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.
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.
Quebec drivers will see reduced savings on licence renewals in 2026, with Class 5 licences costing approximately $50. Learn about the SAAQ's insurance fund changes.
China Evergrande's iconic Fairmont Le Chateau Montebello faces sale after default. The historic log-cabin hotel will remain open during the court-ordered receivership process.
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.
Canadian credit unions are positioning to compete with major banks following new federal budget measures. Michael Hatch discusses the changing financial landscape.
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.
New report reveals young male drivers in Canada face insurance premiums exceeding $13,000 annually due to riskier driving behaviors. Learn why rates are so high.
The Upper Credit Humane Society initiates a groundbreaking program to connect local seniors with foster pets, promoting companionship and mutual well-being for both.
Oracle's credit default swaps surge as investors hedge against $500B AI infrastructure spending. Debt could reach $290B by 2028 amid revenue uncertainty.
Discover how Apollo Global Management and Soros Fund Management avoided massive losses in the First Brands collapse by identifying critical warning signs that others missed.
Ottawa faces cloudy weather with potential flurries while national news covers insurance changes, hockey victories, and healthcare developments across Canada.
Ontario implements motorcycle insurance changes as OPP reports significant accident increase. Learn how new coverage policies will affect riders across the province.
Thailand's Gulf Development Public Company Limited (GULF) secures an 'A' corporate credit rating with stable outlook from Japan Credit Rating Agency, reflecting strong financial health.
Tax professionals express frustration over federal budget's hidden tax policy changes affecting flow-through shares and charitable donations. Learn how these changes impact investors.
Expert financial steps to protect your credit and rebuild your finances after divorce. Learn how to handle TFSAs, RRSPs and shared assets in Canada.
Canadian insurance giant Manulife announces expansion into India's insurance market as part of strategic diversification refocus. Learn how this move positions the company for global growth.
Brookfield Corp. reported US$1.3 billion in distributable earnings for Q3 2025, marking 6% growth driven by strong performance in wealth solutions and insurance expansion.
Fitch Ratings maintains Canada's AA+ credit rating but warns of fiscal risks from rising deficits and debt. Learn about the agency's concerns and what it means for the economy.
Manulife Financial announced $1.8 billion in Q3 2025 earnings, a slight decrease year-over-year. Discover the key figures and what this means for Canada's insurance giant.
A prominent Surrey insurance business owner's home was targeted with gunfire in the latest extortion-related attack. One worker injured. Police investigate 94 extortion reports this year.
A new survey reveals nearly 50% of Canadians lack understanding of credit score calculations. Learn how to improve your financial literacy and credit health today.
A Calgary homeowner in Valley Ridge is being forced to replace her 25-year-old wood shake roof to renew her Allstate insurance policy. Learn about this growing issue for Canadian homeowners.
Canadian travellers affected by U.S. flight cancellations discover travel insurance limitations. Learn what policies typically exclude and how to protect your next trip.
An Ontario man's carry-on bag containing items valued at $10,000 disappeared after airline staff forced him to check it. Learn what happened and how to protect your valuables when flying.
Visa and Mastercard reach a landmark settlement with U.S. retailers, reducing fees and allowing merchants to reject high-cost premium credit cards. Learn how this impacts Canadian businesses.
JPMorgan predicts AI's data-centre expansion requires $5 trillion, tapping investment-grade bonds, leveraged finance, and private credit. Discover the funding breakdown and risks.
Rick Bennett has departed as CEO of REAL, Regina's prominent credit union, amid organizational restructuring. The sudden leadership change comes as the financial institution navigates new strategic directions.
A Toronto woman's credit score plummeted by over 200 points due to one unpaid bill she never received. Discover how to protect your credit from similar unexpected hits.
Edmonton faces a disturbing rise in suspicious fires, with insurance pressures creating a perfect storm for homeowners and contractors. Investigators reveal alarming patterns as the city grapples with this dangerous crisis.
New data reveals Canadian households are increasingly struggling with credit payments as economic pressures mount. Delinquency rates climb while borrowing slows dramatically.