How to navigate travel insurance ahead of spring break
BNN Bloomberg
Canadians looking to get away for spring break now have a more robust range of travel insurance options.
MONTREAL - With the Omicron variant in retreat, Canadians looking to get away for spring break now have a more robust range of travel insurance options.
The federal government announced last week it will roll back testing and quarantine restrictions and lift its blanket advisory against trips abroad, effective Monday.
Although Canada's requirement for pre-departure COVID-19 molecular testing will end on that date, potentially cheaper and easier-to-access rapid antigen tests will be mandatory. Unvaccinated children under 12 will also no longer need to self-isolate upon return to the country.
For insurance seekers, the biggest change will be felt after the travel warning is removed. An insured traveller can now get full medical coverage if they're hospitalized on foreign soil due to COVID-19, as companies add the virus to their polices again after removing or reducing it when Ottawa rolled out its travel warning in mid-December.
“Now there are no riders, no caps on it,'' said Marty Firestone, president of Toronto-based insurance broker Travel Secure.
If tourists test positive they will still have to wait 10 days before returning to Canada, but it's a cost they can hedge with a relatively new insurance option.
Global oil prices will continue to rise as the war in the Middle East continues and the Strait of Hormuz remains inaccessible, according to an energy expert.
Canada’s federally backed farm lender is offering financial aid to farmers, agricultural businesses and food companies hit by the spike in fertilizer and energy prices, it said on Friday.
Jay Allen is a fan of U.S. President Donald Trump, and voted for him on the belief that the Republican would cut taxes and trim regulations, helping his manufacturing business in northeast Arkansas.
Another climb for oil prices sent the U.S. stock market sharply lower, as hopes collapsed for a possible cut to interest rates by the Federal Reserve.
Global oil prices will continue to rise as the war in the Middle East continues and the Strait of Hormuz remains inaccessible, according to an energy expert.
Global oil prices will continue to rise as the war in the Middle East continues and the Strait of Hormuz remains inaccessible, according to an energy expert.
Facing a $1.4 billion deficit shortfall, the provincial government says its large-animal vet service will be privatized over the next three years.
Facing a $1.4 billion deficit shortfall, the provincial government says its large-animal vet service will be privatized over the next three years.
Jurors wade through daunting evidence in high-stakes Meta trial about social media risks to children
A stream of testimony and evidence has been presented in a New Mexico case exploring what Meta knew about the effects of its platforms on children.
Markets in Canada and the U.S. continued to trade lower while oil went up late morning on Friday as inflationary fears prevailed among investors.
Gold prices fell by 1.8 per cent on Friday as the dollar strengthened on a report that the United States will deploy extra troops in the Middle East, fanning concerns of higher oil prices, inflation, and with it, elevated interest rates.
Canada’s federally backed farm lender is offering financial aid to farmers, agricultural businesses and food companies hit by the spike in fertilizer and energy prices, it said on Friday.
Statistics Canada says retail sales were up 1.1 per cent at $70.7 billion in January, led by sales at motor vehicle and parts dealers.