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Debt

This therapist can’t afford her dream job — and gave it up so she could pay rent

by Akin Smith
This therapist can’t afford her dream job — and gave it up so she could pay rent

Musician Kelsey Arsenault thought bridging music and health care in music therapy was the perfect occupation. Until she couldn’t pay her bills. (Malone Mullin/CBC) This is Part 2 of The Grind, …

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WeWork files for bankruptcy protection

by Anas Siddiqui
WeWork files for bankruptcy protection

WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office-sharing company once seen as a Wall Street darling that promised to upend the way people …

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This grandmother works gruelling 70-hour weeks just to pay the bills. And she’s not alone

by Anas Siddiqui
This grandmother works gruelling 70-hour weeks just to pay the bills. And she’s not alone

Young outside of the home she rents with her husband in Flatrock, N.L. She says the two don’t have much time to spare for each other these days. (Malone Mullin/CBC) …

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The ‘sugar rush’ effect: Why the U.S. economy is growing faster than Canada’s

by Walter Watson
The ‘sugar rush’ effect: Why the U.S. economy is growing faster than Canada’s

In a lot of ways, the U.S. and Canadian economies are similar. They’re both seeing progress in the fight to rein in inflation. They both have robust employment levels. But …

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Justice Clarence Thomas Bought RV With Loan That Was Forgiven

by Horatio Thompson
Justice Clarence Thomas Bought RV With Loan That Was Forgiven

A Senate inquiry found that Justice Clarence Thomas failed to repay most, if not all, of a quarter million dollar loan that funded the purchase of his 40-foot RV. 2023 …

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A shaky economy has forced Italy’s far-right prime minister to scale back her populist agenda

by Walter Watson
A shaky economy has forced Italy’s far-right prime minister to scale back her populist agenda

An exposé on Giorgia Meloni’s longtime partner caught on tape sexually harassing female colleagues was likely not the news Italy’s prime minister hoped would mark her one-year anniversary in power. But Meloni, who …

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Iconic Toronto condo project placed into receivership due to $1.6B in unpaid debt

by Anas Siddiqui
Iconic Toronto condo project placed into receivership due to .6B in unpaid debt

A high-profile Toronto condominium project that has been plagued with delays and setbacks for almost a decade has been placed into receivership by its biggest lender, refusing to foot the …

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SBF’s close friend reveal he admitted FTX couldn’t cover $8B debt

by Edgar Davis
SBF’s close friend reveal he admitted FTX couldn’t cover B debt

He was in a real pickle. Sam Bankman-Fried confessed that his crypto hedge fund could have trouble covering an $8 billion debt while playing “padel” tennis -— a racquet sport …

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Automakers Should Be Freaking Out About Student Loan Debt

by Horatio Thompson
Automakers Should Be Freaking Out About Student Loan Debt

It’s been a hell of a few years for American automakers; profits have been good, very good. Ford, General Motors, and Stellantis have made $250 billion since 2013, with another …

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China Holds Evergrande’s Embattled Billionaire Hui Ka Yan Under Police Control: Bloomberg

by Anas Siddiqui
China Holds Evergrande’s Embattled Billionaire Hui Ka Yan Under Police Control: Bloomberg

Hui Ka Yan, chairman of China Evergrande Group. (Photo by Paul Yeung/Bloomberg) © 2019 Bloomberg Finance LP Hui Ka Yan, the billionaire chairman of China Evergrande Group, has been placed …

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