Settle your debts! Stop collection calls! Avoid bankruptcy!
Those are the types of lofty promises made by debt settlement companies that were supposed to be a thing of the past in Ontario as of July 1.
The province’s Collection and Debt Settlement Services Act, which places strict...
(76) Comments | Posted July 31, 2015 | 9:16 AM
Donna Borden believes she was the victim of predatory lending, but she refuses to play that role any longer.
She had already paid $25,000 on a subprime, $10,000 loan when Borden says she decided enough was enough. Fed up, she stopped paying and started fighting.
“These people got balls,”...
(60) Comments | Posted July 28, 2015 | 9:15 AM
Juanita was already taking care of her 87-year-old mother when her husband had a heart attack so serious that he couldn’t return to work.
The 60-year-old Newfoundland woman had been eking out enough as a personal support worker to cover living costs for all three of them — until...
(46) Comments | Posted July 27, 2015 | 10:24 AM
New forms of lenders are lining up to benefit from Canada's credit boom, charging high interest rates to the riskiest of borrowers. The shadow lending market is growing faster than it can be regulated, leaving the most indebted Canadians vulnerable to what activists describe as predatory lending practices.
(7) Comments | Posted July 1, 2015 | 1:03 AM
Trips to a Canadian mall looked a little different before the American retail invasion: You could stock up on Thriftys V-neck tees at two for $25 or head into Northern Reflections for a puffy-painted loon sweatshirt for summer camp.
And back in the ‘90s we rocked the Canadiana with...
(13) Comments | Posted June 22, 2015 | 8:58 PM
It may not be free money, but it’s the next best thing: Many Canadians are sitting on a pile of forgotten cash that’s free to claim.
This isn’t some kind of get-rich-quick scheme — the money potentially awaiting you on this website is actually yours. The Bank of Canada...
(28) Comments | Posted June 22, 2015 | 4:07 PM
A majority of Canadian business leaders believe the economy is too dependent on the oilsands and other natural resources, according to a new survey.
Nearly two-thirds of Canadian executives polled —including about 60 per cent of Albertans surveyed — said they believe the country should be less reliant on resources....
(2) Comments | Posted June 22, 2015 | 2:22 PM
BlackBerry is expected to report another disappointing chapter this week in Canada’s favourite will-they-or-won’t-they turnaround story.
Analysts estimate the embattled company will report around $690 million in first-quarter revenues, falling about 30 per cent short of where they were a year ago — suggesting the company’s transition from handsets to...
(17) Comments | Posted June 19, 2015 | 2:53 PM
You might have a less cluttered inbox than a year ago, but Canadian companies say “anti-spam” legislation is costing them business.
Canada's anti-spam law was enacted last July with the aim of “protect(ing) Canadians while ensuring that businesses can continue to compete in the global marketplace.”...
(7) Comments | Posted June 17, 2015 | 4:49 PM
Good news, indebted Ontario students: you can now pay down college and university loans with Aeroplan points.
But the program doesn’t come cheap: it’ll cost you $35,000 in credit card spending to accumulate enough miles to pay off $250 in debt.
Aeroplan announced Wednesday that members can redeem 35,000 miles...
(8) Comments | Posted June 9, 2015 | 4:49 PM
One of Canada’s most innovative services in the country’s tightly-controlled real estate market will close later this month.
Rogers confirmed on Tuesday that it will shut down Zoocasa, its real estate listings property, as of June 22. After that it will no longer be registered as a broker and...
(22) Comments | Posted June 9, 2015 | 1:39 PM
Blacks is no longer photography.
Telus is closing down all 59 Blacks Photography stores in Canada, affecting some 485 employees, a spokeswoman for the retailer’s parent company said.
“Technological innovations have changed the way Canadians take and share photographs, with fewer of us using retail photo outlets,” said Luiza...
(53) Comments | Posted June 9, 2015 | 9:40 AM
Stephen Harper’s G7 commitment to a no-carbon economy by the end of the century isn’t about to cause mass disruption in the oilsands because the industry is already changing faster than the Canadian government, experts say.
Canada’s prime minister signed an agreement Monday with the Group of Seven countries at...
(4) Comments | Posted June 8, 2015 | 4:20 PM
Broadcasters should offer online shopping straight from their shows, says the head of Canada’s telecommunications regulator.
The so-called “click to retail” model is the way of the future, CRTC chairman Jean-Pierre Blais said Sunday as part of a "Back To The Future"-themed speech delivered at the Banff...
(31) Comments | Posted June 4, 2015 | 5:28 PM
Canada's federal government objected to a proposal to allow more foreign ownership in telecommunications as part of a global trade deal, according to secret documents published by Wikileaks this week.
Canada is one of 23 countries plus the European Union in talks over the Trade in Services...
(7) Comments | Posted June 3, 2015 | 9:01 AM
Canadians will drive a resurgence in traditional media over the next five years as they continue to seek out shared, live experiences, according to a new forecast from PricewaterhouseCoopers.
The consulting firm’s Global entertainment and media outlook 2015-2019, released Wednesday, found that Canadians continue to devote more of...
(71) Comments | Posted June 2, 2015 | 4:15 PM
UPDATE 2015-06-03: Uber told its users Tuesday night it would continue to operate as normal in Toronto as it awaits a court decision on whether the city can shut the service down.
“As you know, Uber was in court this week in Toronto, defending your right to continue to access...
(209) Comments | Posted May 28, 2015 | 5:10 PM
Finance Minister Joe Oliver said Wednesday he believes relaxing labour laws to make it easier to lay off workers would help spur economic growth.
The Conservatives insist he wasn’t talking about Canada. But party officials gave conflicting statements Thursday as to which country he actually was speaking about.
At...
(9) Comments | Posted May 21, 2015 | 12:42 PM
Low-wage part-time Coach employees, whose total monthly pay is often less than the cost of one of the pricey handbags they sell to high-end clients, are getting the axe in the luxury retailer’s 36 stores across Canada.
Staff at a Coach store in Burlington, Ont., are up in arms over...
(7) Comments | Posted May 21, 2015 | 8:53 AM
Nearly half of working adults in the Greater Toronto Area are employed in precarious work, according to a new report by the United Way.
And it’s not just people in low-wage jobs who face insecure employment; it affects workers across all income levels, says the report titled “The Precarity Penalty,”...
(14) Comments | Posted August 1, 2015 | 10:27 AM