Hard Numbers: Canada’s household debt soars, healthcare top of mind in Alberta, Minnesota mining & the debt ceiling, asylum-seekers put strain on Portland, Canada & Saudi Arabia make up

A "For Sale" sign at a house in Calgary, Alberta.
A "For Sale" sign at a house in Calgary, Alberta.
REUTERS/Todd Korol

107: Canadian households are more in debt than any other G7 country, according to a new government report. Household debt is now larger than the value of the entire Canadian economy, standing at 107% of GDP. This is worrying for Canada’s central bank because if homeowners can’t make mortgage payments, defaults pose a great risk to the national economy.

52: Ahead of Alberta’s Monday election, 52% of voters say healthcare is one the biggest political issue on their minds. The province’s healthcare system has been stretched for decades, but shortages, overcrowding, and long waits have reached dangerously high levels since the COVID-19 pandemic. Both political parties have made healthcare key parts of their campaigns and are competing to convince voters that they have a cure.

20: Minnesota Rep. Pete Stauber is bringing debt ceiling battles to the Minnesota-Canada border by fighting to get pro-mining legislation in the final deal. Stauber points to a NewRange mining project on the border – it has been embroiled in legal battles for 20 years over the project’s impact on nearby forests and water – as evidence that Republicans should not compromise on the debt ceiling unless environmental regulations are rolled back.

1,500: Some 1,500 asylum-seekers are stuck in Portland, Maine, where they’re putting a significant strain on the small city. Many had hoped to reach Canada but can no longer do so following recent changes to the Safe Third Country Agreement. Portland has long been a welcome pitstop for French-speaking asylum-seekers en route to Quebec, but Portland’s services are now struggling to keep up with the growing number of migrants.

5: Canada and Saudi Arabia are restoring full diplomatic relations for the first time in 5 years. In 2018, the kingdom abruptly cut ties after Canada urged the kingdom, via a tweet, to release a jailed women’s rights activist. Now, with inflation stalking the Canadian economy and oil-rich Saudi Arabia's regional and global importance magnified by the war in Ukraine, both sides are letting bygones be bygones.

More from GZERO Media

Walmart’s $350 billion commitment to American manufacturing means two-thirds of the products we buy come straight from our backyard to yours. From New Jersey hot sauce to grills made in Tennessee, Walmart is stocking the shelves with products rooted in local communities. The impact? Over 750,000 American jobs - putting more people to work and keeping communities strong. Learn more here.

People gather at a petrol station in Bamako, Mali, on November 1, 2025, amid ongoing fuel shortages caused by a blockade imposed by al Qaeda-linked insurgents.
REUTERS/Stringer

Mali is on the verge of falling to an Islamist group that has pledged to transform the country into a pre-modern caliphate. The militant group’s momentum has Mali’s neighbors worried.

Last week, Microsoft released the AI Diffusion Report 2025, offering a comprehensive look at how artificial intelligence is spreading across economies, industries, and workforces worldwide. The findings show that AI adoption has reached an inflection point: 68% of enterprises now use AI in at least one function, driving measurable productivity and economic growth. The report also highlights that diffusion is uneven, underscoring the need for greater investment in digital skills, responsible AI governance, and public-private collaboration to ensure the benefits are broadly shared. Read the full report here.

- YouTube

At the 2025 Abu Dhabi Global AI Summit, UNCTAD Secretary-General Rebeca Grynspan warns that without deliberate action, the world’s poorest countries risk exclusion from the AI revolution. “There is no way that trickle down will make the trick,” she tells GZERO Media’s Tony Maciulis. “We have to think about inclusion by design."

- YouTube

In this Global Stage panel recorded live in Abu Dhabi, Becky Anderson (CNN) leads a candid discussion on how to close that gap with Brad Smith (Vice Chair & President, Microsoft), Peng Xiao (CEO, G42), Ian Bremmer (President & Founder, Eurasia Group and GZERO Media), and Baroness Joanna Shields (Executive Chair, Responsible AI Future Foundation).