Ottawa police hunt four suspects in break-in, credit card fraud
Ottawa police are asking the public to help identify four individuals linked to an August 2025 break-in and the fraudulent use of stolen credit and debit cards.
Category : Search result: provisions for credit losses
Algoma Steel Lays Off 1,000, Blames Trump Tariffs
Algoma Steel is cutting 40% of its workforce, citing U.S. tariffs and a forced shift to electric arc steelmaking. The layoffs come just two weeks after a major government bailout.
Algoma Steel to Lay Off 1,000 Workers
Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.
Diageo Workers Ratify Plant Closure Deal in Amherstburg
Workers at the Diageo bottling plant in Amherstburg have ratified a closure agreement after the company decided to move operations to the U.S. The deal includes severance and support, but union calls it a 'hard pill to swallow.'
B.C. tribunal settles unusual credit dispute
A British Columbia tribunal has resolved a complex dispute involving an unusual credit arrangement. Learn how the case unfolded and what it means for financial agreements in Canada.
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.
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.
Pat Foran Exposes Phone Scam Targeting Canadians
CTV journalist Pat Foran shares his experience with a phone scammer attempting remote access to his device. Learn how to protect yourself from similar fraud attempts.
Canada's Big 6 Banks Navigate Risks in Q4 Earnings
Canada's Big Six banks prepare to report Q4 earnings amid trade tensions and private credit concerns. Analysts expect higher EPS but warn of geopolitical headwinds affecting outlook.
SaskPower projects $165M loss, NDP questions province
Saskatchewan's NDP is demanding answers after Crown utility SaskPower projected a $165 million loss. Get the details on the financial concerns and political response.
Stolen Credit Cards Used at Gas Stations: OPP
Ontario Provincial Police investigate credit and bank card theft from Paris, Ontario, with suspect images released from gas station security cameras. Stay informed about local crime.
Hamilton man charged in wallet theft and credit card fraud
A Hamilton man faces criminal charges after allegedly stealing a wallet and using the credit cards. The incident follows a W5 investigation into similar activities.
Canadian consumer debt reaches $2.6 trillion on mortgages
Canadian consumer debt surged to $2.6 trillion primarily due to increased mortgage borrowing. Learn how this impacts household finances and the broader economy.
Alberta's Credit Delinquency Rate Highest in Canada
Alberta's economy leads Canada with 2.3% GDP growth, yet residents face highest credit delinquency rates at 2.31%. Discover the surprising economic paradox.
Canadians Take on More Credit Amid Lower Interest Rates
TransUnion reports Canadian consumer debt reached $2.6 trillion in Q3 2025 as mortgage churn increases and economic disparities widen across provinces.
Canada Post stamp prices to increase in 2026
Canada Post warns stamp price hikes are likely in 2026 as pre-tax losses approach $1 billion. Learn how this affects Canadian mail services and what's driving the financial crisis.
AI Debt Wave Threatens Credit Markets
Massive AI-driven debt sales from tech giants like Alphabet and Meta could overwhelm buyers and weaken credit markets globally. Learn about the risks.
Debt Refinancing: Benefits, Drawbacks & Credit Impact
Financial expert Christopher Liew analyzes whether refinancing your debt makes sense amid high interest rates and living costs. Learn the pros, cons, and credit implications.
Job fears at Horne Smelter amid permit uncertainty
Unions warn of potential job losses at Glencore's Horne smelter in Rouyn-Noranda as operating permit decision looms. Learn about the community impact and economic concerns.
Saskatchewan Tax Credit for Small Business Investment
Saskatchewan launches new tax credit program to encourage investment in small businesses, offering ownership shares for expansion. Learn how local entrepreneurs can benefit.
Canada Post Needs Bailout After Union Deal: 'Unusual' Timing
Canada Post requires another financial bailout as it continues losing money, with a labour lawyer questioning the timing of the union deal announcement following massive loss reports.
Credit Canada CEO's Black Friday Money-Saving Tips
Credit Canada CEO Bruce Sellery offers unconventional Black Friday advice: save 100% by not spending. Learn smart shopping strategies for the 2025 holiday season.
Canada Post Reports $541M Loss in Q3 2025
Canada Post faces staggering $541 million pre-tax loss in third quarter, marking unprecedented financial crisis for national mail service. Learn what's behind the massive deficit.
Canada Post Needs Short-Term Cash to Stay Solvent
Canada Post requires emergency short-term financing as strike-related losses mount. The postal service will exhaust its $1 billion government loan three months early.
Fairfax's $4B Big Short on 2008 Financial Crisis
Discover how Prem Watsa's Fairfax Financial foresaw the 2008 crisis and turned a defensive bet into a $4 billion windfall through conviction and patience.
Canada's hidden disaster costs hit $9.2B yearly
New report exposes Canada's $9.2B annual hidden disaster costs, warning unsustainable growth threatens national construction budget. Learn how climate impacts your future.
First West Credit Union Closes $200M Note Offering
First West Credit Union successfully closed its $200 million senior deposit note offering, which was oversubscribed with $1.07 billion in orders. Learn how this demonstrates investor confidence in Canada's financial cooperative sector.
Canada Post Effectively Insolvent, Losses Top $1B
Canada Post CFO declares the crown corporation 'effectively insolvent' as financial losses exceed $1 billion in 2025. Learn about the crisis facing Canada's postal service and its workforce challenges.
Credit Unions Ready to Challenge Canada's Big Banks
Canadian credit unions are positioning to compete with major banks following new federal budget measures. Michael Hatch discusses the changing financial landscape.
Dye & Durham faces default over delayed financial filings
Dye & Durham Ltd. has less than a month to file its audited Q1 financial statements or face default under its senior credit agreement. Learn about the company's ongoing turmoil.
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