Aaron Saltzman

Senior Reporter, Consumer Affairs

Aaron Saltzman is CBC's Senior Business Reporter. Tips/Story ideas always welcome. aaron.saltzman@cbc.ca twitter.com/cbcsaltzman

Latest from Aaron Saltzman

WestJet seeks exemption to section of Canada Labour Code covering group terminations

WestJet is asking for an exemption to the section of the Canada Labour Code covering group terminations, designed to protect employees and prevent a flood of workers entering the labour market all at once.

'That's not much of a discount': Why some auto insurers still aren't cutting rates for all during pandemic

Some drivers are questioning why they aren't seeing a significant reduction in insurance rates given the lockdown's eerily empty roads, especially in light of the insurance industry promising rebates and relief in the order of hundreds of millions of dollars.

COVID-19 has world's major economies on track for worst quarterly decline in history

The flood of negative economic indicators caused by the novel coronavirus is set to reach epic proportions in the second quarter, with the world's major economies poised to see their worst ever quarterly decline on record. 

COVID-19 prompts flood of people to write, change their wills — but quarantine measures are getting in the way

COVID-19 has people around the world worried about death, but in many cases the very nature of this health crisis is also preventing them from putting their affairs in order.

Consumers could face hit to credit scores, jump in payments from mortgage deferrals

Details of RBC's mortgage deferral program, obtained by CBC News, reveal the option will available to all mortgage holders but in a way that will add to customers' debt load and appears to ensure the bank will not lose money in the short term, and possibly even come out ahead.

Frustrated Canadians looking for mortgage deferrals from big banks facing delays, denials

Some Canadians looking defer mortgage payments due to COVID-19 say they are facing delays and denials and say the process isn't nearly as straightforward as the government and big banks have made it out to be.

Woman who took thousands from 97-year-old with dementia owns expensive lakefront cottage, downtown condo

A woman who said she took tens of thousands of dollars from a 97-year-old with dementia because she needed the money owns a waterfront cottage on Lake Huron that a neighbour says is worth as much as $1 million, along with a condo in downtown Toronto.

'She wanted to do that for me': Woman with power of attorney takes thousands from 97-year-old with dementia

A woman with power of attorney who took tens of thousands of dollars from a 97-year-old woman with dementia had criminal charges against her withdrawn, in a case critics say exposes gaps in the justice and banking systems that leave the elderly and infirm vulnerable to financial abuse. 

Elite talent: The private school education of NHL All-Stars

Of the 37 North American players named to this year's NHL All star game or filling in as replacements, 15 — or 40 per cent — attended private school. It's a statistic that reinforces the notion that hockey, particularly at its very highest levels, is increasingly a sport not just for those who can afford it, but for those in the highest tax brackets.

Rogers offering free cellphone delivery, setup service — but will it work?

Rogers is offering a personalized, delivery and setup service for new cellphones. It continues the trend of retail moving from bricks and mortar to on-demand home service. But will it change the company's image when it comes to customer service?

Are Canadian car owners being misled about how often a vehicle needs to be serviced?

A class-action lawsuit claiming Canadian car owners are being misled about their vehicle's maintenance schedule is raising questions about how often drivers need to service their cars or even change the oil.

Tim Hortons pulls Beyond Meat products from Canadian locations outside B.C., Ontario

Tim Hortons is pulling Beyond Meat products from Canadian locations outside Ontario and B.C., but the parent company of the fast-food chain says it may bring the plant-based protein foods back later if there's enough demand.

Companies look to cash in on out-of-this-world profits in new space economy

The commercialization of space involves some staggering numbers, much as $1 trillion US per year by some estimates. Canada is finding lucrative off-earth business opportunities.

Why life-saving improvements to car safety have benefited men more than women

New research shows that while cars are safer than they've ever been, women are at greater risk of suffering serious or fatal injuries in a collision compared to men. A big reason why, experts say, is automotive safety tests are conducted almost exclusively with crash test dummies modelled after men.
Analysis

New type of retirement plans cut risk of outliving your money — but there's a catch

There is now a simple, cost-effective way to allow you to enjoy your early retirement years and not have to worry about outliving your money. It's called a deferred life annuity. It's a way to give people who reach a certain age income for life, at a fraction of the cost of a traditional annuity.

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