World Business and Finance

Most Canadians love their universal health care. Yet we often forget that health care is a provincial responsibility. When we travel into other provinces, we may be surprised to find out we’re not covered. Take these two examples: 

A pregnant Albertan woman was vacationing in Ontario when she went into premature labour two months before her due date. The Ontario hospital she gave birth in was not properly equipped to handle such a premature baby, so mother and child were emergency airlifted to a larger hospital with better resources. They returned to Alberta healthy, but received a bill for tens of thousands of dollars.  

While vacationing in Yukon, an Ontario man became seriously ill. He was airlifted to Vancouver to receive treatment and later received a bill for nearly $20,000.  

This is why it’s important to check your coverage and have travel medical insurance whenever you’re travelling, even if it’s

Did you know there’s a huge difference between collector car insurance and regular car insurance? We’ll explain these different coverages and why you wouldn’t want to insure your collector car like a regular vehicle. This includes: 

• How vehicles are valued.  
• Driving restrictions. 
• The cost of coverage.  
• Ability to do your own repairs. 

• Storage requirements.  
• Driver requirements.  
• Emergency roadside assistance. 
• Claims handling. 

How Vehicles Are Valued 

One of the biggest differences between collector car insurance and regular car insurance is how the vehicles are valued. Regular car insurance value your vehicle based on the price you purchased it for or its current market value (purchase price plus depreciation). However, a collector car insurance policy values the vehicle based on an agreed value. This means the collector vehicle is valued based on an appraisal or its true market value. This is important because collector vehicles don’t depreciate like a regular vehicle.  

For

Famous for its wind, sunshine, coulees, bridge and post-secondary education institutions, Lethbridge is a great prairie city to visit. It makes a good day trip from Calgary or weekend trip if you’re coming from further away.  (We have two locations in Lethbridge and more in the surrounding communities, so we might be a little biased – we love it down here!)

Explore the River Valley Parks 

The Oldman River winds through the coulees, dividing Lethbridge into two parts. The river valley is beautiful and perfect for walking or biking. Most of the valley in and around Lethbridge has been made into parks, including: 

• Pavan Park – The northernmost park featuring picnic areas, volleyball court, playground and walking/biking trails. You can explore the coulees, trees and river here. 
• Alexander Wilderness Park – If you’re into birding or going for a nature walk, this is the park for you. No bikes or

There is a lot of misinformation that goes around when it comes to purchasing car insurance. While you cannot be denied mandatory car insurance coverage in Alberta, you can be denied optional coverage by insurers. 

Mandatory Car Insurance in Alberta 

The Government of Alberta requires all drivers to carry the following insurance: 

• Third-party liability insurance – this helps cover costs if you cause bodily injury and/or property damage if you are at fault or partially at fault in an accident; it also includes legal expenses. 
• Accident benefits – include medical, disability, death and funeral expense benefits. 
• Direct compensation for property damage insurance – covers damage to your own vehicle if you are not at fault or partially at fault in an accident.  

Optional Car Insurance in Alberta 

Optional car insurance is anything above the mandatory minimum coverage required by the Government of Alberta, such as: 

• Collision – assists with the