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In the news today: BoC set to announce interest rate cut today

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Here is a roundup of stories from The Canadian Press designed to bring you up to speed…

Bank of Canada set to announce third consecutive interest rate cut today

The Bank of Canada will announce its interest rate decision this morning as forecasters expect it to deliver another quarter-point rate cut. Encouraged by slowing inflation, the central bank has lowered its policy rate at its last two meetings. Its key interest rate currently stands at 4.5 per cent and Governor Tiff Macklem has signalled the bank will continue to cut interest rates, so long as inflation continues to ease. High interest rates have helped reduce price pressures this year, bringing Canada’s inflation rate down to 2.5 per cent in July.

LGBTQ+ activists call for Trudeau to step aside

LGBTQ+ activists say Prime Minister Justin Trudeau’s pledge to remain the Liberal leader through to the next election, despite dwindling public support, is putting them at risk. Queer advocates say a Conservative government led by Pierre Poilievre would be dangerous for the LGBTQ+ community, and some are calling on Trudeau to step aside to give the Liberals a better chance at winning the next election — which must happen by Oct. 20, 2025. A spokesperson for the Conservatives did not directly respond to questions but instead sent an email with a series of transcribed answers that Poilievre gave to journalists between June 2023 and February 2024 on LGBTQ+ issues.

Here’s what else we’re watching…

TIFF touts celeb-charged edition after myriad woes

Toronto International Film Festival CEO Cameron Bailey says the annual cinematic showcase is “back in a big way” after several setbacks cast a shadow over last year’s event. The festival kicks off Thursday, bringing with it the star power lacking from last year’s edition due to Hollywood strikes. Angelina Jolie, Pharrell Williams and Cate Blanchett are among the celebs expected to walk the red carpet, while some of the buzziest titles include Pamela Anderson’s comeback drama “The Last Showgirl,” Jason Reitman’s “Saturday Night,” and Francis Ford Coppola’s self-funded passion project “Megalopolis.”

Talks set for Metro Vancouver transit strike

The operator of Metro Vancouver’s specialized HandyDART transit system says it will meet with striking workers and a mediator on Sunday in an effort to resolve the dispute that has shut down most of the service. TransDev Canada says it’s been in contact with the B.C. Labour Relations Board, which had contacted the union in an effort to resolve the contract dispute, and both sides had agreed to the meeting. Other HandyDART trips in Metro Vancouver have been cancelled for an indefinite period after unionized workers began their strike Tuesday morning.

Diet, demographics behind Prairies wasp outbreak

Patio-sitters and backyard barbecuers may have noticed some uninvited guests at their al fresco meals lately. An outbreak of wasps has already forced one Edmonton school to hold recess indoors and restaurant servers around the city to warn patrons there may be some yellow-jacketed gatecrashers at their outdoor table. Experts say the outbreak stems from wasp diet and demographics. As the weather cools, wasps slow down and will eventually all die — except for a few fertilized females who can start the whole cycle over again in the spring.

This report by The Canadian Press was first published September 4, 2024.

The Canadian Press. All rights reserved.



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Carolina Panthers’ early-season struggles not surprising to Proline players

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It has been a difficult start to the NFL season for quarterback Bryce Young and the Carolina Panthers.

Carolina has dropped its opening two games after Sunday’s 26-3 loss to the Los Angeles Chargers. And Young, the first player taken in the ’23 NFL draft, was 18-of-26 passing for 84 yards with an interception while being sacked twice.

As a result, veteran Andy Dalton will start Sunday when Carolina faces the Las Vegas Raiders (1-1).

According to the Ontario Lottery and Gaming Corp., the Chargers’ win was the most accurately predicted moneyline selection by Proline bettors. A whopping 92 per cent of wagers were on Los Angeles beating Carolina with 92 per cent also picking the Chargers to cover -4.5.

In other action that went in favour of Proline bettors: Kansas City edged Cincinnati 26-25 (86 per cent correctly selected the Chiefs to win); Houston got past Chicago 19-13 (81 per cent); the New York Jets defeated Tennessee 24-17 (78 per cent); Pittsburgh beat Denver 13-6 (76 per cent), Washington beat the New York Giants 21-18 (73 per cent); and Seattle toppled New England 23-20 (62 per cent).

However, only five per cent of bettors had the Raiders upsetting Baltimore 26-23.

And there was one winner of Proline’s second week main NFL pool of $407,613.

In NFL futures bets after the second week of the season, the odds for offensive player of the year got shorter for running backs Breece Hall (Jets) and Bijan Robinson (Atlanta) and Detroit receiver Amon-Ra St. Brown. But they got longer for running backs Kyren Williams (Rams), Christian McCaffrey (San Francisco) and Jonathan Taylor (Colts).

Quarterbacks Bo Nix (Denver), Jayden Daniels (Washington) and Caleb Williams (Chicago) all had their odds for offensive rookie of the year go up while they went down for running back Ray Davis (Buffalo), tight end Brock Bowers (Raiders) and receiver Malik Nabers (Giants).

Quarterbacks Patrick Mahones (Chiefs), Aaron Rodgers (Jets) and Jalen Hurts (Eagles) all had their odds for regular season MVP go up. But quarterbacks Jordan Love (Packers), Lamar Jackson (Baltimore) and Joe Burrow (Cincinnati) all saw theirs go down.

Kansas City, Philadelphia and Houston had their Super Bowl odds increase while Green Bay, Baltimore and Cincinnati all decreased.

Not surprising, the week’s top events were all NFL games. In order, they were; Buffalo-Miami, Chicago-Houston, Cincinnati-KC, Raiders-Ravens; and Saints-Cowboys.

A Proline retail player cashed in a $26,183 winner from a $10 bet on a 12-leg major-league baseball parlay. Another won $24,602 from a $10 wager on a 12-leg NFL parlay.

A third received $1,737 from a $3 bet on a six-leg NFL parlay.

A digital bettor earned $2,927 from a $25 bet on a five-leg NFL parlay while a second had a $704.35 return from a $1 wager on a seven-leg NFL parlay.

This report by The Canadian Press was first published Sept. 19, 2024.

The Canadian Press. All rights reserved.



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Detroit Lions coach Dan Campbell is selling his house to seek more privacy

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BLOOMFIELD HILLS, Mich. (AP) — Lions coach Dan Campbell is selling his suburban Detroit home to get more privacy.

“There’s plenty of space, it’s on two acres, the home is beautiful,” Campbell told Crain’s Detroit Business. “It’s just that people figured out where we lived when we lost.”

He didn’t elaborate.

Campbell and wife Holly listed the 7,800-square-foot house in Bloomfield Hills for $4.5 million this week. A deal was pending within 24 hours, Crain’s reported.

Campbell was hired by the Lions in 2021. After a 3-13-1 record that season, the team has become one of the best in the NFL, reaching the NFC championship game last January.

Campbell’s home was built in 2013 for Igor Larionov, a Hockey Hall of Fame member who played for the Detroit Red Wings.

The likely buyers are “huge” Lions fans, said Ashley Crain, who is representing Campbell and the buyers in the sale.

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AP NFL:

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How to recoup costs when you travel to an event that gets cancelled

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Ariella Kimmel and Mandi Johnson were grabbing a bite to eat in Vienna, when their August trip to the Austrian capital was upended.

The Canadian duo had travelled to the city to see Taylor Swift in concert only to learn her shows would be cancelled because of two men plotting to launch an attack on fans outside the venue, Ernst Happel Stadium.

While Kimmel and Johnson were disappointed they weren’t going to be able to see Swift perform, they made the most of the remainder of their trip. However, the experience serves as a buyer’s beware for Canadians considering jet setting to see their favourite artists or teams.

“If you’re travelling to these concerts, it’s really hard to protect yourself,” said Kimmel, a Toronto-based vice-president at a public affairs firm who had previously travelled with Johnson to see Swift in Las Vegas, Nashville and Stockholm.

Such trips can make lifelong memories when they go off without a hitch, but cancellations and rescheduled events are common because of artist illnesses, poor ticket sales, security threats, unruly weather and natural disasters.

In the last year alone, Jennifer Lopez and the Black Keys scuttled touring plans after tickets had been sold, while Bruce Springsteen, Usher and Pink had to tell fans they couldn’t take the stage mere hoursbefore show time.

Between airfares, hotels, travel expenses and tickets, last-minute cancellations can leave globe-trotting eventgoers out hundreds, if not thousands, of dollars.

“Regrettably, unpredictability has always been a reality of the industry but it’s increasingly common that there might be things that are going to interrupt your plans, especially plans that you’re really excited about,” said Jenny Kost, the Calgary-based global director of strategic sales initiatives at Corporate Traveller Canada.

“It’s a tricky one because the airline or hotel understands the reason behind your travel but its likelihood of happening or not happening is a little bit outside of their purview.”

Because Swift is known to power through shows even when sick, Kimmel never imagined a concert she was headed to would ever be cancelled, but she always booked plane tickets and hotels that could be rescheduled or refunded — a move she recommends to others travelling for events.

“It’s like common sense, you never know what’s going to happen,” Kimmel said.

However, making use of the rescheduling and refund options her hotel booking and airline tickets had weren’t an option for Kimmel this time because she had already been in Austria for a few days and had very little of her stay left when Swift cancelled.

Had the show been nixed before Kimmel left home, the flexibility baked into the bookings would have been useful, though Kost said such arrangements aren’t cheap.

“There is a cost associated with that that’s not insignificant,” she warned, estimating these kinds of bookings can add hundreds of dollars to your bill and have lots of quirks in the fine print.

The better bet is travel insurance, Kost said. It’s often cheaper than flexible fares and hotel bookings and can reimburse customers for accommodations and flights they have to drop or swap when an event gets cancel or an emergency strikes.

Kost opted for such insurance when she journeyed to Paris to see Swift over the summer and bought it again in a cab on her way to Mexico for a wedding. The insurance cost her about $150 for a week, but when she had to extend her stay because she fell ill, it covered the cost of all of her accommodations.

She doesn’t encourage people to wait until the last minute to buy the insurance like she did because buying it early can provide some reprieve when an event you’re travelling to is cancelled well in advance.

Travel costs aside, people heading out-of-town for events that wind up cancelled also have to consider whether they will get the money they spent on entry fees and tickets back.

In Kimmel and Johnson’s case, they paid Ticketmaster about $300 per seat. They learned just after the cancellation that they would be refunded — but not for an $85 transaction fee they were charged when purchasing the tickets.

“We paid $85 to not see her but I guess that in the grand scheme of what we were going to pay, it’s not a lot at all,” Kimmel said.

They did not opt to buy insurance on their tickets, which Ticketmaster offers through Allianz Global Assistance for $8, plus tax. Allianz’s vice-president of marketing and insights Dan Keon said the insurance offers coverage up to $1,000 per ticket.

In addition to offering refunds if an event is cancelled by a venue or promoter, the coverage can provide a reimbursement for a variety of situations. Those include if you are facing a serious medical issue or death, have a family member in life-threatening condition, are summoned by the military or are delayed in arriving at the venue because of a common transportation carrier.

If you’re going to opt into the insurance, Keon said review the terms ahead of time, so you understand exactly what scenarios you will be covered in.

The insurance, for example, can’t be used in the event of a pandemic, war or natural disaster.

This report by The Canadian Press was first published Sept. 19, 2024.



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