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: debt consolidation
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.
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.
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.
Warner Bros. Backs Netflix Bid Over Paramount Takeover
Warner Bros. advises shareholders to choose Netflix's $72 billion acquisition over a hostile bid from Paramount Skydance. The deal could reshape Hollywood's streaming and media landscape. Learn the details and potential impacts.
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.
Northern Ont. fights conservation authority consolidation
Leaders across Northern Ontario are pushing back against the provincial government's plan to consolidate 36 conservation authorities into 7 entities. Learn about the local opposition and concerns.
Canada approves Teck Resources and Anglo American merger
The Canadian government has given the green light to the merger of Teck Resources and Anglo American, a major consolidation in the global mining industry announced on December 16, 2025.
Netflix Pledges No Job Cuts in Warner Bros. Mega-Deal
Netflix's co-CEOs reassure staff about the Warner Bros. Discovery bid, promising no studio closures or job overlaps. Get the latest on the $108B rival offer from Paramount.
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.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix announces a landmark $83 billion acquisition of Warner Bros. Discovery, gaining HBO Max and a vast film library. The deal reshapes the entertainment industry.
Netflix Buys Warner Bros Discovery in $72 Billion Deal
Netflix agrees to a landmark $72 billion acquisition of Warner Bros Discovery's studios and streaming division, a move set to transform Hollywood and face intense antitrust scrutiny. Discover the details and implications.
Canfor Corp. Makes Offer for Remaining Canfor Pulp Stake
Canfor Corp. has made a formal offer to acquire the remaining stake in Canfor Pulp it does not already own, a major consolidation move in the Canadian forestry sector. Read the details.
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.
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.
Comcast Bids to Merge NBCUniversal with Warner Bros.
Comcast Corp. has made a renewed offer to merge NBCUniversal with Warner Bros. Discovery, aiming to create an entertainment giant. The deal includes a management role for Warner CEO David Zaslav.
Budget 2025 Prompts PBO to Revise Grim Fiscal Forecast
Canada's interim parliamentary budget officer, Jason Jacques, reversed his 'cliff' warning after reviewing Budget 2025, now deeming federal finances sustainable. Read the full analysis.
Gen Z: The New 'Lost Generation' Analyzed
Victor Davis Hanson explores why Gen Z males are struggling with adulthood, facing economic hurdles and social alienation. Can this generation be found before it's too late?
B.C.'s $17B financial reversal under Premier Eby
B.C. Finance Minister Brenda Bailey's budget update reveals a dramatic $17 billion turnaround from surplus to deficit under Premier David Eby. Discover how day-to-day spending drives half the debt increase.
BNPL Holiday Shopping: Avoid Debt Trap After Black Friday
Learn how to navigate buy now, pay later services during holiday shopping season. Expert tips to avoid debt cycles while using BNPL plans from Klarna, Afterpay and others.
Young Canadians' Wealth Boom Faces Income Crisis
Canadians under 35 doubled their net wealth since 2020, but face the lowest income growth in the nation. Discover the risks to their financial future.
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