Airline passengers could be entitled to hefty compensation for delays, lost bags

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: A requirement for airlines to provide […]

Boeing buys 80% of Embraer’s commercial aircraft operations for $4.2B

Boeing is buying a majority stake in Embraer’s commercial aircraft and services operations for $4.2 billion. The joint venture, announced Monday, gives Boeing 80 per cent ownership of those operations, with Embraer owning the remaining stake. Boeing will have operational and management control of the company. Embraer will keep consent rights for some decisions, such […]

Some hard truths for Western politicians on Quebec, equalization and oil

It’s been open season on the Quebec government since it was revealed the province will be getting a $1.4-billion boost in its equalization payment next year. Western politicians in particular have cried foul. Saskatchewan Premier Scott Moe called Quebec’s allotment “problematic” in an interview with The Globe and Mail. Alberta’s finance minister, Joe Ceci, said it was […]

Air Canada accused of ‘lying’ to customers to avoid paying up to $2,100 for lost luggage

Scott Bissell says Air Canada is “trying to get away with paying the least amount of compensation possible,” after the airline lost his luggage on a trip to Florida and initially told him it wouldn’t pay him back for clothes or any other necessities while he waited for his bag. Under federal law, when an […]

From at-home orthodontics to coconut-flavoured floss: Meet the startups disrupting the dental industry

For decades the experience of caring for your teeth looked something like this: Visit the dentist every six or nine months. Take home a new toothbrush from the hygienist. Use it to brush at least twice daily. Repeat. If you or your child needed teeth straightened, you got a referral to an orthodontist, hoped your insurance and savings could cover […]

Unhappy Second Cup franchisees sue coffee chain

A group of Second Cup Ltd. franchisees is suing the struggling Canadian coffee chain, alleging the company’s actions have been detrimental to them. The current and past franchisees outline a long list of complaints against their franchisor in a lawsuit filed earlier this month in the Superior Court of Quebec. None of the allegations has […]

Encana to buy Newfield Exploration for US$5.5B

Encana Corp. has signed a deal to acquire Newfield Exploration Co. in an all-stock offer it said was worth about US$5.5 billion. Under the deal announced Thursday, Newfield shareholders will receive 2.6719 Encana shares for each share of Newfield common stock. Encana will also assume US$2.2 billion of Newfield debt. “This strategic combination advances our […]

Bitcoin mining could cancel out climate change efforts, scientists say

Demand for bitcoin could single-handedly derail efforts to limit global warming because the increasingly popular digital currency takes huge amounts of energy to produce, scientists said on Monday. Producing bitcoin at a pace with growing demand could by 2033 defeat the aim of limiting global warming to 2 C, according to U.S. research published in […]

Airlines, trucking industry face sharp rise in fuel prices

An obscure regulation targeting the international marine shipping industry could have a widespread impact on the economy, including the price of airline tickets and diesel at the pump. The change affects large ships, which use a low grade of fuel that’s considered the bottom of the barrel because of its air pollution. The International Maritime […]

EI fraud hits five-year high, Liberals chalk it up to better monitoring

Employment Insurance fraud has hit a five-year high — a sign for federal officials that efforts to root out wrongful payments are working. Public accounts documents released this month list more than 104,000 incidents of fraudulent EI claims totalling almost $177 million in the 2017-18 fiscal year. It marks the fourth year that fraud figures […]