Credit Card Debt Canada
-
Credit card debt up 15% in Q4 with younger Canadians feeling pinch: EquifaxEquifax says Canadians' credit card debt increased by more than 15 per cent from the same period a year earlier and totalled more than $100 billion for the first time.EconomyMar 9, 2023
-
Canadians at record high credit card debt as inflation remains hot: surveyEquifax Canada's consumer survey released Tuesday found the average credit card balance held by Canadians was at a record high of $2,121 by the end of September.CanadaNov 1, 2022
-
-
Advertisement
-
Two in five Canadians believe they will never be debt-freeAlmost half of respondents to a recent Manulife survey also said their spending was increasing faster than their income.MoneyNov 22, 2019
-
-
Advertisement
-
Are indebted Canadians foolhardy or prey?Canadians should be responsible for their own debts, but Mike Stafford says Canadian banks and lenders have to share some responsibility, as well.CommentaryJul 16, 2018
-
The average Canadian owes $8,500 in consumer debt, excluding their mortgage: Ipsos pollNearly half of respondents (46 per cent) said they have no consumer debt whatsoever.EconomyDec 27, 2017
-
-
How the Bank of Canada’s interest rate hike affects your walletHere's how today's rate announcement could affect your mortgages, credit lines, car loan and credit card payments.MoneyJul 12, 2017
-
-
Canadian provinces ranked by average consumer debt: Equifax reportSurvey reveals where Canadians carry the highest and lowest consumer debt loadsMoneyJun 22, 2017
Trending
-
Ontario man on trial for killing his mother takes the stand: ‘I lost it’25,142 Read
-
Suspect in killing of temple leader Hardeep Singh Nijjar got student visa in ‘days’21,982 Read
-
Ultra-processed food tied to higher risk of early death, study finds. What to avoid16,979 Read
-
A ‘zombie’ virus is raging among raccoons. What to know11,926 Read
-
Cruise ship worker arrested, accused of stabbing 3 people with scissors9,620 Read
-
Person tries to get into Drake’s Toronto property as shooting investigation continues9,060 Read
-