debt

Canada

Ottawa still mulling province’s bailout request over growing Nova Scotia Power debt

Nearly five months after Nova Scotia asked Ottawa to help cover hundreds of millions of dollars in debt accrued by…

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Business

Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC

Mortgage debt grew at its slowest pace in 23 years in February, amid high borrowing costs and reservations related to…

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Lifestyle

How to break the cycle of debt

Between inflation, housing costs and interest rates, debt is ballooning for many younger Canadians. Scott Terrio sees it all the…

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Nova Scotia

N.S. post-secondary students graduate with among the highest debt: Statistics Canada

Georgia Saleski wants to get a master’s degree and take the next step in their post-secondary education. But two years…

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Lifestyle

Man pays off lunch debt for 20 schools to honour late wife

CHANDLER, Okla. – A man who wiped away lunch debt for 20 Oklahoma schools said he his mission isn’t over…

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Lifestyle

Debt in Canada: $1.79 owed for every $1

OTTAWA – Statistics Canada says households owed $1.79 in credit market debt on average for every dollar of disposable income…

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Business

SaltWire Network files for creditor protection, has $94M in debt

A company that owns nearly two dozen newspapers in Atlantic Canada has debts of almost $100 million and is filing for creditor…

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Canada

Company offering boat tours of Niagara Falls struggles under $1.2B debt, bankruptcy protection

The company known for its boat tours that drench millions of tourists in the thick mist of Niagara Falls each…

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Business

Body Shop Canada’s parent took its cash, pushed it $3.3M into debt, court docs show

The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company…

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Politics

NDP says it has paid off its 2021 campaign debt

The federal NDP says it has paid off its debt from the last general election and is no longer in the red.…

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