Impacts of the Silicon Valley Bank collapse, housing market correction and tax return tips: Must-read business and investing stories

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Plus, Flair Airlines plane seizures may affect your summer travel

If you have a Flair Airlines flight booked for summer travel, you may want to double-check your boarding pass. The Edmonton-based discount carrierlast week for non-payment of US$1-million to Dublin-based Airborne Capital Ltd., Eric Atkins reports. Working with bailiffs, the leasing company grounded four Boeing 737s: two at Toronto Pearson Airport, one in Edmonton and one in Waterloo, Ont.

Flair recently paid its arrears to the Bank of China, butFebruary’s housing report from the Canadian Real Estate Association indicated this is the steepest house price correction at the national level in decades. The typical home in Canada has fallen by $132,000, or 15.7 per cent since last February –. In inflation-adjusted terms, national house prices have fallen nearly $168,000, a nearly 20 per cent decline.

 

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Parent company of Silicon Valley Bank files for bankruptcyThe parent of Silicon Valley Bank filed for Chapter 11 bankruptcy a week after the tech-focused bank failed and was seized by the U.S. government. China's still cashing in on their American bonds demonetizing the American dollar. Good i hope they all is king fuck the digital id and social credit system.
Source: CTVNews - 🏆 1. / 99 Read more »

Parent company of Silicon Valley Bank filing for bankruptcy protection | CBC NewsThe parent company of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection. 🤣
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