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Pound to euro exchange rate: Sterling “holds steady” in light of euro | Travel News | Travel

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The pound has seen a failing exchange throughout the week, and the scenario remains the same on Friday.

The pound is currently trading at €1.106 against the euro, according to Bloomberg, and was able to hold against the currency yesterday.

A busy week for Prime Minister Theresa May and politicians saw a block on the spending powers of the Treasury should there be a no-deal Brexit, before the Conservative leader was tasked to drum up another agreement in three days.

Meanwhile Bank of England governor Mark Carney’s speech on Wednesday served to add further uncertainty, resulting in another fall for the pound.

Laura Parsons, currency analyst at TorFX, spoke to Express.co.uk regarding the latest exchange rate figures.

She said: “The GBP/EUR exchange rate fluctuated around €1.107 on Thursday.

“Although the pound fell against the other majors on the news that Labour plans to table a vote of no confidence in Theresa May’s government if the Brexit deal is rejected, Sterling was able to hold steady against the euro.

“The common currency came under pressure of its own as minutes from the latest European Central Bank (ECB) policy meeting revealed that some policymakers wanted to downgrade the euro’s economic outlook for 2019.”

Looking ahead to the weekend, she added: “However, with the parliamentary vote on Brexit next week the pound may struggle to hold steady as the weekend approaches.”

The UK’s departure from the EU has had the strongest impact overall on sterling over recent months.

The country is now facing fewer than 100 days to go until the scheduled departure date.

However, Britons do not need to fear Brexit affecting holidays.

A Downing Street spokesperson has said it was “categorically untrue” that people had been warned not to book trips beyond March 2019.

Travel agents’ body ABTA has said: “There is nothing to suggest that you will not be able to continue with your holiday plans after 29 March.

“Even in a no-deal scenario, the European Commission and UK Government have said flights to and from the UK will still be able to operate.”

Elsewhere, authorities have warned the euro could face difficulties in 2019 if reform does not take place.

The Centre for Economic and Business Research said in its annual predictions for 2019 “internal contradictions” would force the Eurozone to “integrate economically” or “risk breaking up.”

It remains to be seen whether the gap between the sterling and euro rates will vary further.

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Travel & Escape

American woman faces $2,800 parking bill after leaving car in Toronto during pandemic

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Parking in the city can be costly, but one American woman is learning just how bad it can be after being unable to retrieve her car for nearly a year.

Detroit resident Kim Richardson left her 2004 Honda Element at the Park2Sky lot by Pearson airport in March 2020 before flying out to Europe for a medical procedure. She originally planned to retrieve it within two weeks but partway through her trip, the Canada-US border got closed due to COVID-19 precautions.

Richardson’s return flight was rerouted to Detroit and she’s been unable to return to Toronto since.

What was originally a $100 bill has now inflated to $2,800 as the lot’s owner says he has a business to operate and is owed payment for 11 months of storage. However, Richardson believes she’s being extorted for an issue beyond her control.

Park2Sky personnel claim that several Americans who found themselves in similar predicaments have had their cars shipped home.

“I don’t understand, I don’t know what’s going on here. Business is down, I’m not making any money at all. People who leave their car are paid. She’s the only one that hasn’t paid,” said the owner to CBC News this week.

The stalemate is expected to last a while longer as travel restrictions remain in place and Ontario Provincial Police have said they won’t get involved in a civil matter.

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All systems are go for St. Lawrence Cruise Lines in 2021

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KINGSTON — Despite Canada’s newly extended cruise ship ban, Canadians still have a small-ship cruising alternative in 2021 with St. Lawrence Cruise Lines.

The small-ship operator, which sails on the St. Lawrence and Ottawa Rivers, has confirmed operations for 2021, with overnight cruises on both rivers from May 20 to Oct. 24. A variety of cruises ranging from four to seven nights will depart from Kingston, Ottawa and Quebec City, sailing exclusively in domestic waters with stops at select ports in Ontario and Quebec.

On Feb. 4, Canada’s Minister of Transport, Omar Alghabra announced that Canada’s cruise ship ban will be extended until Feb. 28, 2022. This measure, which effectively prohibits cruise vessels carrying more than 100 passengers from operating in Canadian waters, does not impact the small-ship operations of St. Lawrence Cruise Lines and its 32-stateroom CANADIAN EMPRESS.

“We are excited to offer travellers a small ship option for the 2021 season,” said President Jason Clark. “Our overnight cruises stay close to shore in Canadian waters and our COVID-19 Health and Safety program has been recognized for its high standards.”

This past December, the cruise line was awarded the Safe Travels Stamp by the Tourism Industry Association of Ontario (TIAO) for adherence to global standards of health and hygiene. The program includes a wide range of safety measures, including reduced passenger loads, masking, physical distancing and hospital-grade electrostatic disinfecting for both private staterooms and shared spaces. Plus, all staterooms have access to fresh air, climate controls and views of the river.

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Here’s How Canada’s ‘Screening Officers’ Will Check On Travellers During Quarantine

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The federal government is reminding all travellers in Canada that “Screening Officers” may pay them a visit post-arrival.

In a statement about the country’s latest travel restrictions, Transport Canada confirmed that newly-trained officials would be tasked with checking up on travellers during their two-week quarantine period.

The role of the Screening Officers will be to visit travellers’ quarantine locations to “establish contact, confirm identify and confirm that travellers are at the place of quarantine they identified upon entry into Canada.”

This is to make sure individuals are complying with Canada’s mandatory 14-day quarantine requirement.

The checks will be conducted across 35 Canadian cities, having already started in Montreal and Toronto back in January.

The officials will provide “compliance education” and will be able to issue verbal warnings, but stronger enforcement action will be referred to the Public Health Agency of Canada (PHAC) and then law enforcement for follow-up checks. 

Failing to comply with the Quarantine Act or with Screening Officers’ instructions could result in fines of up to $750,000 or even jail time.

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