Equifax Canada

• Auto fraud is up 54% in Canada — and culprits may not be who you think

  The report released by Equifax Canada showed automotive fraud was up by 54 per cent year over year, with identity theft and falsified credit applications largely driving the rise.

  Canada

  Sep 24
  
• Missed credit payments higher among younger Canadians: report

  An Equifax Canada report says missed credit payments were higher among younger Canadians in the second quarter due to living costs and unemployment.

  Consumer

  Aug 27
  
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• Young Canadians more likely to have missed a bill payment this year: survey

  Equifax Canada says young Canadians are more anxious about their personal debt and more likely to have missed a bill payment this year.

  Canada

  Oct 30, 2023
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• Businesses are increasing their credit usage. Why that’s a worrying trend

  Equifax 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.

  Money

  Jun 20, 2023
• Mortgage originations in Canada dipped in first quarter: report

  Equifax Canada says credit demand was high in the first quarter of the year while the mortgage market saw a significant slowdown.

  Money

  Jun 6, 2023
• Credit card debt up 15% in Q4 with younger Canadians feeling pinch: Equifax

  Equifax 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.

  Economy

  Mar 9, 2023
• Canadian consumer debt climbs 7.3% to $2.36 trillion in third quarter: Equifax

  Equifax Canada says an increase in borrowers helped push total consumer debt to $2.36 trillion in the third quarter, even as mortgage volumes decline.

  Consumer

  Dec 6, 2022
• Canada’s housing market hotter than ever — and investors are playing a big role

  The share of home purchases by buyers who already have multiple mortgages is rising, data shows.

  Money

  Dec 3, 2021
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• Overpayment scam making the rounds in Kelowna, RCMP warn

  Fake cheques can be business or personal cheques, printed to look like legitimate cheques, stolen from a victim of identity fraud, or even a fake money order.

  Crime

  Oct 8, 2021
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• 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