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Airline Fuel Surcharges, Economy, and Weekend Reading -
The News
Finally, a company who follows their word. In lieu of lower oil prices, WestJet Canada has eliminated the fuel surcharge that they imposed when oil was near $140 a barrel. This may be a good time to do a bit of traveling!
The economists at Scotia Bank predict that Canada will fall into a recession!
Because of the global market crash (too dramatic?), the Bank of Canada and U.S Fed (along with other countries) have dropped rates by 0.50%. However, the big banks have only dropped their prime rate by 0.25%. Regardless, it’s still welcome news for variable rate debt holders.
Weekend Blog Reading
Consumerism Commentary summarizes Knight Kiplinger’s Solution to The Economic Crisis.
The Financial Blogger explains how to beat inflation.
Canadian Dream questions the goals of life in soul searching and goals.
Canadian Capitalist is thinking about worst case scenarios.
Four Pillars asks is now a good time to buy a house?
Where Does All My Money Go has a primer on ETNs - Exchange Traded Notes.
Thicken My Wallet has an informative series on Dividend yield stocks and their debt loads.
6 Comments, Comment or Ping
1. The Financial Blogger
Hey Thx for the mention!
Enjoy your weekend!
Oct 10th, 2008 @ 8:23 am
2. Four Pillars
Thanks for the mention!
Oct 10th, 2008 @ 8:31 am
3. Canadian Dream
Thanks for the link! Have a great long weekend eating turkey!
Oct 10th, 2008 @ 9:53 am
4. melissa
You know, despite the fact that they’ve advertised that the ‘fuel surcharge’ is gone - I found Westjet prices to be same before and after the announcement. I think that cost increases were just worked into other areas.
Oct 10th, 2008 @ 12:48 pm
5. BSCC
I wish more companies would follow the lead of WestJet Canada. Kudos to them!
Oct 10th, 2008 @ 2:09 pm
6. WhereDoesAllMyMoneyGo.com
Thanks for the mention FT - have a great weekend, and Happy Thanksgiving everyone!
Oct 11th, 2008 @ 1:30 am
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