Canada Credit Card Debt

• Credit card debt up 15% in Q4 with younger Canadians feeling pinch: Equifax

  Equifax 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.

  Economy

  Mar 9, 2023
  
• Canadians at record high credit card debt as inflation remains hot: survey

  Equifax 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.

  Canada

  Nov 1, 2022
  
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• The average Canadian owes $8,500 in consumer debt, excluding their mortgage: Ipsos poll

  Nearly half of respondents (46 per cent) said they have no consumer debt whatsoever.

  Economy

  Dec 27, 2017