Etiket: debt
Canadian household debt fell in the 3rd quarter
(Ottawa) Statistics Canada reports that the amount of debt Canadians have relative to their income decreased slightly in the third quarter, but the cost of servicing that debt relative to…
Fitch helps Greece turn the page on the debt crisis
The financial rating agency Fitch on Friday raised Greece’s long-term sovereign debt rating from BB+ to BBB-, with a “stable” outlook, placing the country in the so-called “investment” category. S&P…
“140 euros per month to live”, this farmer from “Love is in the meadow” up to his neck in debt
She is the French’s favorite presenter. It’s been years since the French audiovisual landscape has been without Karine Le Marchand, one of the essential faces of the sixth channel. And…
Shock wave in the world of beer in Quebec: riddled with debt, Triani reorganizes
Five Quebec microbrewers have been waiting for months for the $3 to $5 million owed to them by their distributor, Transbroue. The latter announced, Monday morning, the end of its…
Chrystia Freeland defends her economic update: “We have the lowest debt and deficit in the G7”
In an interview with TVA Nouvelles, Canada’s Minister of Finance, Chrystia Freeland, maintained the merits of Tuesday’s economic update, which provides for additional spending of $13.2 billion over six years.…
Wall Street ends up, the market reassured by a debt issue
(New York) The New York Stock Exchange ended higher on Monday, on a market still well oriented and reassured by a rather successful American debt issue, at the start of…
the French railway giant cuts 1,500 jobs around the world to reduce its debt
Alstom announced on Wednesday November 15 that it would lay off 1,500 employees worldwide. The global railway construction giant is downsizing while the train sector is booming. What is going…
Montreal 2024 Budget | The debt increases, the interest bill does not change
The increase in interest rates does not seem to have any impact on the City of Montreal’s budget. The municipal finance department forecasts stable financing costs in 2024 compared to…
Alstom announces plan to get out of debt
(Paris) All action at Alstom: the railway manufacturer announced on Wednesday a plan to reduce debt with the elimination of 1,500 jobs worldwide, asset sales and even a possible capital…
University students take on debt from banks, survey finds
The Quebec Student Union (UEQ) is concerned about the level of debt university students have with banks. More than 40% of the total amount of loans for this population were…
Going into debt up to your neck to go back to school
The rising cost of living is hitting many post-secondary students hard. For his second text on the subject, The duty collected the testimonies of two students who became tens of…
Quebec would inherit 200 billion in federal debt if it declared its independence
Even if Quebecers represent 22% of the Canadian population, they would only inherit 17.6% of the federal debt in an independent Quebec, calculates the Parti Québécois (PQ) in the “year…
The rating agency Moody’s maintains the Aa2 rating of France’s debt
Welcome Eco / Consumption The agency previously gave France the same rating, with a stable outlook. Published on 10/21/2023 00:14 Reading time : 1 minute On October 20, 2023, Moody’s…
Debt in different forms is getting worse in Quebec, according to INRS
(Montreal) Research on household debt in Quebec concludes that repaying amounts is increasingly difficult for a growing number of borrowers. Posted at 6:51 a.m. The study also managed to target…
“Mahorais households have a big debt for water, which is not drinkable and which is not distributed” denounces Estelle Youssouffa, LIOT MP
Following the government’s announcement to pay water bills in Mayotte, opposition MP from LIOT, Estelle Youssouffa recalls that Mayotte households are in debt and hopes that the measure will be…
“Mahorais households have a big debt for water, which is not drinkable and which is not distributed” denounces Estelle Youssouffa, LIOT MP
Following the government’s announcement to pay water bills in Mayotte, opposition MP from LIOT, Estelle Youssouffa recalls that Mayotte households are in debt and hopes that the measure will be…
Biden continues student debt relief
Joe Biden will devote an additional $9 billion to student debt relief, the White House said on Wednesday, which is focused on promoting the American president’s concrete actions while the…
Waking up one morning with a debt problem
The sharp increase in the cost of living and soaring interest rates have taken many Quebecers by surprise who had never worried about their personal finances before. A quarter of…
Draft 2024 budget, green taxation, debt reduction… Those informed on the morning of Thursday September 28, 2023
Welcome radio replay Morning news Every day, those in the know debate the news around Renaud Dély and Salhia Brahklia. Published on 09/28/2023 10:35 Reading time : 23 mins The…
Public and private debt continues to rise around the world
The debt of governments, businesses and households has been growing for decades. This is generally true in Canada, but not only. This is also the case in most other countries…