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Senate approves $8 billion transportation bill, US

Senate approves $8 billion transportation bill, US

Plans for a short-term replenishment of a federal fund for highway and mass-transit projects moved a step forward as the U.S. Senate passed legislation that would largely concede to a competing House version. The 79-18 final vote late yesterday on an $8 billion proposal by Senators Tom Carper of Delaware and Barbara Boxer of California, both Democrats, provides enough money ... Read More »

Hitesh Doshi spots error with mountain on $10 bill

Hitesh Doshi spots error with mountain on $10 bill

The Bank of Canada is making a molehill out of a mountain. The central bank had claimed that its new plastic $10 bank notes included an image of majestic Mount Edith Cavell, a prominent peak in the Canadian Rockies south of Jasper, Alta. But a sharp-eyed professor in Toronto, who had hiked the mountain with his family, thought something was ... Read More »

BC : Taxis allowed to charge $75 vomit fee

BC : Taxis allowed to charge $75 vomit fee

Having too much to drink and losing your lunch in a taxi can now cost you more than your dignity; you could be hit with a clean-up fee. The general rule has actually always been in place, but Carolyn Bauer with the Vancouver Taxi Association says there is now a set $75 fee. Read More »

Bank of Canada overnight rate remains at 1percent

Bank of Canada overnight rate remains at 1percent

Canada’s central bank decided to keep its benchmark interest rate at one per cent today, the same level it has been at for almost four years. The Bank of Canada announced in its latest policy decision on Wednesday that it will keep its target for the overnight rate — the yardstick against which most consumer loans are based — steady ... Read More »

Banks have new, better apps

Banks have new, better apps

Canadian banks are behind their American counterparts in offering smartphone banking apps to customer, but that is about to change, say experts. Smartphone banking apps promise to be the next big thing in consumer banking, holding the promise of everything from fewer trips to the local bank branch or ATM to the convenience of tap-and-go payments at retail outlets. But ... Read More »