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Struggling with money? What you can do to tackle mounting debtConsumer debt is rising in Canada. If you're feeling the squeeze, here a some steps you can take to start getting your finances in line.ConsumerJul 12
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Canadians are among the world’s most indebted. How they handle that debt variesThe report said interest rate hikes by the Bank of Canada from 2022 to 2023 has left many Canadians facing issues with saving and households debt.CanadaJul 5
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Regina city council approves central library debt financingCity council agreed to commit between $92 million and $119 million in debt financing on behalf of the RPL as part of the capital costs of the Central Library Renewal project.CanadaJul 9
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Bank of Canada cuts key interest rate to 4.5% with hints of more to comeThe Bank of Canada's key interest rate fell by 25 basis points on Wednesday, a move that will immediately be felt by Canadians with variable rates of debt.MoneyJul 24
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Kevin Spacey cries, says he’s in debt ‘many millions’ in new interview'I want to live, but there were times when I wasn't sure if I would make it,' Kevin Spacey said of his emotional state amid numerous the sexual assault allegations against him.EntertainmentJun 13
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Biden administration seeks to remove medical debt from Americans’ credit reportsThe U.S. Consumer Financial Protection Bureau says the move would remove up to US$49 billion in medical debts from the credit reports of 15 million Americans.U.S. NewsJun 11
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Household disposable incomes grew faster than debt in Q1, StatCan saysStatistics Canada says the amount Canadians owe relative to their income in the first quarter edged lower as growth in household disposable income outpaced the growth in debt.MoneyJun 13
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Kenya’s president withdraws controversial tax bill that sparked deadly protestsAt least 22 people were killed in mass protests over the finance bill that aimed to address Kenya's debts but was seen as the government breaking its promises to help ease costs.WorldJun 26
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Global debt hit record US$97T last year, 30% owed by developing nations: UNIn a report released Tuesday, the United Nations said that high interest payments are outstripping growth in essential public spending around the world.WorldJun 4
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Gen Z’s debt load is surging. Here’s why, and how they can manage itThe report by the credit bureau took a look at the Canadian consumer credit market and found that participation has led to total consumer debt rising to $2.38 trillion.MoneyMay 28
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Shohei Ohtani’s ex-interpreter pleads guilty to stealing US$17M from athleteIppei Mizuhara pleaded guilty to one count of bank fraud and one count of subscribing to a false tax return and admitted to stealing from Ohtani to pay his sport gambling debts.SportsJun 4
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East Vancouver’s Wise Hall at risk of closing amid pandemic debt, inflationVenue operators say the space is at risk primarily due to struggles to repay COVID-19 pandemic-related debt and rising operating costs, including a growing property tax bill.EntertainmentMay 14
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Figures show Manitoba Tories had seven-figure liabilities at end of 2023New figures show the Manitoba Progressive Conservatives finished last year with $1.2 million in debt and other liabilities.PoliticsMay 13
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Saskatoon track star Harrison set to make long-awaited Olympic debut in ParisA three-time national champion, Saskatoon's Michelle Harrison will finally see her Olympic dreams come true qualifying for Team Canada in 100m hurdles.SportsJul 16
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N.S. murderer’s cryptocurrency stash rules out free legal aid for appealA judge has ruled that a stash of cryptocurrency belonging to a convicted Nova Scotia murderer means he won't be receiving free legal aid for an appeal.CrimeJul 24
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Illegal gambling hits Ontario high school, students threatened over debts: policePolice in Ontario are investigating reports of an illegal online gambling operation targeting youth at an Orillia high school. Some students say they're being threatened too.CrimeMay 6
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Manitoban triathlete prepares for Paralympic debut with dreams of gold in ParisManitoban triathlete Leanne Tayor is preparing for her Paralympic debut in Paris this year and dreams of bringing home the gold.SportsJul 14
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‘A big green light to cut’: What to expect from the Bank of Canada this weekThe Bank of Canada is set for another interest rate decision on Wednesday, with most economists and market watchers betting on another cut. Here's what to expect.MoneyJul 23
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No more vehicles at Stanley Park? Future of road access under debateThe board has six potential options for Stanley Park Drive, which is used by both vehicles and cyclists.CanadaJul 17
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Renters so far more ‘vulnerable’ than homeowners amid higher interest rates. Why?The Bank of Canada says in a new report that renters are feeling more debt stress tied to higher interest rates than Canadians with a mortgage.MoneyMay 9