You probably saw something about the announcement last week by the Department of Transportation (DoT) that is about to launch a new rulemaking requiring airlines to provide compensation to passengers and cover their costs when their flights are delayed or canceled. Many hailed the announcement as a big gain for consumers; the more cynical said…
New Rule to Penalize Good Credit Borrowers, Will Reward High-Risk Individuals
The Biden administration wants airlines to compensate passengers with money, food, and hotel rooms when flights get canceled or seriously delayed. But airlines are pushing back. A new mortgage rule for home buyers is in effect. Critics say the Robin Hood-like rule forces people with good credit to pay more to support people with bad…
New Mortgage Rule to Penalize Good Credit Borrowers, Will Reward High-Risk Individuals
The Biden administration wants airlines to compensate passengers with money, food, and hotel rooms when flights get canceled or seriously delayed. But airlines are pushing back. A new mortgage rule for home buyers is in effect. Critics say the Robin Hood-like rule forces people with good credit to pay more to support people with bad…
Transport Minister Announces Plan to Overhaul Air Passenger Rights Legislation After Backlog of 42,000 Complaints
March 15, 2023
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The federal government has pledged to take action against loopholes that allow airlines to deny customers compensation for cancelled flights, promising to overhaul air passenger rights legislation in the spring session of Parliament. Minister of Transport Omar Alghabra made the announcement at a March 14 press conference at Toronto Pearson Airport. The minister also pledged funding…
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