Skip to main content

Featured

Bank of Canada Rate Decision Countdown: What to Expect on July 15

  Published July 4, 2026 In eleven days, the Bank of Canada will make its fifth interest rate call of 2026. If you've got a mortgage renewing, a variable rate that moves with the Bank's decisions, or savings sitting in a high-interest account, this is the date to have circled. Here's where things stand heading into July 15, and what the smart money is expecting. Where the rate sits right now The Bank of Canada has held its policy rate at 2.25% since its last two decisions, with the Bank Rate at 2.50% and the deposit rate at 2.20%. The July 15 announcement, released at 9:45 a.m. ET, will also come with a full Monetary Policy Report, since the Bank publishes its detailed economic projections quarterly alongside the January, April, July, and October decisions. Why most economists expect another hold The case for standing pat comes down to two forces pulling in opposite directions: Inflation is running hot, but mostly for one reason. Canada's headline inflation rate jumped...
Post a Comment
Read more

article

Labels

The Safest Seats on an Airplane: Where Should You Sit?

 

When booking a flight, we often consider factors like legroom, convenience, and views. But what about safety? Which seats offer the best chance of survival in an emergency? Let’s explore the data.

Air Travel Safety

First, it’s essential to recognize that air travel is remarkably safe. In 2019, there were approximately 70 million flights globally, resulting in only 287 fatalities. The odds of dying in a plane crash are about 1 in 205,552, compared to 1 in 102 for car accidents.

The Myth of the Back Seats

Contrary to popular belief, sitting at the back of the plane isn’t necessarily the safest option. The infamous 1977 Tenerife disaster, where a KLM Boeing 747 collided with a Pan Am 747, showed that passengers at the front survived better than those at the rear. Luck, impact distribution, and proximity to exits all play a role.

The Data

A 35-year study by the Federal Aviation Authority (FAA) sheds light on seat safety. Here’s what it found:

  • Middle Seats at the Back: These have the lowest fatality rate at 28%.
  • Aisle Seats in the Middle: These are the second-safest, with a 44% fatality rate.
  • Middle Seats on Either Side of the Aisle: These are the riskiest, with a 44% fatality rate.

Why the Middle Seats?

The middle seats at the back offer better survival odds because they benefit from the buffer provided by having people on either side. Additionally, sitting next to an exit row provides a faster escape route, assuming no fire blocks the way. Avoiding the front and wings (where fuel is stored) is also wise.

Remember, though, the chances of a plane crash are incredibly low. So, when you choose your seat, balance comfort, views, and safety. 


Labels:

Comments

Post a Comment