Financial Expert's Tips for Tackling Holiday Debt
Financial columnist Christopher Liew provides actionable strategies for Canadians to manage and pay off holiday debt effectively. Learn what to prioritize first to avoid financial strain.
Category : Search result: holiday debt
Canadian Capital Markets Raise $597B in 2025, a 15-Year High
Despite Trump tariffs and economic uncertainty, Canadian capital markets raised a record $597 billion in 2025. Explore the sectors and deals that drove this historic performance.
Christopher Liew: How to Tackle Holiday Debt Before It Worsens
Facing post-holiday debt? Financial expert Christopher Liew offers actionable strategies to manage and reduce your debt before interest compounds. Learn how to regain control of your finances in 2026.
Former Montreal Mayor Denis Coderre Seeks Bankruptcy Protection
Former Montreal mayor and MP Denis Coderre has sought bankruptcy protection, citing debts exceeding $1.1 million. Get the full details on this major political figure's financial situation.
Mario Roy Runs for Quebec Liberal Leader Despite Debts
Mario Roy re-enters the Quebec Liberal leadership race, facing financial challenges. Get the latest on the political contest and its implications for the party's future.
Montreal's 2026 budget: Taxes up 3.4%, focus on debt and homelessness
Mayor Soraya Martinez Ferrada presents her first budget, a record $7.67 billion, aiming to stabilize city finances and triple funding to fight homelessness. Property taxes rise an average of 3.4%.
Montreal 2026 Budget: Property Taxes Up 3.8%
Montreal's 2026 budget reveals a 3.8% average property tax hike, key spending shifts, and a return to a stricter debt limit. See how your borough is affected.
Montreal budget lowers debt burden ahead of schedule
Mayor Soraya Martinez Ferrada's $7.67B 2026 budget prioritizes debt repayment, aiming to hit a key financial ratio one year earlier than planned. Learn about Montreal's fiscal strategy.
Canadians Expect 2026 to Be Financially Tough: MNP
A new MNP report finds Canadians are preparing for a difficult financial year in 2026. Discover the key concerns and what it means for household budgets across the country.
Albertans Face More Debt Issues in 2026, Report Says
A new report reveals Albertans anticipate greater debt struggles in 2026, but most are not turning to professional financial advisors for help with the cost of living.
Expert Advice: Handling Debt With No Budget Room
Financial expert Peta Wales provides a step-by-step guide for Canadians overwhelmed by debt. Learn how to prioritize, negotiate with creditors, and find stability when finances are strained.
Ottawa seeks $10.35B CERB repayments, faces public backlash
The federal government is attempting to recover $10.35 billion in CERB payments. Critics argue the Carney administration should forgive debts stemming from Trudeau-era application errors.
Bélanger won't run for Quebec Liberal leadership
Former candidate Marc Bélanger opts out of the race to replace Pablo Rodriguez, citing unfinished debt from his 2025 campaign. Get the latest on the Quebec Liberal Party's leadership contest.
Sask. NDP urges government to scrap SaskPower rate hike
The Saskatchewan NDP is calling on the government to reject a proposed SaskPower rate increase, warning it would add over $135 million to consumer bills amid concerns over the utility's growing debt.
Vancouver Island man sentenced for fatal stabbing over drug debt
A British Columbia man has been sentenced for a fatal stabbing described as 'tragic' by the judge. The murder stemmed from a dispute over an unpaid cocaine debt. Read the full details of the case and sentencing.
Venezuela Debt Rally Hides Complex Creditor Web
The surge in Venezuelan bonds following President Maduro's capture belies a tangled legal and political fight for the country's assets. Explore the challenges ahead for creditors.
Why most financial new year resolutions fail
Financial educator Lesley-Anne Scorgie reveals why most money goals fail by February and shares actionable strategies for saving and debt payoff in 2026.
Sask. cost of living anxiety highest in Canada for 2026
A new consumer debt index shows Saskatchewan residents are the most worried in Canada about finances and living costs in 2026. Get the details on the economic pressures facing the province.
Regina's New Year's Day 2026: Openings and Closures
Plan your New Year's Day in Regina with our complete guide to city services, transit schedules, and business hours. Find out what's open and closed on January 1, 2026.
Saks Skips $100M Bond Payment Amid Creditor Talks
Cash-strapped Saks Global Enterprises misses a major interest payment as it negotiates with creditors, following a sharp decline in its bonds and recent debt restructuring.
CRA owed $10B+ in unpaid COVID benefits
The Canada Revenue Agency reports it is owed more than $10 billion in COVID-19 benefit overpayments. Learn about the agency's efforts to recover funds and what it means for Canadians.
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.
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.
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