Real estate complaints are up; bank apologizes after customer calls out racism: CBC's Marketplace Cheat Sheet - Action News
Home WebMail Friday, November 22, 2024, 02:24 AM | Calgary | -11.4°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Business

Real estate complaints are up; bank apologizes after customer calls out racism: CBC's Marketplace Cheat Sheet

CBC's Marketplace rounds up the consumer and health news you need from the week.

Consumer and health news you need from the week

The economic dangers of skyrocketing home prices

4 years ago
Duration 2:04
Housing sales and prices hit year-over-year record highs in the Greater Toronto Area and experts warn it is a dangerous pattern across the country, threatening the overall economy.

Miss something this week? Don't panic. CBC'sMarketplacerounds up the consumer and health news you need. Want this in your inbox?

Get theMarketplacenewsletter every Friday.

The pandemic has the real estate market heating up. But some buyers say agents are breaking rules

When Carla Vanderdeen-Fenech started shopping for a home in Hamilton in late 2020, she knew it would be competitive.

What she didn't expect was to live in a friend's basement for five months while she looked for a new home. Vanderdeen-Fenech contends her family wouldn't be in a basement if agents weren't breaking the rules to milk as much money out of buyers as possible.

She filed a complaint to the Real Estate Council of Ontario (RECO) earlier this year when she says a local listing agent broke the rules by sharing the price of a competing bid.

The 40-year-old says she's coming forward with her experience to warn others as the pandemic-era housing market continues to intensify.Read more

Carla Vanderdeen-Fenech and her husband, Philip, say they're coming forward with their homebuying experience to help others avoid the same issue. (Bobby Hristova/CBC)

Black customer recounts 'degrading' treatment at TD Bank branch

A Black man who says he's repeatedly experienced racism while depositing cheques at a TD Canada Trust branch in Ottawa is dismissing the bank's apology to him as hollow.

Keshna Spalding said he's been a TD customer for more than 20 years, but never had an issue until two years ago when he moved to Orlans, a suburb in the city's east end. At a branch there, Spalding said he has experienced "degrading" treatment that he believes is rooted in racism.

"They will question every cheque that I come into the bank with," Spalding said. "Everything had to be verified, which wasn't the case before."

Carla Hindman, TD's manager of corporate and public affairs, told CBC News the company has offered an unreserved public apology to Spalding and has introduced enhanced training and education programs about anti-Black racism in order to foster "a culture of diversity, inclusion, and equity."

But Spalding said after receiving the apology, he had another negative experience at the branch.Read more

Marketplacepreviously investigateddiscrimination in the oil sandsand thehome appraisal industryaspart of ourFace Racismseries.

Eleven million Rogers customers lost their wireless coverage a week ago, and they're now scam artists have been the outage to try to trick people into clicking on fraudulent links. (Brent Lewin/Bloomberg)

Watch out for this scam targeting Rogers customers

Heads up: Scam artists have been using last week's wireless outage at Rogers Communications Inc. as a way to trick people into clicking on fraudulent links.

One fake claim that's been popping up alleges that "R0GERS WIRELESS INC." is offering a $50 credit to make up for the inconvenience if people click on a link.

But if you look closely, the O in Rogers is a zero, marking the link as a scam.

A Rogers spokesperson says the real credit is equal to one day's service, so the amount depends on the customer.

"Some customers have received scam text messages requesting individuals [to]click on a link to collect a credit," the company said. "These messages are not from Rogers."Read more

Black man refuses banks apology for degrading treatment

3 years ago
Duration 2:02
A Black man has rejected TD Bank's apology for the way staff at an Ottawa branch treated him when he tried to cash cheques for his business, which he says was degrading. Its an experience other Black business owners have had while banking.

Ontario largely ignored long-term care as COVID-19 crisis began, internal documents reveal

Internal provincial government documents obtained by CBC News show few signs that Ontario prepared the long-term care sector for the risks from COVID-19 before the virus began its deadly spread throughnursing homes.

CBC News asked the Ministry of Health and Ministry of Long-Term Care for all reports, memos and briefing notes concerning the novel coronavirus/COVID-19 and long-term care homes in February, March and April of 2020.

Only a handful of documents from the ministries mention protecting long-term care residents in February, even as cases were steadily arriving in Ontario and the devastation from the infections in Italy became apparent.Read more

Last year, aMarketplacedata analysisfound that85 per centof Ontarionursing homes break the lawrepeatedly with almost no consequences.

Across Ontario, 3,756 residents of long-term care have died while infected with COVID-19, along with 11 staff of nursing homes. These crosses represent deceased residents of Camilla Care Community in Mississauga, Ont. (Evan Mitsui/CBC)

What else is going on?

How Montreal, not long ago the epicentre of the pandemic in Canada, avoided a disastrous 3rd wave
'We changed basically everything in how we do things,' says top public health official.

Apple users can say no to being tracked with new software update
New iOS will restrict what data apps can share with third parties.

Patents for COVID-19 vaccines slow global supply, raise risk of new variants, advocates say
WHO data suggests richer countries have so far received 87 per cent of doses globally.

Travel company Transat AT reaches $700M aid deal with Ottawa
Deal includes millions to provide reimbursements to travellers.

What else is going on?

CBC Gem logo

Attention home buyers, sellers and agents: We want to hear from you! Have you noticed any suspect practices, found yourself in unethical bidding warsor caught anyone behaving below board in the real estate industry? Email us atmarketplace@cbc.ca

Add some good to your morning and evening.

Subscribe to our newsletter for consumer news, tips and insider info to help you save cash and stay healthy.

...

The next issue of The Marketplace Watchdog newsletter will soon be in your inbox.

Discover all CBC newsletters in theSubscription Centre.opens new window

This site is protected by reCAPTCHA and the Google Privacy Policy and Google Terms of Service apply.