Category : Search result: auto loan defaults Canada


ECD Auto Design Announces Expanded 2026 Product Lineup

Florida's ECD Auto Design reveals its 2026 roadmap, expanding boutique heritage programs for BMW, Jaguar, Porsche, and Mustang, plus a new dual-line strategy for classic SUVs. Discover the future of bespoke luxury vehicles.

U.S. probes Tesla Model 3 emergency door release

U.S. auto safety regulators have opened an investigation into the emergency door release system on Tesla Model 3 vehicles. The probe, announced December 24, 2025, examines potential safety risks.

N.B. Auto Parts Store Loses $20K in Break-In

Napa Auto Parts in Petitcodiac, N.B., was burglarized on Nov. 20, 2025, suffering significant losses. Police are investigating the incident that highlights local business security concerns.

Ford's EV losses highlight Canada's auto sector challenges

Ford's latest financial losses underscore the mounting pressures facing Canada's electric vehicle industry, as policy shifts and market realities force strategic pullbacks. Explore the implications for Ontario's manufacturing heartland.

306 stolen vehicles recovered in international probe

A massive joint investigation by the OPP and CBSA has led to the recovery of 306 stolen vehicles destined for overseas markets. Discover the details of this sprawling international auto-theft probe.

EU Modifies 2035 Ban on Gas and Diesel Cars

The European Union adjusts its 2035 internal combustion engine phase-out, offering flexibility to automakers. Get the latest details on the policy shift and its global implications.

Ontario woman loses $4,000 to job scam

An Ontario woman was defrauded of $4,000 in an advance fee loan scam. Police warn job seekers about fake offers involving stolen goods or money laundering.

$1B in B.C. loan guarantees needed after Cowichan ruling

A property tax expert warns the B.C. government's $150M loan guarantee promise falls far short of the potential $1B needed to backstop financing after the Cowichan Aboriginal title decision. Read the full analysis.

Algoma Layoffs: Gov'ts Knew Before $500M Loan

The federal and Ontario governments kept taxpayers in the dark about impending Algoma Steel layoffs when issuing $500M in loan guarantees. This lack of transparency raises serious questions.

Algoma Steel loan about 'saving the furniture': Hajdu

Jobs Minister Patty Hajdu defends a federal loan to Algoma Steel, framing it as crucial for preserving jobs and industrial capacity in Sault Ste. Marie. Get the details on the government's intervention.

Jobs Minister Patty Hajdu defends Algoma Steel loan

Federal Jobs Minister Patty Hajdu explains the $150 million loan to Algoma Steel as essential to 'save the furniture' and protect jobs in Sault Ste. Marie. Get the details on this critical intervention.

Stellantis CEO Makes Hybrids Top U.S. Priority

Stellantis CEO announces hybrid vehicles are a top priority for the U.S. market. Get the latest on the automaker's strategy shift and what it means for North American consumers.

Governments defend Algoma Steel loan after layoffs

Federal and Ontario governments face scrutiny for a $420 million loan to Algoma Steel, approved despite prior knowledge of impending layoffs. Details on the defense and economic context.

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