LOCAL
Canadians are betting record sums online — and falling in debt. Here’s how to dig out
Canadians Face Rising Gambling Debts Amid Online Betting Surge
As online gambling becomes increasingly popular, many Canadians are struggling with significant debts. Financial experts offer advice on how to manage and overcome these challenges.
Summary
- Rob Kilner reports clients with gambling debts ranging from thousands to over $250,000.
- The rise in online betting has led to unprecedented financial strain for many Canadians.
- Experts emphasize the importance of seeking help and developing a repayment plan.
Article Body
British Columbia is witnessing a surge in online gambling, leading to record sums wagered by Canadians. However, this trend has also resulted in a troubling increase in gambling-related debts. Financial advisor Rob Kilner has noted that his clients’ debts vary widely, with some owing as little as a few thousand dollars, while others face burdens exceeding a quarter of a million.
The growing popularity of online betting platforms has made it easier for individuals to place bets, often without fully understanding the financial implications. As a result, many Canadians find themselves in precarious financial situations, struggling to manage their debts.
Experts recommend that individuals facing gambling debts take immediate action. Developing a structured repayment plan and seeking professional financial advice can be crucial steps in regaining control over one’s finances. Additionally, support groups and counseling services are available for those who need assistance in overcoming gambling addiction.
As the trend of online gambling continues, it is essential for Canadians to remain aware of the risks involved and to seek help if they find themselves in financial distress.
Economy
Canada Launches One-Time Grocery Benefit: Here is How Much You Could Receive on June 5
Canadians will receive the new Canada Groceries and Essentials Benefit on June 5. Learn about eligibility, payment amounts, and how inflation affects your rebate.

The New Canada Groceries and Essentials Benefit Arrives
In a direct response to the rising cost of living, the federal government has officially announced the launch date for the new Canada Groceries and Essentials Benefit (CGEB). Canada Revenue Agency (CRA) Secretary of State Wayne Long confirmed Friday that eligible Canadians can expect their one-time payment to arrive on June 5. This new initiative is set to replace the existing GST/HST credit system, providing a targeted financial injection to households struggling with food inflation.
Eligibility and Payment Structures
The CGEB is designed to mirror the eligibility criteria of the previous GST/HST rebate, ensuring that those who previously qualified will automatically transition to the new benefit. However, Secretary Long emphasized a critical requirement: Canadians must file their income tax returns to remain eligible for the refund. The payout amounts are tiered based on familial status and the number of dependents. For instance, single Canadians without children can expect a maximum payout of $267, while a married or common-law family with four children could receive up to $717.
Long-Term Support and Inflation Indexing
Unlike previous static rebates, the CGEB will be indexed to inflation, ensuring that future payments adjust alongside the cost of living. When combined with quarterly benefits, the total support for a family of four could reach up to $1,890 in 2026, while single individuals may see up to $950. \”As a society, as a country, and as a government, we should be judged by how we reach out, look after, and protect our most vulnerable,\” Long stated during the announcement.
Addressing Volatile Food Prices
The timing of the benefit comes as Statistics Canada reports significant price fluctuations at the grocery store. Recent data shows that staples like whole chicken and ground beef have jumped by over a dollar per kilogram in a single month. While some items like bacon saw marginal decreases, the broader economic landscape remains precarious. Global pressures, including rising shipping and gas costs linked to geopolitical tensions in the Middle East and the closure of the Strait of Hormuz, continue to exert upward pressure on Canadian food prices, making the June 5 payout a critical lifeline for many.
business
Air Canada Cuts New York JFK Routes as Middle East Conflict Doubles Jet Fuel Prices
Air Canada suspends Toronto and Montreal flights to JFK through October as jet fuel prices double amid Middle East conflict and global energy shortages.

Rising Fuel Costs Trigger Temporary Route Suspensions
Air Canada has announced the temporary suspension of its flight services from Toronto and Montreal to New York’s John F. Kennedy International Airport (JFK). The decision comes as the airline grapples with a dramatic surge in operational costs fueled by the ongoing conflict in the Middle East. A spokesperson for the carrier confirmed on Friday that schedule adjustments were necessary to maintain fiscal responsibility during what is being described as an unprecedented energy crisis.
Impact of the Iran Conflict on Aviation
Since the onset of the U.S.-Israeli conflict with Iran six weeks ago, jet fuel prices have more than doubled. This volatility has rendered several lower-profitability routes economically unviable. Starting June 1, Air Canada will pause one daily flight from Montreal and three from Toronto to JFK, with a tentative plan to resume operations on October 25. The airline has stated it will contact affected passengers to offer alternative travel arrangements, including rebooking on flights to nearby hubs.
Global Fuel Scarcity and Regional Blockades
The aviation industry is facing a broader systemic threat beyond individual route cuts. John Gradek, an aviation management expert at McGill University, noted that the current situation represents the worst crisis in the history of aviation. Despite a recent 10-day ceasefire agreement between Israel and Lebanon, the U.S. naval blockade on Iran remains in effect. The International Energy Agency recently warned that Europe may only have six weeks of jet fuel supplies remaining, highlighting the fragility of global supply chains when the Strait of Hormuz is contested.
Maintaining Connectivity Despite Capacity Cuts
While the JFK service is being paused, Air Canada emphasized that it will continue to provide robust service to the New York metropolitan area. The carrier still operates 34 daily flights between Canada and Newark Liberty International Airport as well as LaGuardia Airport. Other Canadian carriers are following suit, with WestJet recently announcing its own capacity reductions to manage the soaring price of oil. Industry analysts warn that if refining capacity in the Middle East remains compromised, consumers can expect further flight consolidations and higher ticket prices throughout the summer season.
British Columbia
Okanagan Residents Face Frigid Weekend as Major Gas Outage Disconnects Thousands
Thousands in B.C.’s Lake Country and North Kelowna face a weekend without heat due to a major FortisBC gas outage. Restoration may take until Sunday.

Critical Utility Outage Affects Lake Country and North Kelowna
Approximately 6,200 households and businesses in British Columbia’s Lake Country and north Kelowna are bracing for a cold weekend following a significant natural gas outage. The interruption, which began Wednesday afternoon, has left a massive portion of the Central Okanagan without reliable heat or hot water during a period of dropping temperatures. FortisBC has confirmed that while technicians are working around the clock, some residents may not see service restored until Sunday.
A Complex Multi-Stage Restoration Process
The technical challenge of restoring gas service is significantly more labor-intensive than electrical repairs. FortisBC officials explained that the process requires a physical visit to every individual meter in the affected area. Currently, approximately 60 crew members from across the province are working to manually shut off every exterior meter. Once the system is fully decommissioned, crews will begin the “pressurization” phase—a process expected to take roughly three hours. However, the final stage requires technicians to return to every home once more to turn the meters back on and manually relight appliances such as furnaces and water heaters.
Safety Warnings and Emergency Shelters
With the outage expected to last several days, Central Okanagan Emergency Management has established a warming centre at the Oyama Community Club to support vulnerable residents. Local officials are issuing urgent safety warnings, advising citizens against using outdoor heating equipment indoors. Using barbecues, propane heaters, or camp stoves inside a residence poses a severe risk of carbon monoxide poisoning and fire hazards. The cause of the initial system failure remains under active investigation, as utility workers prioritize the safe and systematic return of service to the impacted communities.
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