BitConnect – Beware

The Ontario Securities Commission (OSC) has issued a warning to investors about BitConnect, which manages the websites bitconnect.co and bitconnectcoin.co, “where it claims to operate an online exchange platform known as the BCC Exchange.”

The sites “offer multiple investment opportunities that include ‘mining’, ‘trading’, and ‘staking’ BitConnect Coin, which is also known as BCC Coin,” says an OSC Investor Alert issued April 17. “BitConnect also claims to have raised money through an Initial Coin Offering.”

Not registered in Ontario…. read more

Reforms for Travel Health Insurance

As a travel insurance specialist, I have advocated for consumer protection with doctors and insurance companies. For you, the consumer, I am here to educate and provide you with knowledge and understanding of the products you are purchasing. 

The CCIR came up with a consumer survey on travel insurance to which results were posted in 2016. Further to the survey, recommendations were made by the CCIR on Travel Insurance Reforms that were posted on May 31, 2017. The goal is to enhance consumer protection and increase confidence in travel health insurance products.

Read more or Contact Me for a copy of the recommendations surrounding definitions, eligibility, exclusions…

 

Restaurant Surcharge to Cover Employee Benefits?

Starting on May 11th, 2017, a Toronto restaurant has added a three per cent surcharge to each bill in order to cover its new employee benefits program.

“We needed to bring in more money to pay for the benefits,” says Heather Mee, co-owner of Emma’s Country Kitchen. “It’s either raising our prices or [the surcharge, and] for us, this was a more honest and transparent way of doing that. . . . If there’s a clear, separate item, we can track it easily. We’re accountable to the fact that it’s not going into our pockets. It’s going only into the benefits program.”  Read more