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U.S. President Donald Trump’s proposal that credit card interest rates be capped at 10 per cent could bring short-term relief to some consumers but is likely to cause a broader credit crisis in the long run, according to experts. Earlier this month, Trump wrote on Truth Social that credit card …
Read More »In times of drought, why are residential consumers ‘targeted’ with conservation measures?
As the worst drought in decades dragged on through the summer of 2025, some Nova Scotians who use municipal water supplies were asked and then ordered to stop watering lawns, washing cars and filling pools in the name of easing the strain on dwindling water sources. The conservation measures were …
Read More »Consumers wary of B.C.’s American-edition wines, the remnants of a poor harvest
Even on vacation, Canadians are carefully reading labels and are choosing to stay north of the 49th parallel this summer. In a climate where demand for locally-made wine has increased, industry experts have noticed that consumers are conflicted when they find their favourite Okanagan vineyards selling bottles full of grapes that were grown south of …
Read More »Planning to buy a car in 2023? Expectations will have to ‘change’, experts caution – National
Finding affordable and quality vehicles has been difficult for the last couple of years — be it due to semi-conductor shortages or supply chain issues — and according to some industry experts, the Canadian auto market will continue to reflect past trends for most of 2023 before things ease up …
Read More »Consumers say they can’t keep up with natural gas prices as Enbridge applies for another increase
Sitting on the back patio of her house, Lynda McCarthy carefully sifts through her neatly organized Enbridge Gas bills. Living on a fixed income with her husband in Newcastle, Ont., a small community in Durham Region east of Toronto, the 73-year-old keeps a close eye on expenses and sticks to a strict …
Read More »Young consumers are opting to buy now and pay later, as more companies enter the financing game
When Jameil Joseph goes to check out his online shopping cart, he’ll often click on the option to buy now and pay later. Most of his friends do it, too, he said. “I use them whenever they’re available,” said Joseph. “It’s always better to have extra money.” Increasingly, online retailers …
Read More »FTC: consumers have reported losing nearly $82M to crypto scams during Q4 2020 and Q1 2021, up more than 10x YoY (Alexander Osipovich/Wall Street Journal)
Alexander Osipovich / Wall Street Journal: FTC: consumers have reported losing nearly $82M to crypto scams during Q4 2020 and Q1 2021, up more than 10x YoY — FTC says consumers have reported losing more than $80 million to crypto-investment scams since October — Scams are running rampant in the …
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