consumer debt Canada
-
Consumer debt continued to rise in Q4 but new mortgages declined: EquifaxThe number of new mortgages declined 8.1 per cent year over year in the last three months of , according to Equifax.ConsumerMar 7
-
30% of Canadians say they’re insolvent, MNP debt survey showsOverall, Canadians say they are financially better off, according to a survey by debt consultancy MNP. And yet the highest share of respondents since 2017 say they are insolvent.MoneyJul 19, 2021
-
-
Advertisement
-
Canadian consumers are now carrying $2.1 trillion in debt, driven by mortgagesEquifax says the debt profile of Canadians has changed throughout the COVID-19 pandemic, with mortgages accounting for a larger portion of people's debt.ConsumerJun 8, 2021
-
-
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
-
Bank of Canada leaves interest rate unchanged at 1.75%Bank of Canada leaves its key rate unchanged, as expected, at 1.75 per cent.CanadaDec 5, 2018
-
-
As another rate hike looms, more Canadians feel closer to insolvencyOne-third of debtors now say rising rates could move them toward bankruptcy, a recent MNP survey found. Meanwhile, delinquency rates are up among seniors, according to Equifax.MoneyOct 23, 2018
-
-
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
-
-
Advertisement
-
Calgary and Vancouver are, on average, Canada’s most indebted major cities: reportAverage debt balances per person have kept growing in almost every quarter since 2015, data show.ConsumerNov 30, 2017
-
-
Advertisement
-
Millennials in big cities more likely to have no debt, save: surveyNew report yields surprising results about Canada's young urbanitesMoneyJun 28, 2017
Trending
-
What causes long COVID? Canadian researchers think they’ve found a key clue21963 Read
-
6 officers injured in shooting at Saanich, B.C. bank, 2 suspects killed11676 Read
-
John Horgan to step down as B.C. premier, asks party to hold fall leadership race2500 Read
-
‘We are suffocating’: Details emerge as 21 teens found dead in South Africa nightclub1832 Read
-
Ghislaine Maxwell sentenced to 20 years in Jeffrey Epstein sex abuse case1626 Read
-
‘ER’ actor Mary Mara, 61, dies in apparent drowning in St. Lawrence River1030 Read
-
Top Videos
-
Ontario researchers focus on possible clue of long COVID9541 Viewed
-
Multiple people injured in shooting at Saanich, B.C. bank8152 Viewed
-
NASA’s CAPSTONE orbiter aims to create new path back to the moon2044 Viewed
-
North Vancouver cat chases away bear1346 Viewed
-
Reaction to Premier John Horgan’s announcement he is stepping down1343 Viewed
-
More than 50 migrants found dead in abandoned truck trailer in Texas1092 Viewed
-