Equifax
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Ontario, B.C. mortgage-holders increasingly missed payments in Q4, Equifax saysConsumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said.CanadaMar 5
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More Canadian businesses are missing debt payments, Equifax saysThe report by Equifax Canada says overall delinquencies for businesses in the third quarter rose 3.4 per cent compared with the previous quarter.MoneyDec 12, 2023
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Money Tips Monday: How to deal with your credit card debtStatistics Canada data indicates that for every dollar the average Canadian household has as disposable income, $1.85 is owed in credit market debt.EconomyJun 26, 2023
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Businesses are increasing their credit usage. Why that’s a worrying trendEquifax Canada says new data suggests a major shift in credit usage among businesses in the first quarter of 2023, and that casts doubts on the stability of the Canadian economy.MoneyJun 20, 2023
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Mortgage originations in Canada dipped in first quarter: reportEquifax Canada says credit demand was high in the first quarter of the year while the mortgage market saw a significant slowdown.MoneyJun 6, 2023
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Credit card debt up 15% in Q4 with younger Canadians feeling pinch: EquifaxEquifax 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.EconomyMar 9, 2023
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Canadians at record high credit card debt as inflation remains hot: surveyEquifax 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.CanadaNov 1, 2022
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Business openings fell 50% annually in Q2 amid recession fears: EquifaxJeff Brown, Equifax's head of commercial solutions, says normally around 100,000 businesses open in the second quarter of each year.MoneySep 30, 2022
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Quebec court approves $200.9M settlement against Desjardins over data breachFor 26 months, a rogue employee was siphoning sensitive personal information collected by Desjardins from customers who had purchased or received products through the organization.CanadaJun 17, 2022
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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, 2022
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