Debt anxiety lingers as Canadians wait for rate relief

“Canadians have not witnessed such economic uncertainty since the pandemic,” says Grant Bazian, President of MNP. “Many feel stuck, hesitating to make big life or financial decisions as they wait for things to stabilize.” Younger adults and lower-income households are bearing the brunt with one third of Canadians aged 18-34 saying they’ve put their lives…

Tata Communications Fundraising Update: Crucial board meeting this week; debt management framework – FULL agenda – Markets

Updated Jul 14, 2025 23:23 IST Photo : iStock Tata Communications Fundraising Update: Crucial board meeting this week; debt management framework – FULL agenda (Representational image) Fund Raise In The Agenda In its latest exchange filing on July 14, 2025, the company shared an important update on fundraise. “Tata Communications Limited manages its balance sheet…

German tram builder HeiterBlick goes bankrupt

Trams from HeiterBlick. Source: HeiterBlick Germany: The Leipzig-based company has applied to the district court for external administration. Although HeiterBlick was founded in 2004, it has its origins in a tram workshop opened in 1926. For three months, the company’s 250 employees will be paid by the Federal Employment Agency. Despite the bankruptcy proceedings, the…

‘Sometimes it doesn’t work out’: Calgary tech community reacts to ATTAbotics insolvency

Long considered a highlight of Calgary’s tech scene, local robotics company ATTAbotics is now restructuring as it deals with insolvency. That restructuring includes terminating 192 of its 203 employees, keeping only 11 as it navigates the road ahead, according to documents published by insolvency trustee firm Richter Inc. Founded in 2016 by Scott Gravelle, ATTAbotics…