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Debt

Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

by Anas Siddiqui
Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show

The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into …

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Canadian economy not in recession, but 2023 was one of its weakest recent years

by Anas Siddiqui
Canadian economy not in recession, but 2023 was one of its weakest recent years

The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses. Statistics Canada reported Thursday that …

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Nepal loan shark victims make 23-day march for justice: ‘they cheat, exploit people like us’

by Walter Watson
Nepal loan shark victims make 23-day march for justice: ‘they cheat, exploit people like us’

Many rural residents in Nepal turn to local money lenders due to limited access to financial institutions and complex loan process in banks. The lenders often end up taking advantage …

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Donald Trump’s property could be seized if he can’t pay US$454 million civil fraud debt, New York’s Letitia James says

by Walter Watson
Donald Trump’s property could be seized if he can’t pay US4 million civil fraud debt, New York’s Letitia James says

Trump claimed last year that he has about US$400 million in cash – reserves that would get eaten up by his court penalties. The rest of his net worth, which …

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Ottawa wants billions more for debt, defence, Indigenous kids – National

by Vera Ward
Ottawa wants billions more for debt, defence, Indigenous kids – National

Treasury Board President Anita Anand is asking Parliament to approve an extra $8.9 billion in spending in the current fiscal year, which ends March 31. Most of it is for …

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Facing a severe physician shortage, feds to offer loan forgiveness for some doctors, nurses

by Akin Smith
Facing a severe physician shortage, feds to offer loan forgiveness for some doctors, nurses

In a bid to increase the number of doctors and nurses practising in rural and remote areas, the federal government said Tuesday it would increase forgivable loans for some students. Canada …

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In Sri Lanka, climate change traps women farmers in ‘exploitative’ cycle of economic violence

by Walter Watson
In Sri Lanka, climate change traps women farmers in ‘exploitative’ cycle of economic violence

Sandamali said her family kept the front door closed, but some loan officers would walk around the house and come to the back door. One used to peep through the …

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6 Ways For Businesses to Be Ready When Interest Rates Fall

by Edgar Davis
6 Ways For Businesses to Be Ready When Interest Rates Fall

Opinions expressed by Entrepreneur contributors are their own. If there’s one thing economists are sure about this year, it’s that interest rates are coming down. Even the Federal Reserve’s officials …

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JK Tyre & Industries looking to invest Rs 1400 crore in next two years

by Horatio Thompson
JK Tyre & Industries looking to invest Rs 1400 crore in next two years

JK Tyre & Industries is looking at investing Rs 1400 crore over the next two years to expand capacity to meet demand for truck, bus and passenger car radial in …

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3 Ways to Conquer Your Debt and Stay on Top of Your Finances

by Edgar Davis
3 Ways to Conquer Your Debt and Stay on Top of Your Finances

Opinions expressed by Entrepreneur contributors are their own. Let’s cut to the chase and talk about something that’s hitting our wallets hard – consumer credit. The numbers don’t lie: Consumer …

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