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report on business
Allied Properties sells data centres for $1.35-billion to retool in higher-rate and hybrid-work world
The exterior of The Well building photographed in Toronto, Ont., on Monday, April 3, 2023. Tijana Martin/ The Globe and Mail
economy
Canadian household debt level rises as interest rates bite into cash flow
A person walks by a row of houses in Toronto on Tuesday July 12, 2022. A recent Statistics Canada survey showed that 44 per cent of people aged 25 to 34 reported that, due to rising prices, they either wanted to purchase a home or move but did not, moved sooner than planned, or chose a more affordable option such as downsizing to a more affordable house or rental. THE CANADIAN PRESS/Cole Burston
the decibel: a daily news podcast from the globe and mail
Here’s why millennials are drowning in debt
Podcast
Podcast logo for The Decibel, the daily show from The Globe and Mail.
opinion
Postmedia is in a crash dive – Ottawa should let it decline
Marc Edge
opinion
The only thing worse than a legal borrowing limit is no legal borrowing limit
Andrew Coyne
report on business
Biden signs debt ceiling bill, pulling U.S. back from brink of unprecedented default
As seen through a window, President Joe Biden addresses the nation on the budget deal that lifts the federal debt limit and averts a U.S. government default, from the Oval Office of the White House in Washington, Friday, June 2, 2023. (AP Photo/Andrew Harnik)
opinion
Canada, with our flagrant public spending, could benefit from a debt ceiling
William Robson
international business
ATM maker Diebold Nixdorf files for bankruptcy to cut US$2.1-billion in debt
FILE - In this Aug. 30, 2017, photo, automated teller machines are lined up during the manufacturing process at Diebold Nixdorf in Greensboro, N.C. It’s important to find a bank that meets all your unique needs in terms of access, technology and cost. Be sure to consider credit unions or online banks that typically offer lower fees and better interest rates. (AP Photo/Gerry Broome, File)
advisor stocks
Wall Street banks re-enter junk debt market
FILE - The Alcoa and Arconic headquarters, left, sit on the Northside of Pittsburgh along the Allegheny River, on Oct. 17, 2022. Aluminum maker Arconic is being taken private by Apollo Global Management in a deal worth approximately $5.2 billion, according to a statement from Apollo on Thursday, May 4, 2023. (AP Photo/Gene J. Puskar, File)
report on business
Brookfield, DigitalBridge in bidding war for Compass Datacenters, sources say
Pedestrians and office workers walk past the Bay St. entrance to Brookfield Place in Toronto’s Financial District on July 12, 2022. Fred Lum/The Globe and Mail.
on commodities
Is gold going higher? Here’s what the indicators are saying
FILE PHOTO: Employees cast ingots of 99.99 percent pure gold during production at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. REUTERS/Alexander Manzyuk/File Photo
market news
The close: TSX recoups some recent declines as U.S. debt deal struck
A red light on Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020.
opinion
How a compromise on the debt ceiling could reward the U.S.
David Parkinson
paycheque project
B.C. couple earning $160,000 are weighed down by debt but plan to start saving for their wedding
investment ideas
What would happen to a U.S. Treasury after default? Six key questions
The U.S. Capitol in Washington on May 25.
international business
Cineworld expects to emerge from bankruptcy protection in July as most lenders back restructuring plan
FILE PHOTO: A Cineworld cinema near Manchester, Britain, October 4, 2020. REUTERS/Phil Noble
advisor news
Reducing wealth erosion through effective cash flow management
Video35:22
opinion
Canadians’ household debt is surging – this is a grave problem
Charles St-Arnaud
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