3-Month Financial Reset Plan for a Better 2025
Expert advice from Peta Wales on tackling debt, building savings, and creating lasting financial momentum with a focused three-month plan. Start your new year right.
Category : Search result: Canadian consumer debt
Holiday spending drives up Canadian household debt
Canadian household debt rises as holiday spending bites. Experts analyze the financial strain and offer tips for managing debt in the new year. Read more.
Boxing Day Shoppers More Intentional in 2025
Canadian Boxing Day shoppers are approaching sales with more research and intention, experts reveal. Discover the shift in consumer behaviour and what it means for retail.
Boxing Day Shoppers More Intentional, Less Impulsive
Canadian Boxing Day shoppers are becoming more deliberate and less impulsive, according to retail experts. Discover the changing trends in post-holiday spending and consumer behaviour.
The Truth About Lifetime Warranties for Canadian Shoppers
Received a gift with a 'lifetime' warranty? Experts warn to read the fine print, as coverage may not be what you think. Learn how to protect your purchases.
Lifetime warranties don't always last a lifetime, experts warn
Consumer advocates urge Canadians to scrutinize the fine print on 'lifetime' warranties, as many come with hidden limitations and exclusions that can void coverage.
Tech Firms Shift $120B AI Data Centre Debt Off Books
Major tech companies have used complex SPV financing to shield $120 billion in AI data centre spending from their balance sheets, raising concerns about hidden financial risks for Wall Street investors. Read the full analysis.
BP sells majority stake in Castrol for US$6 billion
BP Plc agrees to sell a 65% stake in its Castrol lubricants division to Stonepeak Partners for US$6 billion. The deal marks a key step in the energy giant's strategy to reduce debt and reset its business after a turbulent year.
Saks Considers Bankruptcy as $100M Payment Looms
Luxury retailer Saks Global Enterprises, burdened by debt from its Neiman Marcus deal, is exploring Chapter 11 bankruptcy ahead of a critical $100+ million payment due December 30. Read the full analysis.
AI Debt Boom Pushes Corporate Bond Sales Near Record
U.S. investment-grade bond sales hit $1.7 trillion in 2025, nearing the 2020 record, driven by AI infrastructure borrowing. Investors hedge against a potential credit bust as issuance is expected to grow in 2026.
Corus Entertainment amends credit deal for debt breathing room
Corus Entertainment Inc. has renegotiated its credit agreement with lenders, gaining crucial financial flexibility to manage its debt load. The deal provides the Canadian broadcaster with increased operational breathing room.
B.C. Education System Failing Students on Financial Literacy
Eugene You argues B.C. must make financial literacy a mandatory graduation requirement as debt soars and students lack basic money skills. Read why early education is key.
How to Regain Financial Control After Holiday Burnout
Feeling overwhelmed and overspent this holiday season? Expert advice from a Canadian credit counsellor offers practical steps to manage debt stress and start the new year with confidence.
Romney Calls for Wealthy to Pay More to Save Social Security
Former U.S. Senator Mitt Romney argues the ultra-rich must pay higher taxes to rescue Social Security from a 2034 funding cliff. His op-ed sparks debate on tax fairness and economic policy.
Retail sales fall 0.2% in October ahead of holidays
Canadian retail sales declined to $69.4 billion in October, led by drops in food, beverage, and clothing. Economists see a flat trend signaling consumer caution.
October retail sales down 0.2% to $69.4B
Statistics Canada reports a slight decline in retail sales for October 2025. Get the details on the consumer spending slowdown and what it means for the economy.
Boxing Day Remains a Major Shopping Event in Canada
Despite the rise of Black Friday, Boxing Day still packs a punch for Canadian shoppers. A new study reveals 8.6 million consumers plan to participate, with distinct trends in spending habits and demographics. Discover the data shaping post-Christmas sales
Bombardier repays US$500 million in senior notes
Bombardier makes a major move in its debt reduction strategy, repaying US$500 million in senior notes. The aerospace giant stays on track with its financial restructuring plan.
Analysis: Ford's Spending, Debt Match Predecessor Wynne
An analysis of Ontario's finances reveals Premier Doug Ford's per-person spending and debt trajectory align closely with the Liberal era he once criticized as reckless. Explore the data.
UCalgary professor warns of 'buy now, pay later' pitfalls
A University of Calgary expert cautions holiday shoppers about the hidden dangers of 'buy now, pay later' services. Learn the risks and how to protect your finances this season.
Holiday Spending to Give Canadian Economy $11B Boost
Canadian consumers plan to spend an average of $943 this holiday season, injecting an estimated $11 billion into the national GDP. Get the details on the 'Buy Canadian' trend and economic impact.
Canacol in Talks for Emergency Loan During Restructuring
Canadian gas producer Canacol Energy is negotiating a short-term loan as it restructures debt under creditor protection. Learn about the company's financial challenges and the potential impact on investors.
Goldman: AI Credit Impact Varies by Bond Market Tier
Goldman Sachs analysis reveals AI's divergent credit risks in investment-grade and high-yield markets. Discover the key implications for investors and corporate debt.
How Canadians Can Save at the Grocery Store
As food prices climb, new digital tools are emerging to help Canadian shoppers stretch their budgets. Discover practical strategies for smarter grocery spending.
Canadian Coffee Prices Surge in December 2025
Canadian consumers are facing steeper coffee bills this holiday season. A new report confirms rising costs are real, not imagined. Discover the factors behind the price hike.
Consumer Alert on 'Buy Now, Pay Later' Holiday Risks
A consumer alert breaks down the risks of 'buy now, pay later' financing for Canadian holiday shoppers. Learn the dangers before you click 'purchase'.
Telus Pauses Dividend Hikes as Shares Tumble 19%
Telus Corp. pauses future dividend increases to reduce debt, responding to investor pressure after a 19% stock drop. The company aims to improve its leverage ratio by 2025.
2025 Christmas Costs: What Canadians Can Expect to Pay
As the holiday season approaches, Canadians are facing the financial reality of Christmas 2025. Discover the key factors influencing costs and tips for budgeting your celebrations.
PBO: MPs Should Approve Fiscal Target Changes
Canada's fiscal watchdog says Ottawa should seek House of Commons approval to alter key fiscal targets, like the recently abandoned debt-to-GDP anchor. Read the latest on federal spending.
Quebec to legislate ticket resales, subscription renewals
Quebec plans new laws to regulate ticket reselling and automatic subscription renewals, aiming to protect consumers from unfair practices. Learn about the proposed changes.
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