WestJet adjustments course on refunds; Housing costs down after document excessive: CBC’s Market cheat sheet | CBC Information

WestJet says it was fallacious to refuse buyer refunds for rebooked flights

WestJet says it made an error when the airline rebooked 1000’s of consumers on alternate flights final month and supplied no refunds — solely credit score — to those that wished to cancel their journey.

“We gave incorrect data or inconsistent data,” Richard Bartrem, WestJet’s vice-president of communications, stated in an interview.

Bartrem stated the Calgary-based airline is taking steps to make sure that affected clients can acquire a refund if they need. 

Again in June, CBC Information spoke with 5 clients, booked on WestJet flights set to depart in July, who stated that they had been rebooked on an extended flight that included a stopover and, in three circumstances, departed on a special day.

If the brand new itinerary did not work for them, they had been informed they’d should accept a credit score, not a refund.

“[It’s] tremendously irritating for the visitors … and we’re sorry for that,” stated Bartrem. Learn extra

Canadian home costs and residential gross sales hit information in March — however have fallen each month since

Are the costs of Canadian houses lastly trending downward after a document excessive in March? 

The Canadian Actual Property Affiliation stated Thursday that residence gross sales have fallen for 3 months in a row after setting an all-time excessive earlier this yr. 

Simply over 50,000 Canadian houses modified palms throughout June. The typical promoting value, $679,000, was down from $688,000 in Might, $696,000 in April and $716,000 in March.

On a month-to-month foundation, residence gross sales fell by 12 per cent in April, by seven per cent in Might after which by eight per cent in June. However they had been nonetheless 13 per cent increased than this time final yr and, actually, had the strongest June on document — an indication of simply how red-hot housing was earlier this yr. Learn extra

Cochrane, Alberta house owner Daybreak Granley is reluctant to promote her residence into the present sizzling market, as a result of she’s frightened about what might be out there for her to purchase as soon as she does. 0:54

Digital divide holds again Indigenous communities, new report finds

It is exhausting sufficient to begin a enterprise, however younger Indigenous entrepreneurs face an much more uphill battle due to a systemic digital hole that is holding them again — together with Canada’s total financial system.

That is the primary takeaway from a brand new report by Royal Financial institution, after spending the final 18 months analyzing financial knowledge and speaking with Indigenous stakeholders about tips on how to unlock and maximize their financial potential.

A brand new report highlights the digital divide between Indigenous and non-Indigenous folks in Canada and it raises considerations in regards to the rising hole and the way it may have an effect on Indigenous youths’ monetary futures and talent to thrive. 2:00

The Indigenous youth inhabitants in Canada is rising 4 occasions sooner than the remainder of the nation’s youth, the report discovered, and Indigenous folks create new companies at 9 occasions the Canadian common.

However whereas Indigenous entrepreneurs are an unlimited and rising cohort, an enormous cause they continue to be a largely untapped useful resource is a large digital divide, together with the accessibility of high-speed web for a lot of households. Learn extra

What else is happening?

Might my apartment constructing collapse just like the one in Florida? Knowledgeable says issues might be discovered sooner in Canada
Guidelines require common inspections and most buildings have reserves for repairs.

How Canadians are ensuring nobody is left behind within the vaccine rollout
Marginalization, cultural limitations and language divides create vaccine roadblock.

This cumin powder has been recalled for a salmonella contamination
You probably have UnjhaSpice model Cumin Powder in your cabinet, throw it out or return the product to the shop the place it was bought.

Canada’s pandemic warning system was understaffed and unready when COVID-19 hit, overview finds
An essential place on the Public Well being Company of Canada (PHAC) was vacant when the pandemic struck.

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