Skip to main content

Featured

WestJet Flight Attendants Are on Strike — Here's What You're Owed Right Now

  Published August 2, 2026 It's no longer a countdown. WestJet's 4,400 flight attendants walked off the job at 12:01 a.m. on Sunday after last-minute talks with the airline collapsed, grounding the majority of a carrier that normally runs about 600 flights a day. If you're one of the thousands of Canadians caught in it — or watching your Civic Holiday plans wobble from the sidelines — here's exactly what you're entitled to, and what you're not. The bottom line: WestJet mainline flights are suspended. WestJet Encore and codeshare partner flights are still operating. You're entitled to rebooking within 48 hours or a full refund — but not cash compensation, because a strike is treated as outside the airline's control. How we got here The Canadian Union of Public Employees Local 8125, which represents WestJet's cabin crew, issued a 72-hour strike notice on July 30. WestJet responded the same day with a 72-hour lockout notice, and both windows expired to...

article

How Canada’s new measures will make banking more fair and affordable in 2024

 

Canada’s government has announced a series of new measures to ensure Canadians are treated fairly by their banks and to make banking more affordable for everyone. These measures, which will take effect in 2024, include:

  • Protecting Canadians from rising mortgage payments by requiring banks to provide tailored mortgage relief to borrowers at risk of default on their principal residence, in accordance with the Financial Consumer Agency of Canada’s (FCAC) new guideline.
  • Enhancing low-cost and no-cost account options by working with financial institutions to improve the features of these accounts, such as providing more debit transactions, online bill payments, and e-transfers with no extra fees, and expanding the eligibility and availability of these accounts to more Canadians.
  • Lowering non-sufficient fund (NSF) fees, which can be as high as $50, by issuing direction to banks to reduce these fees, which disproportionately impact low-income Canadians and those who do not have access to overdraft protection.
  • Designating an independent and transparent not-for-profit organization, the Ombudsman for Banking Services and Investments (OBSI), as the single external complaints body for Canada’s banking sector, to provide Canadians with an impartial advocate when they have complaints with their bank.

These measures are part of the government’s action to bring down inflation and stabilize prices for Canadians, as well as to support the economic recovery from the pandemic. The government also plans to introduce framework legislation in Budget 2024 to enable consumer-driven banking, which will give Canadians more control over their financial data and access to innovative financial services.

The government says that these measures will help ensure that Canada remains the best place in the world to live, work, and raise a family, and that the banking sector serves the needs and interests of all Canadians.

In addition to these measures, Canadians can also benefit from the increase in the Tax-Free Savings Account (TFSA) contribution limit for 2024, which will rise to $7,500, up from $6,000 in 2023. This means that Canadians who were eligible for the TFSA since its inception in 2009 will be able to invest a cumulated total of $95,000 in 2024, tax-free.


Comments