The Bank of Canada’s plans for 2020

The Bank of Canada’s plans for 2020

We’re reviewing our policy framework and tools The Bank’s monetary policy framework is scheduled for renewal in 2021. Our agreement with the federal government on the goals of monetary policy is reviewed every five years. In 2020, we’ll finish the work we’ve been doing since the last renewal in 2016. We have been thinking about […]

EasyJet plans to offset carbon on all flights

EasyJet plans to offset carbon on all flights

European budget airline easyJet says it will become the first major carrier to operate net-zero carbon flights, offsetting carbon emissions from the fuel used on every flight. The company says Tuesday it will offset the carbon “by investing in projects that include planting trees or protecting against deforestation.” The cost of the program is estimated […]

Strategically review your employer savings plans before the end of the year

Strategically review your employer savings plans before the end of the year

Many medium-to-large-sized employers offer some form of savings program for their staff; some with a matching component, such as the employer matches 50 per cent of the contribution that the employee makes up to a certain maximum value, while other programs are simply to facilitate savings exclusively from the employee. The draw for employees is […]

Federal leaders invoke Greta Thunberg to sell their own climate change plans

Federal leaders invoke Greta Thunberg to sell their own climate change plans

A day after an emotional Greta Thunberg lashed out at world leaders for their inaction on climate change, Canada’s federal party candidates couldn’t help but capitalize on the climate activist’s emotional address to sell their own strategies. Thunberg created quite a buzz following her appearance on Monday at the UN climate summit in New York. The 16-year-old Swede admonished heads of state, […]

'Cold comfort': Ottawa's plans to protect pensions not good enough, say critics

'Cold comfort': Ottawa's plans to protect pensions not good enough, say critics

The federal government’s latest proposed measures to protect pensions don’t actually accomplish much, according to pensioner groups disappointed with the policy outlined in the Trudeau government’s omnibus budget bill. In the wake of high-profile bankruptcies at Sears and Nortel that left former employees with greatly reduced pensions, the Liberal government promised action. It undertook consultations last fall […]

Payless seeks creditor protection, plans to close stores in U.S. and Canada

Payless seeks creditor protection, plans to close stores in U.S. and Canada

Payless Shoes is going into creditor protection in the U.S. and Canada, where it will likely close all its stores. The discount shoe retailer, with more than 3,400 stores in 40 countries, is seeking protection from its creditors under Chapter 11 of the U.S. Bankruptcy Code, and the Canadian equivalent, the Companies’ Creditors Arrangement Act. “Payless intends to use these […]

Swoop cancels 16 flights to the U.S., forcing thousands of passengers to change travel plans

Swoop cancels 16 flights to the U.S., forcing thousands of passengers to change travel plans

By Ross MarowitsThe Canadian Press Fri., Oct. 19, 2018 Thousands of Swoop passengers have been forced to make alternative last-minute flight plans after the WestJet Airlines discount subsidiary cancelled 16 flights in the coming days between Canada and the United States. Flights have been cancelled between Abbotsford, B.C., and Las Vegas, and between Hamilton and […]

MP Maxime Bernier quits ‘morally corrupt’ Conservatives, plans to start new party

MP Maxime Bernier quits ‘morally corrupt’ Conservatives, plans to start new party

Divisive Quebec MP Maxime Bernier made a scorched earth exit from the Conservatives today, while announcing plans to start his own federal party. Bernier, who represents the riding of Beauce, made the announcement Thursday morning in Ottawa as the party’s policy convention kicks off in Halifax. “I have come to realize over the past year that this party is too […]

Snags in travel plans leave customers on edge

Snags in travel plans leave customers on edge

Transat spokeswoman Debbie Cabana said the couple had bought a bilingual tour. The company told them this was the case beforehand. “That said, we do expect the tour guides to communicate in both languages to adequately serve our clients,” she said. In the interest of customer satisfaction, Transat doubled the offer to vouchers of $ […]