipid Lowering (GOAL). And it is one example of how…
Read MoreRule Requiring Airlines To Keep 2 Crew In Cockpit At All Times Lifted By Transport Canada – Ottawa – CBC News
Canadian airlines are no longer required to have two crew in the cockpit at all times, following the expiration today of an order issued by the government after a co-pilot deliberately downed a Germanwings jet in 2015. Since the crash that killed 150 people, Transport Canada has been examining if there was any way to “mitigate the potential risk” of a similar tragedy unfolding in Canada, according to a letter sent to airlines and obtained by CBC News. Germanwings Flight 4U9525: Canadian airlines told to have 2 crew in the cockpit “The…
Read MoreCRTC Bans Cellphone Unlocking Fees, Orders All New Devices Be Unlocked – Business – CBC News
The era of having to pay cellular providers to unlock your cellphone will end this year. As of Dec. 1, cellphone customers can ask their provider to unlock their phones free of charge, the CRTC announced Thursday. At the same time, it said, all newly purchased mobile devices must be provided to customers unlocked. “It’s a big step forward,” said Rose Behar, senior reporter for the tech site MobileSyrup in Toronto. Telecoms often order locked phones from manufacturers that are programmed to work only with their service. Then they charge a fee — typically $50 —…
Read MoreThe World Used Less Coal In 2016 Than Year Before: BP – National | Globalnews.ca
Worldwide demand for coal decreased in 2016, for the second year in a row. Humans used 53-million tonnes of coal less than in 2015, according to this year’s statistical review of energy provided by BP. It’s a decrease of 1.7 per cent. It is the second-straight year that coal demand has declined. It also said that worldwide production of coal decreased by six per cent. Production at U.S. coal mines fell by 19 per cent while China’s coal production fell by nearly eight per cent. On the whole, coal’s share…
Read MoreCanada Paying More For Prescription Drugs Than Most Other High-Income Countries: Study | CTV News
According to a new study, Canadians are paying far more for primary care prescription drugs than people who live in most other high-income countries with universal healthcare. The study, which was published in the Canadian Medical Association Journal on Monday by a team of Canadian and American researchers, compared the volume and daily cost of primary care prescription drugs in Canada with those in nine other high-income countries: Australia, New Zealand, Norway, Sweden, the U.K., France, Germany, the Netherlands and Switzerland. All of these countries, except Canada, offer universal coverage…
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