Senate expenses climbed to $7.2 million in 2023, up nearly 30%
Senators in Canada claimed $7.2 million in expenses in 2023, a nearly 30 per cent increase over the previous year.
TD Bank Group says it paused the MyMoney lending program it recently launched with Canada Post after it detected suspicious activity on its system.
Spokeswoman Amy Thompson says processing was affected when the bank's security system noticed "early warning signs of irregular activities" and the bank decided to pause the program to investigate.
She says it is disappointing that "bad actors" tried to take advantage of the lending program, officially launched Oct. 12, that is meant to expand access to loans through the partnership with Canada Post.
Thompson says the bank, which is in charge of running the program, hopes to reopen applications as soon as it feels it is appropriate.
The program, offering loans of between $1,000 and $30,000 at variable interest rates currently ranging from about 10 and 20 per cent, is designed to fill a gap between payday lenders and traditional banks.
Under the program, postal workers direct customers on how to apply either online or by phone for the loans, as well as to provide materials with more information, while TD employees support customers through the actual application, decision-making and funding process.
This report by The Canadian Press was first published Nov. 28, 2022.
Senators in Canada claimed $7.2 million in expenses in 2023, a nearly 30 per cent increase over the previous year.
Police say a baby and a pedestrian suffered non-life-threatening injuries after a vehicle struck a baby stroller and dragged it for two blocks before stopping in Squamish, B.C.
Former NDP leader Tom Mulcair says that what's happening now in a trash-littered federal park in Quebec is a perfect metaphor for how the Trudeau government runs things.
A group of demonstrators were kicked out of the legislature after a second NDP motion calling for unanimous consent to reverse a ban on the keffiyeh failed to pass.
The RCMP says it has uncovered a plot by two men in Montreal to sell Chinese drones and military equipment to Libya illegally.
The U.S. Justice Department announced a US$138.7 million settlement Tuesday with more than 100 people who accused the FBI of grossly mishandling allegations of sexual assault against Larry Nassar in 2015 and 2016, a critical time gap that allowed the sports doctor to continue to prey on victims before his arrest.
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The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
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