For Canada, immigration is a key to prosperity
As we sell flexible, fully refundable tickets to worldwide customers connecting in from other airlines, our customer no-show rate is much higher than at carriers that do not offer fully refundable tickets or have the same network structure, said a statement from Air Canada spokesperson Angela Mah, who added the airline regrets what happened to the Jesseys. Industry practices differ Lukas points out thatWestjet states that it does not overbook flights, yet its ticket prices are essentially the same. And the reality is that Westjet does allow passengers to cancel or change their flights even shortly before the flights time for a small fee, he added. So, there really is no justification for what Air Canada is doing. Air Canada critic Gabor Lukas complained to the regulator about the airline’s overbooking practices, and won higher compensation for affected passengers. (CBC) Lukas said he believes the airline does it simply to make more money, by selling refundable tickets for several hundred dollars more than regular ones – on flights that are fully booked. They are typically bought by business passengers or passengers at least who are very wealthy. And this is happening at the cost or at the expense of the average economy passengers, said Lukas. They sell the same seat to more than one person,which is completely dishonest and unethical. Lukas says he has seen confidential data on how many flights Air Canada overbooksbecause the airline submitted that information in response to his complaint. Oversell rates ‘damning’: critic The airline then asked for and got – a gag order, so Lukas cant talk about the numbers. He believes Canadians would love to see them. Air Canada wants to keep its oversell rates secret because theyre damning, he said. Monique and Lee Jessey said they will never fly with Air Canada again and they want to encourage others to do the same. In the end, you are the one making them their money,no matter how small they think you are, said Lee.
CANADA STOCKS-TSX climbs as energy shares rise on Gulf storm threat
The pressure to expand oil-by-rail is relentless. The trade in North America has grown from near nothing in 2009 to a projected movement this year of 150,000 rail wagons in Canada and some 400,000 in the U.S. i Now two new plans are hitting the news. A Denver-based company, Omnitrax, wants to ship fracked oil from North Dakota and Saskatchewan across the vast stretch of northern Manitoba to the port of Churchill on Hudsons Bay. Tankers would then move the oil through sub-Arctic waters to North American refiners. ii The company recently hired a Conservative Member of Parliament as its go-to guy for the project. Merv Tweed has resigned his elected post and been appointed as president of the Canadian division of Omnitrax. He is a good catch for the job. First elected in 2004 to a southern Manitoba riding, he served as chairperson of the transport committee of the House of Commons from 2006 to 2012. Manitobas government has come out in opposition to the Omnitrax plan in its present form. Lac-Megantic was a wake-up call for all Canadians, says Minister of Transportation Steve Ashton. But his opposition is guarded. Our advice to Omnitrax would be, go back to the drawing board on this, he says.
Canada’s DeLaet turns heads with his play and his personality
As well, a significant number of the almost 100,000 foreign students visiting Canada each year decide to stay after getting a degree from one of our world-class universities (McGill, University of Toronto, UBC, etc.). Many other immigrants are also looking in Canadas direction, attracted by job prospects and the open-arm culture for which Canadians are known. One reason why foreign immigrants favour Canada as a destination is the labour mobility it offers. According to its latest Global Competitiveness Report published last month, the World Economic Forum ranks Canada as the worlds seventh most efficient labour market. High labour-market efficiency means that workers are more likely to be allocated to their most effective use and provided with an environment where they are encouraged to give their best effort. On a macroeconomic level, this also means that the countrys work force is flexible enough to shift workers from one economic activity to another for example, from factories in Quebec and Ontario to oil sands in Alberta rapidly and at low cost. It also means that there are strong incentives in place for employees, promoting meritocracy and providing equity in the business environment. Canada has gone to great lengths to liberalize its labour market, and it is paying off. Canadas labour market now offers a great deal of mobility to its workers; it is quite easy for anyone to move from Montreal to Toronto, Calgary or Vancouver (and vice versa). As a former Quebec minister responsible for economic development and trade, let me tell you that I am proud to have had the opportunity to work with my provincial counterparts on internal trade agreements, fostering Canadas economic ties, and ultimately strengthening the federation. Positive implication on Canadian economic growth and real estate Canadas strong economic performance since 2008 is explained by many factors, including well-capitalized banks, massive public infrastructure spending and a strong influx of immigrants. Immigration last year explained two-thirds of Canadas population growth of 1.2 per cent, well ahead of the 0.7 per cent and 0.3 per cent seen in the United States and the euro zone, respectively.
With the U.S. government shutdown dragging into a fourth day, investors watched closely as Republican members of the House of Representatives got together to chart their next course of action. But the market appeared to shrug off fears that lawmakers will fail to resolve the budget crisis and prevent a debt default. Rick Hutcheon, president and chief operating officer at RKH Investments, said the TSX will tread water until the U.S. political situation is resolved but will make gains as the economy improves and commodity prices stabilize. “Everyone is sitting on their hands, waiting for Washington to make their move,” he said. “They’ll have their bickering and fighting, but ultimately they’ll come to an agreement.” “I don’t see it having a huge impact on Canada,” he said, but added that the longer the U.S. impasse lasts, the more negative it could be for the Canadian market. The Toronto Stock Exchange’s S&P/TSX composite index was up 37.36 points, or 0.29 percent, at 12,772.48. Nine of the 10 main sectors on the index were higher. Financials, the index’s most heavily weighted sector, advanced 0.3 percent.
I think he’s close to a superstar on the rise. He’s very powerful, he’s got a Nick Price-type of tempo to his swing. He’s a great ballstriker, and an excellent putter. He has a good attitude, he’s a smart guy. And he’s played like crazy this week.” Weir won the Masters three years later. DeLaet played all four team matches with Aussie Jason Day, and came out of them with 2-1-1 record. Though the Internationals lost the Cup 18-1/2 to 15-1/2, DeLaet then crowned a superb week by holing a greenside bunker shot for birdie at the 18th to beat PGA Tour rookie of the year Jordan Spieth 1-up. It was his second dramatic closing shot of the day. Early Sunday morning in the completion of the alternate-shot match against Keegan Bradley and Phil Mickelson, DeLaet chipped in for a three at the par-4 18th with Bradley positioned to make birdie from 12 feet below the hole. “Just one of the coolest feelings in my life really,” said DeLaet, who looked as though he might burst a blood vessel when his chip tumbled into the hole. “I was standing over it, and I was like, this is what we practice for. We put in a lot of time around the greens, and it was a little grainy and it was super soft. I just did all the technique we’ve been practicing with Gabe (Hjertstedt, his short-game coach), and it paid off.” That match was halved, but DeLaet will never forget either moment. “What an unbelievable way to finish,” said DeLaet, who shared the best record on the team, 3-1-1, with Day, who dismantled Brandt Snedeker 6 and 4 in the second singles match.