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.
Category : Search result: student debt
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.
SUNshine Girl Carmen's Journey from Student to Disney Dream
Discover the story of SUNshine Girl Carmen, a hospitality student with a passion for languages and a dream to work at Disneyland. Explore her journey and aspirations.
U of R Ukrainian student forced to pause studies over visa
A University of Regina student from Ukraine faces academic disruption as visa processing delays prevent him from writing final exams. Learn about the impact on international students.
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.
Kitchener hiring 200+ students for summer jobs
The City of Kitchener is preparing to hire more than 200 students for temporary summer positions in 2026. Applications open soon for these valuable work experience opportunities.
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.
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.
Winnipeg student stabbed at Portage la Prairie school
An 18-year-old student was fatally stabbed in the parking lot of Portage Collegiate Institute. Police are investigating the tragic incident that has shaken the Manitoba community.
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.
Windsor 2026 Summer Student Lottery Apps Open
The City of Windsor is now accepting applications for its 2026 Summer Student Lottery, offering valuable municipal job opportunities. Apply by the deadline for a chance to gain work experience.
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.
Ontario Universities Struggle with International Student Cap
Ontario universities confront significant revenue losses following federal cap on international students. Learn how this policy impacts higher education funding across Canada.
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.
Quebec man wins court case but must collect money himself
Mani Alizadeh won his court case against his ex-partner but now faces the challenging task of collecting the money himself. Learn about Quebec's collection system challenges.
Quebec towns slam Green Fund use for debt repayment
Quebec municipalities led by Baie-Saint-Paul Mayor Michael Pilote criticize the Legault government's controversial use of the Green Fund to repay provincial debt. Learn more about the growing opposition.
Canadian non-mortgage debt delinquencies rise in Q3 2025
Equifax Canada reports increasing non-mortgage debt payment delinquencies in Q3 2025 as financial pressures mount for Canadian consumers. Learn about the concerning trend.
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