Category Archives: Business

Bitcoins are now more valuable than gold Business, News

History was made Thursday.

The value of a single Bitcoin exceeded that of an ounce of gold, for the first time ever.

By Friday morning, the encrypted digital currency was worth $1712.06, compared to $1228.7 for a troy ounce of gold.

Around the same time last year, Bitcoin’s value sat at around $360, nearly five times less than where it’s sitting now.

Premier Kathleen Wynne to drop hydro rates 17% Business, News, Politics

Ontario’s will be seeing relief from high hydro bills following a decade of steadily increasing rates and the Liberals’ steady decline in approval ratings.

Ontario Premier Kathleen Wynne announced a new plan Thursday morning that will reduce hydro rates by about 17% on the average bill.

That’s on top of the 8% reduction announced at the beginning of the year, making rates drop by a total of 25% on average.

Wynne said the rate relief strategy—which will kick in this summer—is built to last.

Air Canada Airlines introduces new look Business, News

By: Victoria Sheba Air Canada is sprucing up it’s traditional red and white image, a new look that passengers and a marketing expert agree looks sharp. Brendon Bellerose, a frequent Air Canada passenger, likes how the airline added black to their planes and uniforms. “I feel like it’s a great upgrade to the airline,” said Bellerose,

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