Ontario woman loses $4,000 to job scam
An Ontario woman was defrauded of $4,000 in an advance fee loan scam. Police warn job seekers about fake offers involving stolen goods or money laundering.
Category : Search result: auto loan defaults Canada
$1B in B.C. loan guarantees needed after Cowichan ruling
A property tax expert warns the B.C. government's $150M loan guarantee promise falls far short of the potential $1B needed to backstop financing after the Cowichan Aboriginal title decision. Read the full analysis.
GM CAMI layoffs hit 1,200 workers before holidays
Over 1,200 workers at GM's CAMI plant in Ingersoll face a devastating holiday season as layoffs force tough decisions. Couples at the plant are hit with a 'double' financial blow.
Algoma Layoffs: Gov'ts Knew Before $500M Loan
The federal and Ontario governments kept taxpayers in the dark about impending Algoma Steel layoffs when issuing $500M in loan guarantees. This lack of transparency raises serious questions.
Algoma Steel loan about 'saving the furniture': Hajdu
Jobs Minister Patty Hajdu defends a federal loan to Algoma Steel, framing it as crucial for preserving jobs and industrial capacity in Sault Ste. Marie. Get the details on the government's intervention.
Jobs Minister Patty Hajdu defends Algoma Steel loan
Federal Jobs Minister Patty Hajdu explains the $150 million loan to Algoma Steel as essential to 'save the furniture' and protect jobs in Sault Ste. Marie. Get the details on this critical intervention.
Netflix's $59B Loan for Warner Bros. Deal Among Largest Ever
Netflix lines up a historic $59 billion bridge loan from major banks to finance its $72 billion acquisition of Warner Bros. Discovery, marking a major return of mega-deals. Read the details.
Canadiens, Jets to play 2026 Heritage Classic in Winnipeg
The Montreal Canadiens and Winnipeg Jets will meet in the 2026 NHL Heritage Classic at Princess Auto Stadium on Oct. 25, 2026. Get all the details on this historic outdoor hockey event.
Canada issues default notice to Stellantis over U.S. shift
Industry Minister Mélanie Joly confirms Stellantis received a formal notice of default following its decision to move production out of Canada. Get the latest on the government's response.
Stellantis CEO Makes Hybrids Top U.S. Priority
Stellantis CEO announces hybrid vehicles are a top priority for the U.S. market. Get the latest on the automaker's strategy shift and what it means for North American consumers.
Canadian Auto Loan Defaults Rise Sharply Amid Affordability Crisis
More Canadians are defaulting on car loans, with young and older borrowers hit hardest. High prices, long loan terms, and rising costs create a perfect storm for consumers and lenders. Read the full analysis.
Algoma Steel CEO says governments knew of layoff plans
Algoma Steel's CEO reveals both federal and provincial governments were aware of impending layoffs before approving a $500 million taxpayer loan. Details on the Sault Ste. Marie job cuts.
Governments defend Algoma Steel loan after layoffs
Federal and Ontario governments face scrutiny for a $420 million loan to Algoma Steel, approved despite prior knowledge of impending layoffs. Details on the defense and economic context.
Windsor Dodge Charger Production Ramps Up with New Jobs
Stellantis celebrates the production launch of the gas-powered Dodge Charger in Windsor, announcing plans to hire 1,500 workers for a third shift. A major boost for Canada's auto sector.
Algoma Steel CEO says feds knew about layoffs before loan
Algoma Steel's CEO reveals federal government was aware of impending job cuts before approving a $400 million loan. Read the full story on the timing and impact of Trump's tariffs.
Southwestern Ontario's Auto Belt: A Tale of Two Cities
Explore the stark contrast between booming St. Thomas and struggling Ingersoll as the auto industry's electric vehicle transition reshapes Southwestern Ontario's economic landscape.
Four-Alarm Fire Destroys Laval Auto Recycling Centre
A massive four-alarm fire at a Laval auto recycling centre burned for over 15 hours. No injuries were reported, but the building is a total loss. Investigation into the cause is underway.
Four-alarm fire still burning at Laval recycling centre
A major four-alarm blaze at a Laval auto-recycling facility continues to burn as firefighters work to contain the stubborn fire. Stay updated on developments.
UCP members pass resolutions on auto insurance, coal energy
Alberta's UCP members voted on key policy resolutions including auto insurance changes and coal energy. Learn how these votes could shape provincial policy.
BYD Launches Super Hybrid ATTO 2 DM-i in Europe
BYD Executive Vice President Stella Li announces the European debut of the Super Hybrid ATTO 2 DM-i, promising to outperform all ICE vehicles with 90km electric range and AI assistant features.
Carney's $500M forestry aid helps BC amid trade tensions
Prime Minister Mark Carney unveils $500M in new forestry support including loan guarantees and trade protections, offering relief to BC's softwood lumber industry while a US trade deal remains elusive.
New truck has $13K damage from stolen catalytic converter
An Ontario man faces shocking $13,000 damage claim after catalytic converter theft from brand-new truck at dealership. Learn how to protect your vehicle from this growing crime.
Alberta Auto Insurance Reforms Face Implementation Hurdles
Alberta's Care-First auto insurance model promises lower premiums by 2027, but faces opposition from trial lawyers and market competition challenges. Learn how reforms aim to protect drivers.
Groups urge withdrawal of Canada border security bill
Canadian migrant rights organizations demand the government withdraw proposed border security legislation, citing significant rights concerns. Learn about the bill's implications.
Video Game Stocks Boom: ETF Beats S&P 500
The Roundhill Video Games ETF has surged, outperforming the S&P 500. Discover the drivers behind the boom, from the Nintendo Switch 2 to the EA buyout, and what it means for investors.
Amazon Canada Early Black Friday Deals 2024
Amazon Canada launches unprecedented Early Black Friday deals with record-low prices on Stanley cups, Kindles, AirTags, and more. Shop now before these limited-time offers disappear!
Canada Post Needs Bailout After $541M Loss
Canada Post reports unprecedented $541 million quarterly loss, citing strikes and customer migration to competitors. The crown corporation requires another government bailout to continue operations.
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.
Ubisoft taps Tencent cash to pay off breached loan
Ubisoft will use a $1.25B Tencent investment to repay a €286M loan after an accounting error breached its agreement. Shares surged 13% as trading resumed.
Chinese EVs: Canada's Political Challenge
Canada faces complex political decisions on Chinese EV imports, balancing trade relations, domestic auto industry, and US alignment. Learn about the ongoing policy dilemma.
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