Debt Canada

• Credit card debt hit all time high in Q2 as inflation bites: Equifax

  Equifax Canada says many Canadians are slowing down their credit card spending, but lower-income households are having a harder time curbing spending.

  Consumer

  Sep 14, 2023
  
• Canadian consumer debt climbs 7.3% to $2.36 trillion in third quarter: Equifax

  Equifax Canada says an increase in borrowers helped push total consumer debt to $2.36 trillion in the third quarter, even as mortgage volumes decline.

  Consumer

  Dec 6, 2022
  
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• Canada’s debt level is sustainable over long term, parliamentary budget officer says

  The report says that over the long term, relative to the size of their economies, provinces will face rising health-care expenses due to the aging population.

  Canada

  Jul 28, 2022
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• Dealing with debt: Experts break down ways to manage as Canadians struggle

  Many Canadians are struggling with debt. Experts gave Global News their best advice on how to manage debt, cautioning more will likely struggle in the months to come.

  Money

  Jun 2, 2022
• Canadian consumers are now carrying $2.1 trillion in debt, driven by mortgages

  Equifax says the debt profile of Canadians has changed throughout the COVID-19 pandemic, with mortgages accounting for a larger portion of people's debt.

  Consumer

  Jun 8, 2021
• Canada accumulating private debt faster than any other advanced economy

  It's not just households, Canadian companies are also piling up debt to buy real estate, study suggests

  Canada

  Jun 22, 2017
• Canadians have more debt than ever, but fewer are going bankrupt. Why?

  Debt levels are up, but delinquencies are down, according to TransUnion.

  Money

  Jun 8, 2017