5 Things To Know Today
Miss Canada poses in a hockey costume for judges at the Miss Universe pageant. Gas prices are up 2-cents in Toronto. CBC bans all on-air journalists from paid appearances. Big banks not budging on mortgage rates. Uber claims its safety standards are higher than the city’s.
MISS CANADA POSES IN HOCKEY ATTIRE FOR MISS UNIVERSE COMPETITION
Miss Canada was looking to score with what she wore in front of the judges at the 63rd annual Miss Universe Competition in Miami, Florida. Miss Canada impressed judges as she posed for them in hockey attire. I like it. Chanel Beckenlehner was wearing a Stanley Cup crown, while holding two hockey sticks with a scoreboard posted on her back. Keep in mind last year Miss USA dressed as a Transformer from the Michael Bay films.
GAS PRICES UP 2-CENTS IN TORONTO
Here in Toronto, gas prices are up 2-cents a litre this morning, with the average now sitting at 91.9. That hike had already been expected, even before the rise in oil prices late yesterday.
CBC BANS ALL PAID APPEARANCES
After coming under fire for several controversies alleging conflict of interest, the Canadian Broadcasting Corporation is announcing tonight that they’re banning any outside paid appearances by on-air journalists. The public broadcaster issued a memo Thursday night, saying “Given that paid appearances can create an adverse impact on the Corporation, CBC/Radio-Canada will no longer approve paid appearances by its on-air journalistic employees. In order to further our commitment to transparency, we will continue to disclose all appearances on our websites.” The memo was signed by CBC News Editor-in-Chief Jennifer McGuire and Michel Cormier, Radio-Canada’s executive director of news and current affairs. It also says their on-air journalists may speak at public events, and may make appearances or moderate events, but they have to make sure it doesn’t represent any real or perceived conflicts of interest, and they must obtain permission from a supervisor. A spokesperson for the company told Global News that the policy does not apply to freelance journalists. The ban comes after the website Canadaland published a report alleging CBC Business reporter Amanda Lang was attempting to “sabotage” a story about the Royal Bank of Canada and its use of temporary foreign workers in 2013. The site also reported Lang being in a relationship with an RBC board member, and was paid to speak at their events. It also alleged Lang accepted money from Manulife for moderating seminars, and from Sun Life for one speaking appearance. The CBC, and Lang herself, both defended the appearances, saying they were approved. Lang also denies attempting to “sink the investigative RBC report,” and says she told management about her relationship with the board member. The memo also said it “holds itself to the highest standards of journalistic integrity… However, a changing environment in which the public expects more transparency from institutions and the media is making the practice of paid outside activities for our journalists less acceptable to audiences.”
BIG BANKS NOT BUDGING ON MORTGAGE RATES
The big banks have yet to drop their mortgage rates in the wake of the Bank of Canada cutting its key lending rate by 1/4 point. however, mortgage brokers say it is only a matter of time, with 5-year fixed rates potentially dropping to a record-low of 2.5%, just in time for the busy spring housing market. Some small non-bank lenders have already begun cutting their rates.
UBER CLAIMS ITS SAFETY STANDARDS ARE HIGHER THAN THE CITY’S
In a bid to counter claims that it doesn’t do a good enough job screening job applicants, the Uber Taxi service in Toronto is releasing some stats. It claims at least 26 licensed Toronto cab drivers applied to become Uber drivers but were denied because of failed background checks. The city is taking legal action against the upstart app-based cab service, claiming Uber poses a serious risk to public safety. Company officials though say their safety standards are higher than the city’s.