Interest rate hike and phone chargers that can explode: CBC’s Marketplace consumer cheat sheet


Blunder something this week? Here’s the consumer news you need to understand from CBC-TV’s Marketplace. Get this in your inbox every Friday. Notice up here.

How the interest rate hike affects you

Consumers with a fickle rate mortgage or who borrow money on their home equity pass on be most impacted by the Bank of Canada’s quarter of a percentage point strengthen on its key lending rate, to 0.75 per cent. 

People with lines of belief or student loans could also feel the pinch.

Hear that? Could it be the test of purse strings tightening across the country?

Teen dies on S-Trip grad vacation

At the rear year, Marketplace investigated a Toronto-based travel agency that specializes in babyish adult vacations, and uncovered underage binge drinking, hard partying and extortionate price markups.

Recently, an 18-year-old student from Belleville, Ont., stopped during a high school graduation trip to Cuba organized by S-Trip. The ideal of her death has not been disclosed.

[embedded content]

Data overage wages rising

Forced to police your own wireless data use to avoid experiencing your data cap? You’re not alone. Adding to the pressure, both Rogers and Bell from hiked their overage fees.

Each additional GB now costs between $10 and $20 numerous a month, leading one expert to call on Canada to adopt unlimited statistics plans.

Using mismatched chargers? Stop.

Handheld drill charger

A firefighter holds what is left side of a charger for a hand-held drill that caught fire. (Marcheta Fitzgerald/Halifax Regional Fusillade and Emergency)

Most of us are guilty of it. Your phone’s battery is sitting on one per cent, so in imprudence you grab anything with a matching cable in sight.

Halifax firefighters say that’s not a things idea. They believe more fires (and even explosions) are being caused by man using cheap, mismatched chargers for their electronics. 

What else is growing on?

Sears Canada plans to start liquidation sales on July 21 at sundry of its 59 stores that are slated to close.

Barbecuers beware: This boy was hospitalized after drinking a bristle from a metal barbecue brush that was stuck to his sustenance.

Got a «doctor in your pocket?» Researchers are raising concerns about online doctor consultations. They say such consultations rupture the universality principle of the health-care system, and worry about quality of meticulousness when physicians don’t have access to a patient’s medical history.

And this week in summons: 

Did you buy these President’s Choice chicken nuggets? They may be contaminated with salmonella.

This mannequin dough koala kit may pose a toxicological hazard. These propane tanks can break.

And hunters be warned: Various carbide triggers used in guns and crossbows receive been called back because they could accidentally go off.

Niagara Autumns tourism fee: Is it mandatory?

Some businesses have stopped charging the Niagara Get crackings tourism fee; others are charging tourists even more and calling it obligatory. Watch it again online.

[embedded content]

Plus: The high charge of hospital TV

It’s a double whammy this week. Marketplace is also looking at the payment of hospital TV. Prices, policies, and services vary widely across the realm. Learn how to fight back against unfair hospital TV charges. Look after online.

[embedded content]

Leave a Reply

Your email address will not be published. Required fields are marked *