Debt
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Almost four in 10 Canadians took on more debt last year, survey showsAlmost one in four Canadians said their debts increased in the last year and more than half said their financial commitments have increased their stress levels.MoneyNov 28, 2025
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Buy now, pay later: A help or a hindrance?'A lot of people are actually needing to turn to these services, to buy groceries, to pay for food, pay for clothing,' Pearl Irabor with the Credit Counselling Society said.MoneyOct 17, 2025
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Canadians facing higher costs, more debtRising cost of living and flat wages are pushing more Canadians to rely on credit debt and food banks just to get their essentials.ConsumerJul 17, 2025
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3 in 5 British Columbians concerned about repaying debt, despite interest rate cuts: pollSixty-seven per cent of those polled by Ipsos, on behalf of MNP, said they desperately need interest rates to go down, despite two consecutive interest rate pauses.EconomyJul 14, 2025
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More Canadian youth are taking on debt — and low wages mean many can’t payThere's a rising number of youth aged 18 to 25 who are missing debt payments as they struggle with the cost of living combined with low wages at new jobs.CanadaMay 28, 2025
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Canadians are banking on tax refunds amid ‘staggering’ debtAs recession fears loom, a 'staggering' number of Canadians say they are in financial debt and many are banking on their tax refunds to pay that down, according to a recent poll.MoneyApr 16, 2025
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‘Financially paralyzed’: Half of Canadians living bill-to-bill, poll findsNearly half added they could no longer afford to maintain their standard of living, while nearly a third said their finances were in a constant state of chaos.EconomyJan 23, 2025
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Half of Canadians $200 or less away from not being able to pay bills: pollInterest rate cuts from the Bank of Canada last year have not swayed how Canadians are feeling about their debt heading into 2025, a new poll released Monday suggests.MoneyJan 13, 2025
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More credit card debt likely for 1 in 5 as Canadians focus on ‘surviving’The survey from TransUnion also found about 26 per cent of Canadians said they expect to be unable to pay at least one bill or loan in full in 2025.CanadaJan 7, 2025
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Joe Biden signs bill that averts a U.S. government shutdownThe deal funds the government at current levels through March 14 and provides US$100 billion in disaster aid and US$10 billion in agricultural assistance to farmers.WorldDec 21, 2024
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