
Young people and newcomers fuel runaway debt growth: report
Article content
Article content
The credit-tracking agency says gen Z consumers saw their outstanding balances grow 30.6 per cent from the prior year.
Article content
The report says total outstanding debt grew 4.7 per cent to $2.5 trillion in the first quarter year-over-year.
Article content
Article content
Article content
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CTV News
24 minutes ago
- CTV News
Tortoise hatchlings born of century-old parents come out of their shells at Philadelphia Zoo
Staff members pose for photographs with several of the 16 critically endangered western Santa Cruz tortoise hatchlings during their debut at the Philadelphia Zoo on Aug. 20, 2025. (Matt Rourke / AP Photo) PHILADELPHIA — Sixteen critically endangered western Santa Cruz tortoises born to some very old parents got a slow walk and the red carpet treatment Wednesday at a Philadelphia Zoo event to show off the highly prized hatchlings. Animal care specialists who have watched over the 16 since they were eggs held the animals on a pathway by the zoo's tortoise habitat. The hatchlings are said to be eating well and growing. The pampered turtles were born in a series of hatches this year to Mommy and Abrazzo, a couple that is estimated to both be about 100 years old. Mommy arrived at the zoo in 1932, but had not produced offspring until Abrazzo was brought in nearly five years ago from Riverbanks Zoo and Garden in Columbia, S.C. The 16 are her first progeny. 'Now this animal, who's been in Philadelphia since 1932, will be represented here for, hopefully, another 100 years because her offspring are now part of our collection,' said Lauren Augustine, the zoo's director of herpetology. Four females that hatched early this spring were named after characters in the TV show ' Golden Girls.' Three males were hatched in April, and that was followed by Mommy's second clutch, which resulted in three females in June and six males this summer. Mommy and Abrazzo are the Philadelphia Zoo's oldest inhabitants and seen as highly genetically valuable for the survival of the species. Their offspring are considered a win in the effort to preserve western Santa Cruz tortoises. They are expected to remain at the zoo for at least a year before being placed in different facilities next fall. Western Santa Cruz tortoises are among the 13 living species of tortoise native to seven islands in the Galapagos chain in the Pacific Ocean off the coast of Ecuador. The largest species of tortoise, they are thought to live as long as 200 years. The zoo is soliciting donors to suggest names for one of the hatchlings, a male, subject to zoo approval. Others are named Zee, James, Colette, Soledad, Isabelle, Roger, Fausto, Caldero, Lee, Marigold Puddlefoot and Kelpy. The zoo uses nontoxic nail polish in different colors to distinguish them from each other. The Philadelphia Zoo also has two giant Aldabra tortoises, Wilma and Betty. A 135-year-old Galapagos tortoise named Goliath became a father for the first time at Zoo Miami in June.


CTV News
an hour ago
- CTV News
B.C.'s veterinary college says it risks insolvency in 2026 if fees don't increase
Veterinarians in British Columbia have until the end of the month to vote on increasing fees they pay to work in the province, a move their regulatory body says is needed to prevent it becoming insolvent. The College of Veterinarians of British Columbia says it is projected to become insolvent in May 2026 if the fees, including those for private practice registration, don't increase. The new proposed annual private practice registration fee would jump to $1,900, up from the current fee of $1,395, which the college says was set in 2011. It says registrants have been asked three times to vote on increasing annual registration fees — in 2012, 2019, and 2023 — but all three were declined. A post on the college's website explaining the vote says it sustained deficits in the 2023 and 2024 fiscal years, amounting to a cumulative deficit of almost $1.2 million. Voting stated on July 28 and members have until Aug. 29 to cast their ballot online. 'The college is projected to become insolvent in May 2026, at which time veterinary medicine in British Columbia will necessarily cease to be a regulated profession under the college,' the online statement says. 'Only the provincial government has the authority to regulate professions or delegate the regulation of a profession. It is unknown to the college what, if any, action the provincial government will take upon the insolvency of the college or in anticipation thereof.' This report by The Canadian Press was first published Aug. 20, 2025


CBC
an hour ago
- CBC
Rare butterfly spotted in Toronto for 1st time since 1896
The zebra swallowtail butterfly has made an appearance in Toronto for the first time in more than 100 years. CBC's Metro Morning spoke to the butterfly enthusiast who first spotted it at High Park.