TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Gold Price Holds Above $4,000 as Fed Rate Hike Expectations and U.S. Jobs Data Weigh on Market 
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease 
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence 
Oil Prices Slip as Iran Talks and Strong Supply Outlook Ease Market Concerns 
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source 
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch 
Air Canada will impose carry-on bag fees for basic fare passengers starting Jan. 3, citing rising operational costs. Ottawa criticized the policy, saying it burdens Canadian travelers already grappling with increased airline fees. Basic economy travelers can still bring small items under the seat for free.
Ottawa Criticizes Air Canada's New Carry-On Fee Policy
Per Reuters, Ottawa wasted no time in denouncing Air Canada's announcement on Wednesday that, beginning on January 3, it will begin charging customers who choose its most affordable basic fare for North American destinations for larger carry-on luggage.
Under the new rules, passengers will now be charged for bulkier things like roller-boards, duffel bags, or large backpacks. The base rate for the first bag is $35 and for each additional bag it's $50.
United Airlines has established a policy that is comparable to this one, which mandates that passengers flying in basic economy pay a minimum of $35 for carry-on luggage.
Passengers Face Additional Costs for Seat Changes and Checked Luggage
Anita Anand, the Minister of Transport for the federal government of Canada, expressed that she was "extremely concerned" about the announcement.
"Canadians work hard and save up to travel. They rightly expect excellent service, not extra fees," she wrote on social media.
Personal items that are small enough to fit beneath the seat, like a purse or a laptop bag, are nonetheless permitted to be brought on board by all passengers.
In response to growing maintenance and labor contract expenses, airlines have decided to raise the rate for checked luggage on flights inside North America, Investing.com shares.
Comfort Economy Passengers to Benefit from New Baggage Allowance
If a basic fare passenger wants to change their seat from the one they were allocated at check-in, there will be an extra charge from Air Canada.
Flights on the Montreal-based flag carrier's comfort economy rate will now include an increase to the checked baggage allowance, allowing customers to check two bags for free.
