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Money
Big Banks vs. Big Tech: Are internet giants poised to take over the financial system?
The IMF report outlines three potential scenarios for the relationship between big tech and commercial banks; coexistence, complimentary and takeover. Continue reading
Is flying with Canada’s low-cost airlines worth the hassle?
Ultra-low-cost carriers Swoop and Flair Airlines have small fleets, which makes it hard to manage unscheduled maintenance, one expert says. Continue reading
‘We were counting pennies’: When disability insurance won’t pay because doctors can’t tell what’s wrong
Dwane UnRuh developed a debilitating neurological condition, but it would take a year and a half for doctors to reach a diagnosis — and for his insurance to pay disability benefits. Continue reading
World finance leaders raise ‘serious regulatory’ concerns over Facebook’s Libra
Officials agree that cryptocurrencies pegged to real currencies will have to meet “the highest standards” of financial regulation. Continue reading
$22/hr is average wage needed to afford a two-bedroom apartment in Canada: report
“But it’s much more in big cities like Vancouver and Toronto.” Continue reading
Canada’s inflation rate falls to 2% in June thanks to gas price drop
Inflation is right on the Bank of Canada’s ideal target, meaning there’s no pressure for the central bank to increase or cut interest rates based on consumer prices. Continue reading