And it will keep increasing until 2025.
The Office de la protection du consommateur (OPC) put out a reminder on Tuesday that the minimum payment on Quebec credit cards is set to jump to 3% of consumers' balance as of August 1 — an increase of 0.5%.
The minimum payment will continue to increase every year until it reaches 5% in 2025. The change is "part of the government's efforts to prevent debt," according to the OPC, measures that came into effect in 2019.
💳 Le paiement minimum sur les cartes de crédit sera à 3 % du solde à compter du 1er août! 💳 https://t.co/jLtvYC3YeU— OPC (@OPC)1626803998.0
"Paying more than the minimum on a credit card allows consumers to save significantly on credit fees," the office said in a statement.
"For example, on a $1,000 balance on a card with a 19.9% credit rate, a consumer making a minimum payment of 2.5% would pay off the debt in 14 years and 7 months, paying a credit fee of $1,443.99. For a minimum payment of 5%, he would pay off his debt in 6 years and have to pay $441.87 in credit fees."
The OPC also encourages people who have trouble making minimum credit card payments to seek out free advisory services from a consumer association.
Since 2019, new Quebec credit cards all have minimum payments set to at least 5% of the card balance.
Here's who can participate, how and when.
The government is hoping to use a Quebec vaccination lottery to entice more residents to book appointments to get their COVID-19 vaccine doses.
Here's everything you need to know about who can participate, how and when.
Who can participate?
There will be two groups: one for adults and one for tweens and teens aged 12 to 17.
For people with at least one vaccine dose, there will be weekly draws for both age groups between August 1 to August 27, 2021.
A September 3 draw open to Quebecers with two vaccine doses will have bigger prizes for both adults and youth participants.
According to a July 16 press release, to be eligible for the lotteries participants must:
- "have received the vaccine in Quebec;"
- have had "a confirmed diagnosis of COVID 19 and received a dose of vaccine;"
- or "have received a vaccine recognized by Health Canada outside Quebec and have had the administration of this vaccine recognized"
"The first dose must be received by August 3 and the second dose by August 31," the Ministry of Health states.
When are the vaccination lottery draws?
Weekly draws will take place in August for people with at least one vaccine dose. They will be on Fridays: August 6, 13, 20 and 27.
Winners will be announced the Tuesday after each draw, according to the government website.
The final draw, open only to people with two doses, will take place on September 3. The announcement of the winner will follow later in the day.
Participants will need to register on a "Vaccine Proof Portal" by 11:59 p.m. the day before each of the weekly draws in August and by 11:59 p.m. August 31 for the September 3 draw. The ministry stipulates that for participants in the 12-17 age group, a parent or guardian must "register on the portal and consent to the minor's participation."
Registration will open on July 25. The government promises to announce more details and rules before then.
What's are the vaccination lottery prizes for Quebec adults?
Voici les détails du concours « Gagner à être vacciné! » annoncé par les ministres @cdube_sante et @EricGirardMFQ p… https://t.co/r3NAS8KpTB— François Legault (@François Legault)1626452168.0
Weekly cash prizes of $150,000 are up for grabs for people with at least one dose between August 1 and 27.
A single million-dollar prize is on the line in the September 3 draw for adults with two vaccine doses.
What's are the vaccination lottery prizes for Quebec tweens and teens?
Quebec youth will be vying for scholarship money instead of cash prizes.
Two $10,000 scholarship prizes will be available in each of the four August draws for those with a first dose.
Double-dosed tweens and tweens will compete for 16 $20,000 scholarship prizes in the September 3 draw.
There are also new scholarships for female CEGEP students studying IT.
Quebec announced new scholarships for women studying tech, as an effort to attract and retain women in fields where they are typically underrepresented, according to a news release from the Office of the Minister of Higher Education.
All women enrolled in a full-time university program in computer science, computer engineering and construction, and electrical, electronic and communications engineering will be eligible for a $3,000 scholarship each year for up to four years — by the end of their studies, this would total $12,000.
L’UEQ et la @FECQ se réjouissent de l’annonce de la ministre @MinistreMcCann sur la bonification de l’Aide financiè… https://t.co/Sv3WRLFCC3— UEQ (@UEQ)1626107572.0
For CEGEPs, women enrolled in information technology (IT) programs who have completed two full-time semesters and are registered for a third semester will be awarded a scholarship of $3,000.
A second $3,000 scholarship will be awarded to new graduates of information technology CEGEP programs.
The eligible CEGEP programs for the new scholarships are:
Computer systems technology
Industrial electronics technology
Engineering physics technology
Computer science technology
Electronics technology and science
Computer science and mathematics
The new scholarship programs are set to stay in effect until the 2024-2025 school year.
There will be 1,000+ new jobs across Canada.
At a press conference on Thursday, Premier François Legault, Prime Minister Justin Trudeau and several other government representatives announced huge new investments into Canada's aerospace industry. These investments are set to create "more than 1,000" high-paying jobs in Quebec and the rest of Canada.
"The projects announced today are tangible platforms for creating exciting jobs," Aéro Montréal explained in a press release.
Legault claimed that "these investments will create 1,000 new paying jobs at more than $80,000/year."
As for the investments, the governments of Quebec and Canada will put forward "$685 million to support the development of tomorrow's sustainable aerospace technologies."
"This funding will support projects led by Bell Textron Canada, CAE and Pratt & Whitney Canada, representing investments of $2 billion in Canada, including nearly $1.6 billion in Quebec."
The same companies will also offer "co-op placements to more than 6,200 students as part of these projects."
Canadian mobile providers make the most money in the world per gigabyte of mobile data.
While prices for mobility in Canada are the highest in the world, its mobile data usage is among the six lowest countries in the world.
Some interpreted the "Highest ARPU yet lowest usage" corner label as a label for Canada. Note the opposite "Lowest… https://t.co/DMqNDdsQVc— tefficient 🚥 (@tefficient 🚥)1626155461.0
tefficient noted that most mobile service providers are no longer trying to make money from SMS usage or voice talk minutes, but are now making revenue by offering data and plan allowances for a flat fee.
In Canada, in 2019, mobile services made over 13€ (roughly CAD$19) per gigabyte of data.
India, China, Finland and Poland were among the world's countries with the lowest revenue per gigabyte of mobile user data consumed, the report stated.
You don't even need acting experience!
Do you like ordering sandwiches at fast-food restaurants? Then sink your teeth into this fresh gig. Groundglass Casting is looking for Montreal Anglophones aged 18 to 75 years old for a sandwich commercial — no acting experience required.
Though you don't need to be a professional actor, the company is looking for outgoing Montrealers who are regulars at a sandwich restaurant in Montreal. Only Canadian citizens or permanent residents of Canada can apply.
Auditions for "Project Sandwich Montreal" will be held online on July 16 and the shoot will take place on a day between July 23 and 27.
If selected, sandwich-lovers have to take a COVID-19 test on July 20 or 21, so you'd need to keep both dates open until the test is booked.
Those who get hired will make $75 for a wardrobe appointment, $75 for a COVID-19 test, and $750 for one day of filming. If your footage is used in the final commercial, you'd receive an additional $1,500 to $2,000.
Sandwich Commercial Actor
Salary: $750.00 to $2,250.00
Company: Groundglass Casting
Who Should Apply: Montreal-area sandwich lovers aged 18 to 75 years old. No acting experience is required, and this job posting specifically asks for Anglophones.