Government hits Canada Life with financial sanctions

Government hits Canada Life with financial sanctions

The federal government has begun imposing financial sanctions on Canada Life after months of outcry from public servants, retirees and their families who were left fighting for medical claims to be covered. Public Services and Procurement Canada (PSPC) said it “is taking steps to address startup delays faced by Canada Life and has begun to apply financial consequence…

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What could a B government loan program do? Turn Indigenous communities into powerful investors

What could a $5B government loan program do? Turn Indigenous communities into powerful investors

Downtown Toronto is a long way from most communities where the federal government’s Indigenous loan guarantee program will be put into action, but it’s where the buzz about the new $5-billion program could be heard this week. “I’m excited,” said Robert Michell, Chief of the Stellat’en First Nation in central B.C., “it changes the game.”  “It’s huge…

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PC MLA says government should restrict use of credit scores by auto insurers

PC MLA says government should restrict use of credit scores by auto insurers

A former Higgs government cabinet minister on Friday questioned auto insurance companies using a person’s credit score when calculating premiums. Progressive Conservative MLA Dorothy Shephard says she’s “offended” insurance companies can use the information.  “It would put a ton of people at a disadvantage,” Shephard said at a legislative committee meeting Friday. Shephard called it an overreach. “I think that, quite frankly, government should do something about…

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