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Albertans hold most average consumer debt in Canada: report

According to a consumer trends report released Thursday by Equifax, residents of the province held the highest average amount of non-mortgage debt in the second quarter of 2023 at $24,439. The average for all of Canada: more than 10 per cent less at $21,131.

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Ford offers Unifor wage increases up to 25 per cent

Ford Motor has offered Canadian union Unifor wage increases of up to 25 per cent in its tentative agreement, the union said on Saturday. The agreement provides a 10 per cent wage increase for the first year followed by increases of two per cent and three per cent through the second and third year and a $10,000 productivity and quality bonus to all employees on the active roll of the company, Unifor said.