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A sick Ontario preschooler is airlifted 350 kilometres from home due to his local hospital being full, some Canadians with fixed-rate mortgages are “terrified” as interest rates rise ahead of renewals, and parts of Canada are expected to get hit by remnants of a wide-reaching U.S. storm. Here’s what you need to know to start your day.
1. Airlifted 350 km from home: An Ontario mother says her son’s recent experience in Ontario’s packed pediatric health-care system has left her and her family terrified.
2. Fixed-rate mortgages: Canadians whose mortgages will soon be up for renewal say they’re “terrified” of not being able to afford payments. CTVNews.ca hears from dozens of homeowners with fixed-rate mortgages who either plan to sell their home, shop around for rates or cut back on spending to make ends meet.
3. Crypto exchange founder arrested: Sam Bankman-Fried, the founder of failed crypto exchange FTX, has been arrested in the Bahamas after U.S. prosecutors filed criminal charges against him, according to a statement from the government of the Bahamas.
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