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Category Archives: Economic

Airline compensation questions and coronavirus concerns: CBC's Marketplace consumer cheat sheet

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Canadian Transportation Agency flooded with 3,000 complaints over delayed flight compensation The federal government introduced new regulations on Dec.15 requiring airlines to pay up to $1,000 in compensation for flight delays and cancellations…

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Cannabis drinks have been legal for over 2 months in Canada — so why aren't they on the shelves?

Just a few steps into the Tweed retail cannabis shop in Osborne Village, potential customers pass by a prominent sign that boasts of THC and CBD-infused drinks, as well as a tall — and currently empty — fridge designed to keep the fizzy offerings cool. It isn’t clear when the high-inducing carbonated beverages will be available at this store, or others. “The…

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Cancelling a trip during the coronavirus outbreak? Your travel insurance may not cover the cost

As the coronavirus spreads globally, Canadians may start rethinking their travel plans. However, pulling the plug could be costly, depending on what type of travel insurance you have.  Here’s what you need to know before cancelling or booking a trip during the coronavirus outbreak. Consider trip opt-out insurance Mike Mitchell and his wife, Marlene, started getting…

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Why coronavirus will force central bankers to give the economy a shot in the arm by cutting rates

Central bankers are waking up to dramatically overhauled expectations about interest rates, as the coronavirus that started in China and is now creeping around the world rewrites their plans as quickly as the virus spreads. Investors are betting that there’s better than a two in three chance of a rate cut from the Bank of Canada as…

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