By Carola Vyhnak Special to the Star Tues., May 7, 2019 When Leisse Wilcox got married, she happily delegated household finances to her husband. “Wilfully oblivious” she calls her former self. But everything changed when her 14-year relationship ended in 2015, and the Cobourg stay-at-home mother of three suddenly had to navigate money matters. It was “frightening,” Wilcox recalls. “I had shame for being divorced and knowing nothing about money. And I was 36.” With the departure or death of a partner who oversees finances, their mate can be left floundering. Add emotional upheaval, grief and even guilt, and suddenly just paying the bills can be overwhelming. In Wilcox’s case, becoming suddenly single had an upside once she learned to “turn the ship around.” Today she’s a confident and outgoing entrepreneur, homeowner and self-described “financial nerd” who’s teaching her own … [Read more...] about How to survive and thrive financially after becoming single
Reasonable homeowners insurance
When the budget airline Wow Air abruptly ceased operations earlier this year, thousands of travelers were left stranded and scrambling, on both sides of the Atlantic, to make alternate travel plans. The news, after months of speculation that the Icelandic airline was struggling financially, came at a period that has already been particularly difficult for low-cost carriers. Cyprus’ Cobalt Air, Pakistan’s Shaheen Air, and Primera, based in Denmark and Latvia, collapsed in October. In February, Flybmi and Germania filed for bankruptcy. For most, rising fuel costs and overexpansion led to their demise. Budget airlines are appealing to travelers because they offer much lower prices than major airlines. A flight to London from New York can cost around $1,000 on American Airlines, British Airways or another major carrier, but the same trip on low-cost Norwegian, for the same dates, can be around $600. Similarly, a flight from Washington to Paris costs around $1,200 on Air France, … [Read more...] about News Are budget airlines really worth it?
By Bruce Campion-Smith Ottawa Bureau Alex Ballingall Ottawa Bureau Tues., April 30, 2019 OTTAWA—Rising floodwaters that have forced thousands of people to evacuate, left homes awash and spurred costly government responses are prompting political discussions about whether homeowners should be permanently moved out of high-risk flood zones. “We recognize how this is a new reality for far too many people. Extreme weather situations are coming more and more often,” Prime Minister Justin Trudeau told reporters Tuesday. Trudeau said the federal government will need to work with municipalities, provinces and residents in areas that “will have to move or rebuild differently. “We know that the reality of climate change is hitting us harder every year, and this government is going to be a partner,” he said. Floods in New Brunswick, Quebec and Ontario have hit more than 15,000 homes and the forecast of rain has officials … [Read more...] about As environmental risks increase, governments consider buyouts for flood-prone properties
By Star Editorial Board Fri., April 26, 2019 Haven’t we seen this movie before? Are those pictures of flooded homes from last week, last year or the year before that? It all seems to run together. In fact, that’s the point. The parts of Ontario, Quebec and New Brunswick that were inundated by overflowing rivers in the past week have been hit time and again, and it keeps getting worse. “Once-in-a-lifetime” floods now seem to come along like rush-hour buses. And if it isn’t floods, it’s fires and killer heat. The wildfire season in western Canada last year was the worst on record, with dense smoke choking even downtown Vancouver. Much of Europe and Quebec suffered through a heatwave that killed hundreds. Torrential downpours flooded parts of Toronto. This is, the experts now tell us, the “new normal.” The effects of climate change are no longer a threat for the future; they’re the here and now. Of course, … [Read more...] about Floods show we must adapt to the ‘new normal’ of climate change
By Morgan Lowrie The Canadian Press Sun., April 28, 2019 MONTREAL—Residents of a flood-ravaged suburb west of Montreal tried in vain to get access to their trapped pets, medication and personal effects on Sunday after thousands were forced to flee their homes with little more than the clothes on their backs. Emergency workers urged another 1,500 residents of Ste-Marthe-sur-le-Lac, Que., to leave their homes Sunday, one day after the Lake of Two Mountains broke through a natural dike northwest of the city and forced some 5,000 others to flee without notice. Sylvain Lauzon said water began shooting out of his sink and floor drain at about 7 p.m. on Saturday. “It was like a war,” he said Sunday. “Police and firemen coming to your door, telling you to get out fast.” Lauzon said he delayed evacuating just long enough to help his neighbours, and to gather his two dogs and one of his two cats. Within an hour, he said, water had rushed down the … [Read more...] about Broken Quebec dike forces thousands of evacuations northwest of Montreal