Think gas prices are bad? Flights are next; banks waiving Ukraine transfer fees: CBC’s Marketplace Cheat Sheet

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Shocked by the worth on the pumps? The price of your subsequent flight would possibly skyrocket, too

We have all been doing a double-take on the fuel station these days. 

However as you come to phrases with some costs exceeding even $2 a litre, it’s best to brace your self for the price of flights to go up, too.

Specialists say air travellers ought to anticipate sticker shock quickly.

The price of jet gasoline is topic to the identical forces which have triggered gasoline costs to rise to their highest in years.

Jet gasoline is likely one of the greatest prices that airways bear, so specialists say that surge will have an effect on the worth that travellers pay to fly, if it hasn’t already. Read more

A enterprise jet is refuelled on the Las Vegas airport on this file photograph. (David Becker/Reuters)

She known as out TD Financial institution for charging her for donating to Ukraine help efforts. It made a giant distinction

Krystyne Rusek, who’s Ukrainian-Canadian, is questioning TD Financial institution after she was charged —  then later reimbursed — a $50 charge for donating to Ukrainian reduction efforts a number of days after Russia invaded the nation. 

Rusek says she went to her native TD department on March 1 to contribute $1,600 to a particular fund arrange by the Ukrainian authorities. 

Her donation, and people of different Canadians supporting the fund, have been being collected by a downtown Toronto BMO department earlier than being transferred to the Nationwide Financial institution of Ukraine, the central financial institution, after which despatched to the Ukrainian Armed Forces.

After arranging the transaction, the TD teller instructed Rusek she needed to pay a $50 wire switch charge — the usual cost for patrons sending a wire fee from a TD department to a non-TD account in Canada or overseas.

“I paid it and I wasn’t upset about it,” Rusek instructed CBC Toronto. “However the subsequent day, I began to consider it and realized that this was not proper.”

After writing an . expressing her issues to TD the day after making her donation, she was instructed two days later — after CBC Information approached the financial institution in regards to the state of affairs — that she can be reimbursed. 

Now, TD says it’s going to waive all charges for wire transfers to the Ukraine, and reimburse these, like Rusek, who have been initially charged for his or her donations. All different main Canadian banks say they’ll waive charges, too. Read more

Krystyne Rusek of Toronto donated $1,600 to a particular fund arrange by the Ukrainian authorities to assist the nation’s navy because it fights off a Russian invasion. Initially, TD Financial institution charged her a charge, however later reimbursed her. (Spencer Gallichan-Lowe/CBC )

After a credit score report mix-up, these newlyweds say they’ve misplaced their window to purchase a home

T.’s no scarcity of indicators the housing market has gotten slightly out of hand over the previous few years. 

The average house price in Canada is at an all-time high, and as any potential purchaser is aware of, the distinction between a profitable and failed bid on a house can usually boil all the way down to one thing so simple as timing. 

Jessica Rochon and her spouse, Alison Holmes, discovered this the laborious approach, after being denied a mortgage pre-approval due to another person’s a bad credit score — a lady with nearly the identical title as Rochon, who lives a province away, in Quebec.

The 2 Rochons will not be associated and have by no means met, however their Equifax credit score historical past seems to have been blended into one file, inflicting monetary issues — and lots of complications — for the Rochon in Ottawa. 

Following a Go Public inquiry, Equifax fastened the issue, however Rochon and Holmes say it is now too late — they have been priced out of shopping for the sort of home they needed. Read more

Jessica Rochon, proper, and her spouse, Alison Holmes, say they’re now priced out of shopping for a home in Ottawa, after Rochon was denied a mortgage due to errors on her Equifax credit score report. (Sylvain LePage/CBC)

What else is occurring?

McDonald’s, Starbucks, Coke, Pepsi join companies suspending business in Russia
T. are rising calls to boycott corporations not taking a stand in opposition to Russia.

Mask mandates are being lifted in Canada — and could further divide Canadians
Politicization of might additional divide Canadians over masking sooner or later.

Why Canada is losing affordable rental housing faster than it’s being built
Massive buyers have been shopping for up Canada’s rental inventory and growing earnings.

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