COVID Debt

• Consumer insolvencies in Canada hit highest number since COVID pandemic began

  During the pandemic, consumer and business insolvency numbers dropped as emergency aid helped buoy individuals and firms alike.

  Money

  Jan 5, 2023
  
• 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
  
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• Living on the financial brink? Here’s how to avoid digging a deeper debt hole

  Fifty-three per cent of Canadians say they’re $200 or less away from not being able to pay bills and meet monthly debt obligations, according to a new survey.

  Money

  Apr 8, 2021