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: party 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.
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.
Dallas Brodie back as OneBC leader after abrupt removal
Dallas Brodie has been reinstated as leader of the OneBC party following his sudden removal. The political reversal comes amid ongoing shifts in British Columbia's political landscape.
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.
Poilievre's Agenda Challenge: Carney Outselling Tory Policies
Pierre Poilievre faces a political dilemma as Mark Carney successfully champions Conservative-style policies. Can the Tory leader reclaim his agenda before the next election?
New Progressive Tory Party Announced in Alberta
A former UCP member has announced the creation of the Progressive Tory Party of Alberta, a move prompted by legislation restricting the use of 'conservative' in party names. Get the full story.
Guthrie Launches New Progressive Tory Party of Alberta
Former UCP MLA Peter Guthrie has launched the Progressive Tory Party of Alberta after being expelled from Premier Danielle Smith's caucus. Explore the new party's platform and the political fallout.
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.
Alberta Party to become Progressive Tory Party of Alberta
The Alberta Party is set for a major transformation, rebranding as the Progressive Tory Party of Alberta. Get the details on this significant political shift and what it means for the province's future.
Alberta Party to become Progressive Tory Party: Guthrie
The Alberta Party is set for a major transformation, rebranding as the Progressive Tory Party of Alberta. Get the details on this political shift and what it means for the province's future.
Conservative MP crosses floor to join Liberal Party
MP Michael Ma explains his dramatic defection from the Conservatives to the Liberals, stating his constituents are 'better served' by the move. Get the full story on this political shift.
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.
Surrey Party Bus Stabbing Leaves Four Injured
A violent altercation on a Surrey party bus early Saturday left four people injured, two with serious wounds. Police are searching for a suspect who fled on foot.
Alberta MLA recall petition fails to gather enough signatures
A recall petition against Alberta MLA Taneen Rudyk has officially failed, falling short of the required signatures. The case reignites debate on the effectiveness of recall legislation in Canada.
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.
Alberta bill restricts party names, impacts separatist vote
Alberta's UCP introduces Bill 14, imposing strict rules on political party names to reduce voter confusion. The move blocks a Progressive Conservative revival and clears a path for a separatist referendum campaign.
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.
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.
California Mass Shooting at Child's Birthday Party
A family celebration in Stockton, California, turned to tragedy when gunfire erupted during a toddler's birthday party. A vigil was held for the victims on November 30, 2025.
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?
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