Albertans are bracing for more debt and insolvency as the COVID-19 pandemic continues.

Credit rating agency Equifax Canada says average consumer debt increased 2.7 per cent to reach $72,950 at the end of 2019.

Albertans are becoming more pessimistic about their financial future in light of growing debt.

The latest figures from Statistics Canada are providing a reality check on how retail sales are doing in Alberta going in to Black Friday and the Christmas shopping season.

With more Calgarians delinquent in debt payments, and insolvencies reaching their highest point in the city since 1998, the need to talk about debt has reached a high mark.

New data from TransUnion finds that Canadians are increasingly turning to unsecured lines of credit — a more expensive way to borrow.

Canadians should be responsible for their own debts, but Mike Stafford says Canadian banks and lenders have to share some responsibility, as well.

Vancouver was the only place where non-mortgage debt balances grew on a quarterly basis in the first quarter of 2018. It declined in every other major Canadian city in this report.

Canadians now owe $1.68 for every dollar of disposable income, down from nearly $1.70.

A growing number of Canadians are worried rising interest rates could impact their ability to repay their debts, according to a new poll.